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Financial Operations Manager
1 week ago
A*STAR is an Accredited Training Organisation (ATO) that possesses the appropriate standards of staff training, accountancy resources and development for Singapore CA Qualification candidates.
A*STAR is a Recognised Employer Partner with CPA Australia, affirming our commitment to excellence in professional development, and to fostering the growth of our employees in Finance and Accounting.
Job DescriptionThe role involves managing month-end and financial year-end closing activities, reviewing payment and billing journals, tracking verification status of fund requisitions, and driving digitalisation initiatives.
Key Responsibilities:- Involve in month-end and financial year-end closing activities.
- Review payment, billing and receipts journals raised by team members.
- Track verification status of fund requisitions and final statement of accounts for timely fund disbursements.
- Ensure timely submission of fund requisitions and final statement of accounts by grantees and A*STAR to other funding agencies.
- Drive digitalisation initiatives to achieve operational efficiency and optimise resource allocation and utilization.
- Other tasks such as Accounts Payable duties like vendor management.
- Manage the annual budgeting exercise and mid-year budget review.
- Review and query submitted budget requests from divisions, consolidate the budget requests and present the annual operating budget to management for approval.
- Follow up with respective stakeholders to address budget queries raised by management.
- Prepare management accounts monthly and present financial performance regularly at management meetings.
- Ensure timely preparation and submission of internal and external stakeholders reporting.
- Act as effective business partner to management and other stakeholders in providing financial insights/ advice to achieve business objectives.