Finance Operations Manager

What's This Role Really Like? 

This role has overall responsibilities over the company’s accounts payable, intercompany reconciliations/settlement, month end closing, audit schedules, as well as all banking and treasury matters. The individual will also be responsible for ensuring compliance with Group/Local accounting standards and internal policies. This position is expected to work with the other business function leaders to ensure that Finance operations can support other departments in the roll out of new products, new distribution or new processes.

Areas Of Responsibility

Finance Operations

• Review and oversee the entire account payable function, making sure that payments are completed timely; at the same time assure the required internal controls are in place 
• Liaises and work closely with banks to manage bank charges
• Monitoring cash balance to maintain minimum operational cash, and contribute the excess cash to investment 
• Provides oversight and ensures the timely submission of internal reporting information to regional office.
• Oversee month-end closing process and ensuring accuracy of journals booking
• Working with Financial reporting team and ensure audit schedules are prepared timely and balance are reviewed regularly
• Management of intercompany and reinsurance balances through timely reconciliation and settlement. Proactive engage other departments to seek support in the reconciliation and settlement of long outstanding balances.
• Liaise with MIS team to ensure timely delivery of DBS commission reports; working closely with DBS counterpart to reconcile any difference and obtain commission invoices timely
• Ensure internal regional reports are prepared and submitted by deadline

Others

• Participate in ad-hoc projects and provide recommendations from a finance perspective
• Be proactive in identifying any risks / opportunities, working closely with respective business/function leaders and regional finance teams for business support and process initiatives that affects finance operations and reporting.
• Ensure Finance Operations can support the business in the implementation of any new products, distribution partnerships or other initiatives from a finance operations and accounting standpoint.
• Identify opportunities for process improvement and streamline the Finance Operations process to make it more efficient.

Skills And Experience:

• Possess good communication and interpersonal skills
• Good strategic thinking and project management skills
• Strong operator; able to be hands-on but also possesses leadership qualities.
• Proficient in Microsoft excel.
• Proven ability for accuracy and attention to details
• Able to work independently and with a team
• Able to design and execute solutions independently
• Ability to work under tight deadlines; Results oriented and observe deadlines

Have a can-do attitude