Financial Operations Director
2 weeks ago
Job Title: Financial Operations Director
Company OverviewDong Sing Food Link is a leading food company seeking an experienced Financial Operations Director to join our team. As a key member of our management team, you will be responsible for overseeing all financial operations and ensuring the company's financial health.
The successful candidate will possess a strong background in finance, with a minimum of 5 years' experience as a head of finance department. You will have excellent leadership skills, with the ability to motivate and guide a team of finance professionals.
Job DescriptionThe Financial Operations Director will be responsible for:
- Fully responsible for the accurate and timely submission of monthly/quarterly management accounts;
- Review and approve journal entries;
- Ensure all control accounts (i.e. AP & AR and bank reconciliation) are reconciled on a monthly basis;
- Monitor and manage cash flow to ensure sufficient liquidity for ongoing operations;
- Monitor and manage customer credit accounts to ensure timely payment and minimize bad debts;
- Review/ensure monthly management accounts are fully in compliance with Company's SOPs, tax laws and regulations;
- Promptly monitor the budget and profitability statements against actual performance;
- Prepare business review and variance analysis against budget/prior year results;
- Tax Estimates and Financial Tax Review;
- Ensure monthly tax payment/final tax payment are made on time;
- Review and approve annual tax computation and notes to accounts;
- Coordinate/liaise with tax agent on all tax matters;
- Review SST returns & ensure compliance;
- In charge of annual audit and planning thereof;
- Review/approve payment/funds transfer request;
- Monitor the full Account Payable (AP) cycle from invoice processing to payment;
- Manage/appraise/evaluate staff performance;
- Train and share the latest update on SST reporting guideline with staff;
- Smoothen/improve on financial process flow to meet business requirement.
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