Manager, Financial Accounting and Control

COMPANY DESCRIPTION

NTUC Health Co-operative Limited (NTUC Health) is an NTUC social enterprise that provides a comprehensive and integrated suite of quality and affordable health and elderly care services to meet the growing needs of families and their dependents. Building on more than five decades of experience and expertise, NTUC Health is among the largest senior day care, nursing home, and home personal care providers in Singapore. We also offer other services for seniors such as active ageing centres, community support for vulnerable seniors, and a sheltered senior group home. In addition, we run a chain of dental clinics and a family medicine clinic.

RESPONSIBILITIES

The Manager, Financial Accounting and Control, reporting directly to the Senior Manager, Financial Accounting and Control, holds a pivotal role in ensuring the accuracy, compliance, and efficiency of financial accounting processes within the organization. This position requires exceptional attention to detail, strong leadership capabilities, and expertise in financial systems, particularly SAP S4 Hana. The incumbent will oversee the preparation of audited financial statements, manage external and internal audits, streamline processes, and drive improvements through automation initiatives. The Manager will serve as a subject matter expert for SAP and play a crucial role in enhancing financial integrity and contributing to the organization's success.

Main Job Tasks and Responsibilities:

1. Preparation of Audited Financial Statements and Reporting Pack: Lead the preparation of audited financial statements and reporting packs for submission to NTUC Enterprise, ensuring accuracy and compliance with regulatory requirements.
2. Management of External and Internal Audit: Coordinate external and internal audit activities, liaising with auditors to provide necessary documentation and address audit queries promptly.
3. GST Submissions: Ensure timely and accurate submission of GST returns, maintaining compliance with tax regulations.
4. Management of Right of Use Assets & Liabilities: Oversee the accounting and reporting of right-of-use assets and liabilities in accordance with accounting standards.
5. Management of Bankers Guarantee: Administer bankers' guarantees, including issuance, monitoring, and reconciliation.
6. Review of Journals: Review journals prepared by staff, ensuring accuracy and compliance with accounting principles.
7. Management of Inventory for Family Medicine Clinic: Oversee inventory management processes for the Family Medicine Clinic, ensuring accuracy in recording and reporting.
8. Balance Sheet Review: Conduct regular reviews of balance sheet accounts, investigating variances and ensuring accuracy in financial reporting.
9. Process Improvement & Streamlining: Identify opportunities for process improvement and automation, collaborating with stakeholders to implement changes and enhance efficiency.

• Bachelor's degree in Accounting.
• Minimum 8-10 years of relevant working experience, with at least 2 to 3 years of audit experience (with Big 4) preferred
• Proven experience in financial accounting and control, preferably in a managerial role.
• Expertise in SAP S4 Hana and proficiency in financial software applications.
• Strong understanding of accounting principles, financial regulations, and auditing standards
• Strong analytical and problem-solving skills
• Solutions-oriented mindset and hands-on professional

Key Competencies:

1. Leadership: Demonstrated ability to lead and inspire a team, fostering a culture of collaboration and excellence.
2. Attention to Detail: Meticulous in ensuring accuracy and compliance in financial reporting and processes.
3. Communication: Excellent verbal and written communication skills for effective collaboration and stakeholder management.
4. Analytical Thinking: Proficient in analyzing financial data, identifying trends, and making data-driven decisions.
5. Adaptability: Ability to adapt to changes in technology, regulations, and business requirements.
6. Integrity: Commitment to upholding ethical standards and maintaining confidentiality in financial matters.
7. Process Automation: Experience in process automation initiatives, including familiarity with RPA (Robotic Process Automation) technologies.

This position offers a rewarding opportunity for an experienced professional to drive excellence in financial accounting and control, leveraging expertise in SAP S4 Hana and process automation to enhance efficiency and accuracy. The Manager will play a critical role in supporting the organization's financial goals and contributing to its overall success.