Finance Manager

The Finance Manager plays a key leadership role in overseeing all financial operations of the school, ensuring compliance with regulatory standards, maintaining operational efficiency, and aligning financial strategies with the institution’s long-term goals. The role involves managing the finance team, maintaining robust systems, and providing senior leadership with timely, accurate financial insights for effective decision-making.

Key Responsibilities:

• Lead and manage the finance team in daily operations, including accounts payable and receivable, and financial reporting.
• Oversee the consolidation, invoicing, collection, and reconciliation of school fees and other receivables, ensuring timely and accurate billing.
• Monitor and manage accounts receivable and payable to maintain strong cash flow and financial control.
• Develop, implement, and monitor annual budgets aligned with the school’s strategic objectives.
• Prepare monthly, quarterly, and annual financial statements, ensuring accuracy and timely reporting to management and stakeholders.
• Conduct in-depth financial analysis to support planning and decision-making for academic programs and school initiatives.
• Establish and enhance financial policies, procedures, and internal controls to safeguard the institution’s assets.
• Collaborate with department heads to forecast needs and optimise resource allocation.
• Ensure full compliance with Singapore financial regulations, including tax, audit, and reporting requirements.
• Manage cash flow, banking relationships, and treasury functions to support operational needs and future growth.
• Review and approve monthly payroll and perform bank submissions.
• Undertake any other duties as assigned by senior leadership.

Requirements:

• Bachelor’s or Master’s degree in Finance, Accounting, or a related field.
• Professional certification (e.g., ACCA, CPA, CA) is desirable.
• At least 2 years of progressive financial management experience, preferably within an international private education setting.
• Solid understanding of Singapore’s financial regulations, tax compliance, and accounting standards (e.g., SFRS).
• Proven experience in managing billing, collections, accounts receivable/payable, and fee consolidation processes.
• Strong skills in budgeting, financial forecasting, and cash flow management.
• Excellent communication and interpersonal skills, with a collaborative approach across departments.
• Proficiency with accounting and payroll software.