Finance Manager - #1121892

A Finance Manager shall oversee the company’s financial health by managing accounting, budgeting, financial reporting and compliance, with key responsibilities including cost control, cash flow management, contract review and financial analysis to support strategic decisions and ensure project profitability. The role requires close coordination with project managers, quantity surveyors, and management to ensure accurate cost control, budgeting, and financial compliance with Singapore’s statutory regulations.

Key Responsibilities:

Finance Management & Reporting

• Develop and implement financial strategies aligned with business objectives; advise management on financial planning, investments, and risk management.

• Prepare, manage and submit monthly, quarterly and annual financial reports, budgets and forecasts for both projects and the company.

• Ensure timely preparation and closure of monthly accounts.

• Ensure timely filing of GST, corporate tax, and other statutory submissions to IRAS and ACRA.

Cost Control Management

• Implement and monitor strategies to control project costs, prevent overruns and ensure profitability and recommend corrective actions.

• Collaborate with project managers to monitor and control project costs, progress claims, variation orders, and retention sums.

• Review and approve tenders, subcontractor payments, and capital expenditures.

• Evaluate financial strength of clients for their payment ability and promptness.

• Ensure subcontractor and supplier payments are properly validated against contracts.

Cash Flow Management

• Track and manage cash flow, working capital, to ensure the company meets its operational and project-based financial needs.

• Assist Finance Director to manage and negotiate with Banks for financing facilities to support Invoice financing, BG and LC and deferred payment.

• Oversee all financial operations including managing the processes for Purchase Order, Billings, Collections, Payments, and payroll, by ensuring the operations are efficient, timely and internal controls are not compromised

Accounting & Compliance

• Oversee general ledger operations, account reconciliations, and ensure adherence to accounting standards, tax regulations, and internal policies. 

Contract & Risk Management

• Review contracts to assess financial risk, track billing, manage retention, and support financial aspects of claims and disputes. 

 Team & Systems Oversight

• Supervise and mentor the finance / account team, and ensure the effective use and improvement of financial systems and construction accounting software. 

• Foster a culture of continuous improvement and financial accountability throughout the organization.

Stakeholder Support

• Provide financial guidance and insights to management and project managers to support strategic decision-making. 

Working Hours

• Monday to Friday: 8:30am – 5:30pm

• Saturday: 8:30am – 12:30pm (5.5 working days)