Finance Executive

As a Finance Executive at BCRS Ltd, you will support our accounting and finance operations. The successful candidate will play a key role in maintaining accurate financial records, ensuring compliance with statutory requirements, and supporting management reporting.

Roles & Responsibilities:
Financial Operations

Process accounts receivables/payables, employee claims, and payments.

Monitor customer accounts and follow up on outstanding receivables.

Reconcile daily interfaced transactions and receipts; highlight and update any discrepancies.

Perform monthly bank reconciliations and balance sheet reconciliations.

Manage grant utilisation and reporting.

Support annual audit and regulatory filing requirements.

Maintain proper financial documentation and records.

Budgeting & Management Reporting

Assist in the preparation of annual budgets and forecasts.

Monitor budget utilisation and analyse variances.

Process Improvement & Systems

Identify opportunities to improve finance processes and workflows.

Support digitalisation and finance system enhancements.

Participate in organisation-wide improvement initiatives.

Stakeholder Support

Liaise with auditors, banks, vendors, government agencies, and internal stakeholders.

Provide financial and administrative support across departments as required.

Requirements

Minimum Diploma or Degree in Accountancy, Finance, or related discipline.

Minimum 3-5 years of relevant accounting or finance experience.

Candidates lacking experience but possesses suitable skillsets and traits are welcome to apply.

Proficient in Microsoft Excel and Microsoft Dynamics Business Central.

Experience in partial or full-set accounting and month-end closing.

Familiarity with grants administration, non-profit organisations, government-funded programmes, or sustainability-related sectors will be advantageous.

Meticulous, organised, responsible and deadline-driven.

Positive attitude and willingness to learn.

Able to communicate clearly and escalate issues promptly.

We thank all applicants for their interest in joining BCRS Ltd. Please note that only shortlisted candidates will be contacted for an interview.

The Beverage Container Return Scheme (BCRS) was recommended by a Citizens’ Workgroup in 2019 as part of efforts to protect the environment, conserve finite resources, and increase recycling rates in Singapore.

The Scheme is designed to spark behavioural change by encouraging more sustainable consumption habits and enabling the transition towards a circular economy.

Under the Scheme:
Beverage producers and retailers are responsible for ensuring that beverage containers are properly collected and treated at end-of-life, and

Consumers are encouraged to return empty containers for recycling in exchange for a deposit refund.

The Scheme contributes to a more sustainable Singapore by:
Increasing the recycling rate of beverage containers and reducing waste sent for disposal;

Encouraging consistent recycling habits among Singaporeans; and

Aggregating a clean, high-quality stream of recyclable materials.

The impact of BCRS will be significant. The Scheme will cover more than one billion beverage containers used each year, allowing us to recover over 16,000 tonnes of material annually. This means less waste sent for incineration, lower carbon emissions, and a more circular economy.

BCRS is Singapore’s second Extended Producer Responsibility (EPR) scheme, following the introduction of the e-waste EPR framework in 2021. EPR schemes place responsibility on producers for the collection and end-of-life management of the products they put on the market. Over time they will make changes to their supply chains, processes and materials used, knowing that they have some responsibility for recycling the container after it is sold.

As a producer-led scheme, BCRS is designed and operated by the industry, for the industry. This approach allows producers to determine the most practical and cost-effective way to recover used beverage containers, while maintaining efficiency and service standards. Producer-led return schemes have been shown to be effective in countries such as Norway, Denmark and Lithuania.

Successful implementation requires the support, understanding, and shared commitment from all stakeholders involved: producers, retailers, recyclers, and consumers. There will be teething issues and adjustments along the way, but we can address them with everyone’s support. Launching the Scheme in April is the first step and adjustments will need to be made along the way, in order for the scheme to be effective and impactful.