Finance Executive

Responsibilities

• Month-End Closing
• Assist in month-end close activities including journal entries, accruals, and prepayments
• Perform balance sheet reconciliations and ensure accounts are properly substantiated
• Liaise with relevant teams to gather supporting documentation for closing entries
• Management Reporting
• Support preparation of monthly management accounts and financial schedules for internal review
• Assist in budget-vs-actual variance analysis and commentary
• Prepare and maintain supporting schedules and documentation for Finance Manager's review
• GST Compliance & Quarterly Reporting
• Prepare quarterly GST returns for submission to IRAS, ensuring accuracy and timeliness in compliance with prevailing regulations
• Conduct deep-dive reviews and analysis of GST-related transactions; identify, investigate, and resolve discrepancies proactively
• Participate in SFA's InvoiceNow Project: assist in scoping and implementing InvoiceNow-compliant workflows, drive improvements in GST submission through e-invoicing integration.
• Grants Management & Administration
• Issue billing documents to participants and follow up to collect outstanding payments; send payment reminders and update payment status in grants tracking files
• Coordinate non-member conversion for grant-funded mission trips; liaise with the Membership team to follow up on potential conversions, and issue relevant invoices upon confirmation of conversion outcome
• Prepare grant claim template files and supporting schedules for submission to funding bodies including MAS and Enterprise Singapore
• Coordinate and assist in grant audits - prepare documentation and maintain organised and audit-ready grant records in compliance with funder requirements and SFA's internal controls
• Audit Support
• Prepare audit schedules, reconciliations, and supporting documents for annual statutory audit
• Liaise with external auditors to address queries and provide timely responses
• Assist in preparation of financial statements and disclosures
• Compliance & Internal Controls
• Support compliance with internal financial policies, procedures, and regulatory requirements
• Conduct fixed asset physical sighting and counting exercises as directed by SFA's fixed asset policy
• Maintain and update the fixed asset register including additions, disposals, and depreciation schedules, and manage fixed asset labelling, including affixing labels to new assets and replacing worn labels
• Assist in documenting and reviewing internal controls to ensure adequacy and effectiveness
• Finance Process Improvements
• Identify opportunities to streamline and improve existing finance workflows
• Assist in developing and maintaining Standard Operating Procedures (SOPs) for finance functions
• Support implementation of process improvement initiatives and system enhancements

Additional Information

We are looking for a meticulous and motivated Finance Executive to join our Finance team. Reporting to the Finance Manager, you will play a key support role across a broad range of finance functions including month-end closing, management reporting, GST compliance, grants administration, accounts receivable, audit support, compliance, and internal controls. This is an excellent opportunity for a finance professional looking to deepen their expertise in a dynamic association environment at the heart of Singapore's FinTech ecosystem.

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