Finance Executive - #1162654

About Us

The Singapore FinTech Association (SFA) is a cross-industry, non-profit organisation and the centralised platform for the FinTech ecosystem in Singapore. We work closely with government agencies, financial institutions, and industry stakeholders to develop a vibrant and sustainable FinTech community.

Job Description

We are looking for a meticulous and motivated Finance Executive to join our Finance team. Reporting to the Finance Manager, you will play a key support role across a broad range of finance functions including month-end closing, management reporting, GST compliance, grants administration, accounts receivable, audit support, compliance, and internal controls. This is an excellent opportunity for a finance professional looking to deepen their expertise in a dynamic association environment at the heart of Singapore’s FinTech ecosystem.

Responsibilities

Month-End Closing

• Assist in month-end close activities including journal entries, accruals, and prepayments

• Perform balance sheet reconciliations and ensure accounts are properly substantiated

• Liaise with relevant teams to gather supporting documentation for closing entries

Management Reporting

• Support preparation of monthly management accounts and financial schedules for internal review

• Assist in budget-vs-actual variance analysis and commentary

• Prepare and maintain supporting schedules and documentation for Finance Manager’s review

GST Compliance & Quarterly Reporting

• Prepare quarterly GST returns for submission to IRAS, ensuring accuracy and timeliness in compliance with prevailing regulations

• Conduct deep-dive reviews and analysis of GST-related transactions; identify, investigate, and resolve discrepancies proactively

• Participate in SFA’s InvoiceNow Project: assist in scoping and implementing InvoiceNow-compliant workflows, drive improvements in GST submission through e-invoicing integration.

Grants Management & Administration

• Issue billing documents to participants and follow up to collect outstanding payments; send payment reminders and update payment status in grants tracking files

• Coordinate non-member conversion for grant-funded mission trips; liaise with the Membership team to follow up on potential conversions, and issue relevant invoices upon confirmation of conversion outcome

• Prepare grant claim template files and supporting schedules for submission to funding bodies including MAS and Enterprise Singapore

• Coordinate and assist in grant audits — prepare documentation and maintain organised and audit-ready grant records in compliance with funder requirements and SFA’s internal controls

Audit Support

• Prepare audit schedules, reconciliations, and supporting documents for annual statutory audit

• Liaise with external auditors to address queries and provide timely responses

• Assist in preparation of financial statements and disclosures

Compliance & Internal Controls

• Support compliance with internal financial policies, procedures, and regulatory requirements

• Conduct fixed asset physical sighting and counting exercises as directed by SFA’s fixed asset policy

• Maintain and update the fixed asset register including additions, disposals, and depreciation schedules, and manage fixed asset labelling, including affixing labels to new assets and replacing worn labels

• Assist in documenting and reviewing internal controls to ensure adequacy and effectiveness

Finance Process Improvements

• Identify opportunities to streamline and improve existing finance workflows

• Assist in developing and maintaining Standard Operating Procedures (SOPs) for finance functions

• Support implementation of process improvement initiatives and system enhancements

Requirements

Qualifications & Experience

• Only Singapore Citizens and Permanent Residents are eligible to apply; work pass sponsorship is not available for this role

• Diploma or Degree in Accountancy, Finance, or a related discipline

• Minimum 3–5 years of relevant finance or accounting experience

• Prior experience in a non-profit, association, or public-sector environment is an advantage

Skills & Competencies

• Proficient in Xero (preferred) and Microsoft Excel

• Familiarity with Singapore Financial Reporting Standards (SFRS), GST regulations, and IRAS filing requirements is an advantage

• Experience with government grant programmes (e.g. MAS, Enterprise Singapore) is an advantage

• Strong numerical accuracy and attention to detail

• Good written and verbal communication skills

• Self-motivated, organised, and a collaborative team player