Business Control Manager
Job Summary
The Business Control Manager will research and analyze new accounting standards, review financial statements across multiple entities, and ensure compliance with SFRS(I)/IFRS. The role involves overseeing financial data preparation, conducting tax computations, managing budgets and forecasts, and supporting management decision-making. Additionally, the candidate will coordinate with auditors, implement process improvements, and coach team members.
Responsibilities
- Research and analyze accounting standards (SFRS(I)/IFRS)
- Review and analyze financial statements and reports
- Oversee financial data preparation and resolve variances
- Review and analyze budget and forecast submissions
- Coordinate with internal and external auditors
Required Skills
- Bachelor’s degree in Finance or Accounting (CPA/ACCA preferred)
- 7–10 years of progressive finance experience
- Solid knowledge of SFRS(I)/IFRS
- Experience in offshore, marine, or energy industries
- Proficiency in Microsoft Excel and SAP S/4HANA
Job Details
Research and analyze the impact of new and updated accounting standards (SFRS(I)/IFRS) and advise on required implementation across entities.
Partner with the supervisor to resolve accounting and operational queries from departments in a timely and effective manner.
Support finance-related change initiatives.
Prepare financial analysis to support management decision-making.
Review and analyze financial statements and reports for multiple entities to ensure accuracy, completeness, and compliance with SFRS(I)/IFRS.
Oversee financial data preparation, identify discrepancies, and resolve variances.
Perform tax provision and deferred tax computation in compliance with accounting standards.
Coach and upskill team members to strengthen capability and performance.
Develop and update standard templates to improve consistency, comparability, and efficiency across entities.
Ensure timely and accurate reporting to management, regulators, and external stakeholders.
Monitor changes in accounting standards and regulatory requirements and advise management on necessary adjustments.
Coordinate with internal and external auditors and ensure timely submission of documentation and explanations.
Design and implement process improvements to standardize workflows, enhance automation, and strengthen financial processes.
Review and analyze budget and forecast submissions to ensure accuracy, completeness, and reasonableness.
Provide variance analysis and highlight key risks, opportunities, and assumptions.
Ensure consistency in financial assumptions, methodologies, and reporting across entities.
Requirements:
Holds a Bachelor’s degree in Finance, Accounting, or a related discipline; CPA, ACCA, or other equivalent professional certification is preferred.
Minimum of 7–10 years of progressive finance experience, particularly in financial reporting and compliance.
Proven ability to manage accounts for large and complex organisations (e.g., revenue of S$1 billion or more).
Has strong analytical skills with the ability to dig deep into data and identify key issues or insights.
Solid knowledge of SFRS(I)/IFRS and other relevant accounting standards.
Excellent communication and interpersonal skills, with the capability to influence and collaborate effectively across teams.
Must have experience in offshore, marine, or energy industries, especially with long-term construction contract accounting, is highly advantageous.
Proficient in Microsoft Excel; familiarity with SAP S/4HANA and Power Query is an added advantage.
Working Hours: Monday – Thursday: 8:00am – 5.15pm, Friday: 8:00am – 4.30pm