FP&A Manager

Position Overview:
The FP&A Manager is a newly established role, reporting directly to our Head of P&M (SGP). The position combines management accounting — cost allocation, inter-company billing, and cost center accounting — with broader FP&A/reporting responsibilities and participation in strategic, governance, and cross-entity initiatives led by head of P&M (SGP). This role is designed for an experienced finance professional who can operate independently across structured reporting cycles, hands-on cost accounting work, and ad-hoc, high-visibility analytical work spanning different entities.

The role is intended to grow with the individual: the initial mandate centers on FP&A fundamentals, with scope for expansion into strategy office liaison, governance documentation, and business development support as capability and trust are established.

Key Responsibilities:
Core Mandate — Management Accounting

• Own project cost allocation methodology — direct and indirect/overhead costs —across projects and cost centers, ensuring allocation bases are consistent, defensible, and properly documented.
• Manage intercompany cost recharge and billing between entities, and other Hanwha Ocean entities, ensuring accurate invoicing, supporting documentation, and timely settlement.
• Maintain the cost center structure and lead the monthly management accounting close, ensuring costs are correctly captured, allocated, and reconciled to financial accounting.
• Review and refine cost allocation and recharge policies over time, in line with intercompany agreements and transfer pricing principles.

Core Mandate — FP&A & Reporting

• Lead budgeting, forecasting, and variance analysis across company, in coordination with shipyard Finance where relevant.
• Prepare and consolidate the Monthly Business Report (MBR), ensuring accuracy, timeliness, and clear narrative for Senior management and HAS Strategy Office.
• Track and report on KPI performance against the company's key initiatives (e.g. OCF, project profitability, cost competitiveness), maintaining a single source of truth for management review.
• Develop and maintain financial models supporting business planning, scenario analysis, and project economics.
• Support cash flow monitoring and treasury-related reporting, including surplus cash and working capital matters.

Extended Scope — Strategic &Cross-Entity Support

• Assist Head of P&M (SGP) in preparing materials for Strategy sessions, board reporting, and senior management briefings.
• Support governance documentation efforts, including approval matrix and policy manual updates, as required.
• Contribute to business development and project evaluation work, including cost/profitability analysis for bid decisions.
• Take ownership of designated special projects as assigned by P&M, spanning finance, corporate strategy, and cross-functional coordination between company and shipyard entity, and Korea HQ.

Stakeholder Management

• Act as a key point of contact for finance-related matters between company and shipyard entity, and support coordination with HQ Group Treasury/Finance as needed.
• Liaise with external parties (banks, advisors, auditors) on specific finance initiatives as delegated by P&M.

Required Qualifications & Experience:

• Approximately 10 years & above of relevant experience in Finance, FP&A, or management accounting, ideally with exposure to project-based industries (shipbuilding, offshore, EPC, or similar).
• Demonstrated ability to independently manage budgeting, forecasting, and management reporting cycles.
• Strong financial modeling and analytical skills, with high proficiency in Excel; comfort working with SAP or equivalent ERP systems.
• Proven experience operating across multiple stakeholders and entities, with the judgment to manage ambiguity and shifting priorities.
• Excellent written and verbal communication in English; ability to produce clear, senior-management-ready materials.

Korean language proficiency is a must, given regular coordination with HQ Strategy Office and Korea-based stakeholders.

• Willingness to relocate to Singapore.
• Prior experience in a comparable shipbuilding/offshore/EPC organization.
• Exposure to corporate strategy, governance, or business development functions in addition to core finance.
• Experience working in a matrixed reporting structure across HQ and overseas subsidiaries.

Hanwha Ocean is undergoing a transformative journey, evolving from a traditional shipbuilder into a comprehensive Engineering, Procurement, Construction, Installation, and Operation (EPCI(O)) solutions provider. Our portfolio now spans FPSO, FLNG, offshore renewables, floating production units, as well as developments across onshore energy and infrastructure sectors.

By expanding into onshore power plants, including gas-based and combined-cycle facilities, as well as wind projects, in addition to our established offshore capabilities, we further broaden our commitment to providing world-class, end-to-end energy solutions.

Explore opportunities to be part of our team at the Hanwha Ocean - Energy Plant Unit (EPU)!

In Singapore, our expertise and primary business focus is Global Project Execution Center for Topside Engineering and Project Execution Center of Hanwha Ocean EPU.