Assistant Finance Manager/Finance Lead

IDP Education

Singapore
Permanent
Full-time

26 days ago

An ASX100 business part that is owned by Australian universities, IDP is a pioneer in international education services. Our core business lines include student placement to Australia, US, UK, Canada and New Zealand institutions, English-language testing and training.We are on a mission to build the world's leading platform and connected community to guide students along their journey to achieve their lifelong learning and career aspirations.As a co-owner of IELTS, we deliver the English test that is trusted by more governments, universities and organisations than any other. We also operate English language teaching schools in South East Asia.We are innovators, driven by the needs of our customers and deep data insights. Our 5,000 team members based around the world understand that our services change lives – not only of our customers, but their wider communities.By combining empathy and professional expertise with digital excellence, we create launch pads for our customers to achieve global success.POSITION PURPOSESingapore Assistant Finance Manager/Finance Lead will be primarily responsible for general financial accounting, tax, statutory, routine transactional finance and selected admin tasks for the IDP Education Limited Singapore Branch.The branch includes Singapore operations plus regional office management entities.The role will also be tasked with involvement in process improvement and exposure to management reporting and analysis.The role works closely with Singapore Country Director, Regional Finance Manager & Controller, Singapore management team and Finance Shared Services (FSS) to fulfil duties.RESPONSIBILITIESAccounting Operations (50%)

Ownership of the full Singapore entity (Singapore SGD01, Regional Office SEA01 and smaller NSS01 and North Asia NAR01) related month end close process – leads day to day dialogue with FSS and HQ. Proactively engaging with Singapore stakeholders on close items such as accrual reasonability.
Ownership of the full Singapore entity Accounts Payable (AP) process - driving all day to day , routine (e.g. masterdata) and process improvements with stakeholders (region, management , operations, FSS).
Leading funding/banking activities including direct liaison with HQ teams , HSBC, DBS as needed.
Work with Country Director (or Country Leadership Teams), region finance and HQ on future banking and or cash receipts solutions.
Ownership of full Singapore entity claims reimbursement process – and compliance issues rectified. Proactively engage with operations teams/ FSS/CM/Region Finance as needed. Ensure smooth Concur processes engaging systems teams or operational teams as needed.

Compliance (15%)

Ownership of Singapore branch financial audit, financial statements preparation and submission process
All local Singapore branch tax matters including but not limited to GST, annual tax returns, employee yearly tax submissions
Lead Singapore branch company secretarial activities such as ACRA, MOM or other liaison/submissions

Financial Reporting & Analysis (30%)

Support budgeting, forecasting and reporting – by providing reports, consolidation and selected analysis as directed by the country leadership team / regional team
Analyze current and past trends, and also against budget and forecast in key performance indicators including sales volume, revenue, direct costs, operating expenses, capital expenditure to forecast the company performance in the future.
Closely tracking forecasting for accuracy and to build culture of continuous forecast improvement amongst local finance and operational teams
Perform and analysis monthly financial statement, variance analysis to help management be aware of current business and financial situation comparing to target.
Support the finance portion of ASCENT REPORT and compile the ASCENT Report for the Singapore CD.
Recommend process improvement for efficient, accurate and timely reporting.
Willingness to become OBI superuser (extracting financial and non-financial data from OBI) to support analysis

Other Duties (5%)

Assist local and regional management with preparing finance-related information required for business presentations
Support local finance systems projects implementation / improvement – co-ordinate, support, participate, document, process map.
Providing guidance and support to improve local finance processes and practices. Involvement in managing adhoc financial activities e.g. audits, revenue Departments
Providing finance related cross-functional guidance and support to improve or launch local or regional operations processes and practices.
Undertake any other ad-hoc duties as directed by the Country Director

WHAT WE'RE LOOKING FOR

Bachelor’s degree - additional certifications in Finance / Accounting a bonus; with minimum 5 of experience
Consistent performer with a minimal error rate and the ability to operate proactively with minimal supervision;
Customer service attitude and an excellent team player – willing to support others to achieve wider team and company goals;
Strong English communication (verbal and written) skills to interact effectively with global colleagues;
Very high resilience and Adaptability to change / and work in a constantly changing environment
Able to overcome challenges to perform effectively
Strong Microsoft Excel skills
Desire to exceed expectations, provide valuable analytical insight and progress career

IDP Education

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