Finance Executive

JOB PURPOSE

Executes finance activities for PGSSB, in alignment with PGSSB's strategy, policies, standards, and objectives. Ensure accurate and timely financial reporting to assist management in decision making and timely submission of returns/ documents/ correspondences to regulatory bodies. Supports PGSSB financial standing by ensuring collection from customers and payment to suppliers are made timely and effective management of cash.

KEY ACCOUNTABILITIES

1. Finance

FINANCIAL AND MANAGEMENT ACCOUNTING & REPORTING

• Drive and perform monthly closing activities ensuring accurate and timely production of PGSSB Financial Statement
• Strategize and lead the process of preparing the Monthly Performance Report and Audited Financial Statement for PGSSB for endorsement/approval by Management, Board of Directors and Shareholders.
• Synthesize and provide insights on the performance highlights, projections and analysis (against Plans and Budget, prior periods and benchmarks)

PLANNING & BUDGETING

• Strategize and lead the process of developing PGSSB corporate strategies, long term objectives and initiatives
• Prepare Plans and Budget for PGSSB ensuring alignment with strategic business direction, accurate, complete and complied to applicable standards.
• Facilitate review and challenging session with management before presentation to the Board of Directors for approval.
• Custodian and advice for budget transfers and supplementary budget process

PLANT ACCOUNTING & PRODUCT COSTING

• Determine, review and finalise Unit Product Costing (UPC) and Plant Cost Efficiency Analysis by developing appropriate cost allocation rule through understanding of plant operating mode and trending analysis

FINANCIAL SERVICES & TREASURY

• Strategize and lead the overall efficiency of Accounts Payable, Account Receivable & Petty Cash to ensure compliance with statutory requirements and PGSSB policies and procedures
• Strategize and lead an effective cash management process including cash flow forecast, forex & hedging strategy for optimum utilisation of financial resources through managing & monitoring the working capital to maximise return to PGSSB
• Review debt management related matters with regards to payment of principal, & interest ensuring compliance to loan agreements

CORPORATE FINANCE

• Formulate strategy on funding requirement, optimal capital structure
• Develop and maintain Corporate Financial Policy
• Develop dividend plan

TAX

• Strategize and provide effective tax planning to ensure PGSSB can benefit from any tax activities PGSSB eligible to
• Prepare Tax estimates, Corporate Tax, & Indirect Taxes Returns and ensure submission to Inland Revenue Board and relevant regulatory bodies are timely and accurate

INSURANCE

• Review and ensure adequate insurance coverage for PGSSB
• Facilitate insurance claims and discussion between Insurance Companies or Adjusters with asset owners or users

COMPLIANCE & GOVERNANCE

• Drive development and implementation of PGSSB LoA and PGSSB Finance work processes and procedures in consultation with key PGSSB stakeholders
• Administer new application of SAP ECC6
• Develop and implement Annual Compliance Review to ensure compliance to LoA, Work Process and Procedures and System Control.

2. Leadership

• Provides visible leadership and promotes PGSSB HSSE culture.
• Promotes a culture of openness, willingness to contribute, mutual learning, continuous improvement and innovation to achieve PGSSB operational goals.
• Is accountable for the performance of the ASU RAPID finance function, including meeting related operational cost base targets.

3. Mindset, Behaviour and Culture

• Promotes distinctive mindset, behaviour and culture to achieve high work
• performance by adoption and implementation of value interventions, tools and methodologies. Promotes and instills a high sense of commitment, ownership, integrity and loyalty that will contribute to PGSSB operational excellence.

KEY INTERFACES

• PGSSB Commercial
• PGSSB Supply Chain
• PGSSB Operation
• Suppliers
• Customers

REQUIRED QUALIFICATIONS, EXPERIENCE, SKILLS & BEHAVIOURS

• Bachelor's Degree in Accounting or related discipline
• Minimum 5 years of experience in finance processes covering financial reporting and finance operations

SKILLS

• SAP modules
• FICO, MM, SRM
• Results focused
• Effective communicator
• Contract management
• Professional
• Flexibility
• Computer literate

CRITICAL BEHAVIOURS

• Customer focus
• Analytical and problem-solving skill
• Communication & collaboration Adapt
• able communication