Finance Manager
Company Overview
Beijing Urban Construction Group Co., Ltd. (BUCG) is a leading Beijing-based construction enterprise with special-grade qualifications. It operates across nine major business fields, delivering major national projects and aiming to be an internationally renowned urban construction service provider.
Job Summary
We seek a hands-on Finance Manager to independently manage full-spectrum finance and accounting functions for BUCG Singapore. You will establish financial processes, ensure compliance, support project finance, and collaborate with local teams and China Headquarters.
Responsibilities
- Independently manage full sets of accounts including general ledger, accounts payable and receivable, bank reconciliations, accruals, and journal entries to ensure accurate financial records.
- Prepare monthly, quarterly, and annual financial statements and management accounts for timely reporting.
- Lead month-end and year-end closing activities to deliver accurate financial results.
- Process payments, supplier invoices, expense claims, reimbursements, and maintain proper financial documentation.
- Coordinate with external auditors, tax agents, banks, and service providers to support audits and compliance.
- Prepare financial reports, cash flow statements, budget reports, and analyses for Singapore management and China Headquarters to support decision-making.
- Align financial reporting with Singapore Financial Reporting Standards and Group requirements.
- Manage intercompany transactions, funding arrangements, and reconciliations in coordination with Headquarters.
- Monitor daily cash flow and maintain sufficient working capital to support business and project operations.
- Prepare cash flow forecasts, funding requirements, and payment schedules to ensure liquidity.
- Manage banking transactions, bank reconciliations, and maintain relationships with financial institutions.
- Monitor outstanding receivables, payables, and financial commitments to optimize cash management.
- Ensure compliance with Singapore statutory accounting, taxation, and financial reporting requirements.
- Prepare and coordinate corporate income tax submissions, GST reporting, and other tax obligations with relevant authorities.
- Liaise with IRAS, external tax agents, auditors, and authorities to maintain regulatory compliance.
- Support compliance with ACRA requirements including statutory financial reporting and filing.
- Coordinate with HR on payroll accounting, CPF contributions, employee payments, and tax reporting.
- Support project financial management by monitoring budgeting, cost control, expenditure, and supplier payments.
- Collaborate with project, contracts, and procurement teams on payment certification, billing, variation claims, and financial matters.
- Prepare project cash flow forecasts and monitor actual expenditure against budgets to assess financial performance.
- Assist management in evaluating project profitability, financial exposure, and cost performance.
- Support financial administration for joint venture projects where applicable.
- Establish and maintain accounting procedures, approval workflows, and internal financial controls to safeguard assets.
- Develop practical finance processes tailored for a lean Singapore operation to improve efficiency.
- Identify and implement improvements in accounting systems, digitalisation, and process standardisation.
- Ensure proper document retention, financial authorisation, and compliance with company policies.
- Support implementation or enhancement of accounting and financial reporting systems as business expands.
- Collaborate closely with the General Manager and functional departments on operational and financial matters.
- Provide financial evaluation of business proposals, procurement activities, and contractual arrangements.
- Advise on expenditure planning, budget utilisation, and cost optimisation to support business growth.
- Undertake additional finance-related responsibilities to support BUCG Singapore’s establishment and expansion.
Required competencies and certifications
- Bachelor’s Degree in Accounting, Finance, or related discipline.
- Minimum 15 years of relevant accounting and finance experience, including independently managing full sets of accounts.
- Strong hands-on accounting and financial management capabilities.
- Ability to work independently with minimal supervision in a lean finance environment.
- Proficiency in accounting software, ERP systems, and Microsoft Excel.
- Strong analytical, problem-solving, and communication skills.
- High level of integrity, accountability, and professional judgement.
- Knowledge of Singapore statutory accounting, taxation, and financial reporting requirements.
Preferred competencies and qualifications
- Experience in construction, engineering, infrastructure, or project-based industries.
- Experience in project cost accounting, budgeting, cash flow management, and financial reporting.
- Experience coordinating with overseas headquarters.
- Proficiency in Mandarin to facilitate communication with China Headquarters.