Group Finance Manager

Company: SHS Holdings Ltd

Position: Group Finance Manager

Reporting To: Group Chief Financial Officer

Job Summary

The Group Finance Manager is responsible for overseeing the Group’s finance and accounting functions, including financial reporting, group consolidation, budgeting, cash flow management, tax, audit and financial controls.

The role will work closely with the Group CFO, senior management and finance teams across the Group’s business units and subsidiaries to ensure accurate and timely financial information, effective financial controls and compliance with applicable accounting standards, statutory requirements and SGX listing requirements.

Key Responsibilities

1. Group Finance & Financial Reporting

• Oversee the day-to-day finance and accounting activities of the Group and its subsidiaries.
• Ensure timely and accurate preparation of monthly, quarterly and annual financial reports.
• Assist in the preparation of Group consolidated financial statements and management reports.
• Review financial results and provide analysis on key financial and operational variances.
• Monitor the financial performance of subsidiaries and business units and highlight significant issues to management.
• Ensure proper maintenance of accounting records and compliance with Group accounting policies and procedures.

2. Budgeting & Financial Planning

• Coordinate and assist in the preparation of the Group’s annual budget and financial forecasts.
• Monitor actual performance against budget and provide variance analysis and explanations.
• Support management in financial planning, business performance analysis and decision-making.
• Assist in the preparation of financial projections and business plans for new initiatives and investments.

3. Cash Flow & Treasury Management

• Monitor the Group’s cash flow position and working capital requirements.
• Prepare and maintain cash flow forecasts and ensure sufficient funds are available for operational requirements.
• Monitor collections, payments, receivables and payables to optimise the Group’s working capital.
• Assist in managing banking relationships and financing arrangements where required.
• Monitor the Group’s banking facilities, loans and other financial commitments.

4. Audit & Statutory Compliance

• Coordinate and manage the Group’s annual audit process and ensure timely completion of audit requirements.
• Liaise with external auditors and coordinate with subsidiaries to ensure audit schedules and supporting documents are prepared accurately and on time.
• Assist in the preparation and finalisation of annual financial statements and relevant financial disclosures.
• Liaise with tax agents and other professional advisers on corporate tax, GST and other statutory matters.
• Ensure compliance with applicable Singapore Financial Reporting Standards, Companies Act, GST and corporate tax requirements.

5. SGX & Corporate Governance

• Assist the Group CFO in ensuring compliance with applicable SGX Listing Rules and corporate governance requirements.
• Support the preparation of financial information and reports required for SGX announcements, annual reports and other regulatory filings.
• Work closely with the Company Secretary, auditors and professional advisers on finance-related regulatory and corporate matters.
• Assist in monitoring the Group’s compliance with internal financial policies and procedures.

6. Internal Controls & Risk Management

• Maintain and strengthen effective financial controls and accounting procedures across the Group.
• Review finance processes and recommend improvements to enhance efficiency, accuracy and internal controls.
• Assist in identifying financial and operational risks and recommend appropriate mitigating measures.
• Support internal and external audit processes and follow up on audit findings and recommendations.

7. Finance Team Management

• Oversee the operations and workflow of the Group Finance Department.
• Supervise, guide and develop finance team members to ensure effective performance and timely completion of responsibilities.
• Allocate work appropriately and establish clear deadlines and priorities for the finance team.
• Review and improve finance processes, systems and reporting procedures.
• Ensure the team maintains proper documentation and accounting records.

8. Business & Management Support

• Provide financial analysis and insights to management to support business and strategic decisions.
• Assist in evaluating business proposals, investments, projects and other corporate initiatives from a financial perspective.
• Work closely with operations and business unit heads to improve financial performance and cost management.
• Support the Group CFO and senior management in ad-hoc financial analysis, projects and other assignments as required.

9. Systems & Process Improvement

• Ensure effective utilisation of the Group’s accounting and finance systems, including Microsoft Dynamics NAV (Navision).
• Identify opportunities to streamline and automate finance processes and improve reporting efficiency.
• Assist in implementing and enhancing Group-wide finance policies, procedures and reporting standards.

10. Other Responsibilities

• Perform any other duties and responsibilities as assigned by the Group CFO or senior management from time to time.

Job Requirements

• Degree in Accountancy, Finance or a related discipline, or professional qualification such as ACCA, CPA or equivalent.
• At least 5 years of relevant finance and accounting experience, preferably with prior audit experience.
• Experience in group consolidation, financial reporting, budgeting, cash flow management and audit coordination.
• Experience in a listed company environment and familiarity with SGX reporting requirements will be an advantage.
• Strong knowledge of Singapore Financial Reporting Standards (SFRS), Corporate Tax, GST, Companies Act and SGX Listing Rules.
• Familiarity with corporate governance requirements and internal control practices.
• Proficient in Microsoft Office, particularly Excel, and finance/accounting systems. Experience with Microsoft Dynamics NAV (Navision) is preferred.
• Strong analytical, problem-solving and financial management skills.
• Good leadership and people management skills with the ability to guide and develop a finance team.
• Good interpersonal, organisational and communication skills.
• Proactive, meticulous and able to work independently with minimal supervision.
• Able to manage multiple priorities and work effectively under pressure and within tight reporting deadlines.
• Strong sense of responsibility, integrity and attention to detail.