Deputy Manager - Finance

Date: 3 Jan 2025

Location: Singapore, SG, 339263

Company: idsMED

Job Responsibilities

  • Support the Finance Director in overseeing the Company’s account by ensuring the accounting records are recorded timely and accurately.
  • Support the Finance Director in treasury activities like banking, cash flow management and fx hedging activities.
  • Working with the team to ensure records are entered into systems correctly, payments are prepared to the right vendor and with proper approvals.
  • Ensure month end processes are processed timely and accurately (Inventory closing, tally of sub-ledger to General Ledger).
  • In charge of General Ledger & Fixed Assets module and ensure that monthly entries are recorded completely, accurately and timely monthly for closing of accounts.
  • Preparing of monthly management reports
  • Preparing yearly budget & quarterly forecast
  • Preparing of monthly bank reconciliation and balance sheets schedules and follow up on outstanding matters reflecting in the bank reconciliation and balance sheets schedule.
  • Ensuring that internal controls are adhere, identifying weakness in internal control and implementing new processes & procedures to improve internal control.
  • Ensuring the Singapore statutory accounting and financial management are in compliance to the local regulations.
  • Ongoing liaison with auditors to ensure that the statutory reports are reported timely and in compliance with local reporting standards.
  • In charge of all tax filing (GST, corporate tax) & update to EDB
  • Working closely with the Operation team to ensure that they have completed all jobs for month end closing.
  • Any other adhoc finance matters

Job Requirements

  • Diploma/Degree in Finance or Accounting.
  • Qualified accountant with ACCA, CIMA, Singapore CPA or equivalent qualification preferred.
  • Eight years or above of relevant experience in a similar role.
  • Good exposure to accounting systems or ERP system, prior experience in Microsoft D365 & IBM Cognos Systems would be an advantage.
  • Proficient in analysing financial data and prepare financial reports, statements, and projections.
  • Possess proven ability to set-up and/or oversee all financial and operational controls and metrics.
  • Implement stable cash flow management, forecasting and treasury policies and procedures.
  • Experience in managing cash flow, working capital, taxes, transfer pricing, risk management and insurances, budget, and general accounting.
  • Conversant with the local regulatory environment related to the business including any finance, accounting, and tax requirements and advise senior management the business implication of any regulatory requirement.
  • Provide counsel to the Finance Director concerning local regulations.
  • Strong interpersonal and management skills; able to communicate clearly with upper management and internal contacts.
  • Possess proven ability to build and lead a team.
  • Ability to tackle additional duties and challenges as the Company continues to grow rapidly.
  • Fluent in English and Mandarin (in order to liaise with the English & Mandarin speaking associates)

Personal Qualities

  • Be a natural multi-task person who has a positive and proactive attitude in problem solving. 
  • Passionate and energized, take initiatives and integrity are key requisites to this management position.
  • Willing to lead the start-up Global entity and Treasury & Risk Management functions. Be able to hands-on and support the growing organisation.
  • Willing to work effectively in a team.
  • Able and willing to openly share ideas, communicate effectively and meaningfully contribute.
  • Possess and demonstrate an unwavering commitment to achieving goals and delivering optimal results.
  • Strategic in approach to solving problems; possess the ability to understand situations on a larger scale, but also possess the ability to manage details.