Deputy Director, Finance (HQ-RDF)
Salary undisclosed
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A*STAR is recognised by many accountancy organisations: Accredited Training Organisation (ATO) for the Institute of Singapore Chartered Accountants (ISCA), a Recognised Employer Partner with CPA Australia and others. It reaffirms our commitment to excellence in professional development, and to fostering the growth of our employees in the field of Finance and Accounting.
The appointed Deputy Director will supervise a team comprising of Senior Managers/Managers as well as Senior Associates/Associates on the management of research development funds for A*STAR Statutory Board.
Overview
Lead and supervise the HQ-RDF Finance Team to handle the full set of accounts and budgets for A*STAR, including the review of fund requisitions and final statement of accounts for entities under Councils, Innovation & Enterprise, Research Office, A*STAR Graduate Academy, Corporate Group, etc.
Ensure financial, legal and regulatory compliance to governmental and audit guidelines, strong corporate governance, proper accounting and use of public resources to enhance public accountability.
Act as effective business partners to management and other stakeholders in providing financial insights/advice to achieve business objectives
Liaise with Internal Auditors/External Auditors/Banks/etc
Implement new ERP system and drive digitalisation initiatives to achieve operational efficiency and optimize resource allocation and utilisation.
Financial and Management Reporting
Prepare and/or review the monthly management accounts and present financial performance at monthly management meetings
Responsible for closing of financial year-end accounts and statutory audit
Ensure the timely preparation and submission of internal and external stakeholders reporting including presentation slides
Grant Management & Compliance
Ensure compliance with grants? terms and conditions when processing fund requests (FRs) and final statement of accounts (FSOAs)
Monitor for timely submission of FRs and FSOAs by grantees and by A*STAR as grantor
Track verification status of FRs and FSOA for timely fund disbursements to grantees
Ensure timely submission of grant audit reports by grantees in accordance with A*STAR enhanced grant audit framework (for A*STAR grants) / NRF?s Enhanced Positive Affirmation Framework (for NRF grants)
Perform system enhancements to iGrants to strengthen internal controls and/or achieve operational efficiency
Budget
Handle day-to-day issues on budget funding, virements and process approved budget virements in SAP
Ensure timely reporting of monthly budget utilisation status to divisions
Manage the annual budgeting exercise and mid-year budget review on cash budget for submission to MTI, and A*STAR Research Entities' budget to be tabled at A*STAR Board-EXCO and Board meetings.
Assess budget sustainability, taking into account amounts available for use from various fund sources. Highlight potential issues early to management.
Review and query submitted budget requests from divisions, consolidate the budget requests and present the annual operating budget to management for approval
Follow up with divisions on budget queries raised by management
Support the MTI?s 5-year RIE tranche budget exercise including preparation of data, liaising with divisions and preparing budget submission through Planning unit
Manage and monitor the funding of the Corporate Group budget, advising Management on potential issues and actions to be taken
Manage and monitor the Overheads funding available and usage of Overheads
Internal Controls & Audit Management
Review and update of financial policies and SOPs, ensure proper internal controls
Liaise with internal auditors on all internal audit matters
Manage audit requests from external auditors (including AGO and auditor of statutory accounts)
Provide guidance to staff in the handling of audit queries
Whole-of-A*STAR Finance Initiatives/Projects
Drive or involve in Whole-of-A*STAR Finance initiatives/projects, including implementation of new ERP project
Provide guidance and build a cohesive high performance finance team
Plan the training and development opportunities for staff to expand both their capacity and capability
Other Responsibilities
Any other duties assigned as required
Requirements
Background in Accountancy Degree / ACCA
Possess at least 8 years of relevant experience
Strong analytical, communication and interpersonal skills
High learning agility and adaptability
Able to multi-task and deliver results under tight timelines
Meticulous, organised and resourceful
Strong supervisory and mentorship skills
Proficient in MS Office applications
Knowledge of SAP system and Tableau will be advantageous
The above eligibility criteria are not exhaustive. A*STAR may include additional selection criteria based on its prevailing recruitment policies. These policies may be amended from time to time without notice. We regret that only shortlisted candidates will be notified.
Type of Employment : Full-Time
Minimum Experience : 8 Years
Work Location : Fusionopolis
The appointed Deputy Director will supervise a team comprising of Senior Managers/Managers as well as Senior Associates/Associates on the management of research development funds for A*STAR Statutory Board.
Overview
Lead and supervise the HQ-RDF Finance Team to handle the full set of accounts and budgets for A*STAR, including the review of fund requisitions and final statement of accounts for entities under Councils, Innovation & Enterprise, Research Office, A*STAR Graduate Academy, Corporate Group, etc.
Ensure financial, legal and regulatory compliance to governmental and audit guidelines, strong corporate governance, proper accounting and use of public resources to enhance public accountability.
Act as effective business partners to management and other stakeholders in providing financial insights/advice to achieve business objectives
Liaise with Internal Auditors/External Auditors/Banks/etc
Implement new ERP system and drive digitalisation initiatives to achieve operational efficiency and optimize resource allocation and utilisation.
Financial and Management Reporting
Prepare and/or review the monthly management accounts and present financial performance at monthly management meetings
Responsible for closing of financial year-end accounts and statutory audit
Ensure the timely preparation and submission of internal and external stakeholders reporting including presentation slides
Grant Management & Compliance
Ensure compliance with grants? terms and conditions when processing fund requests (FRs) and final statement of accounts (FSOAs)
Monitor for timely submission of FRs and FSOAs by grantees and by A*STAR as grantor
Track verification status of FRs and FSOA for timely fund disbursements to grantees
Ensure timely submission of grant audit reports by grantees in accordance with A*STAR enhanced grant audit framework (for A*STAR grants) / NRF?s Enhanced Positive Affirmation Framework (for NRF grants)
Perform system enhancements to iGrants to strengthen internal controls and/or achieve operational efficiency
Budget
Handle day-to-day issues on budget funding, virements and process approved budget virements in SAP
Ensure timely reporting of monthly budget utilisation status to divisions
Manage the annual budgeting exercise and mid-year budget review on cash budget for submission to MTI, and A*STAR Research Entities' budget to be tabled at A*STAR Board-EXCO and Board meetings.
Assess budget sustainability, taking into account amounts available for use from various fund sources. Highlight potential issues early to management.
Review and query submitted budget requests from divisions, consolidate the budget requests and present the annual operating budget to management for approval
Follow up with divisions on budget queries raised by management
Support the MTI?s 5-year RIE tranche budget exercise including preparation of data, liaising with divisions and preparing budget submission through Planning unit
Manage and monitor the funding of the Corporate Group budget, advising Management on potential issues and actions to be taken
Manage and monitor the Overheads funding available and usage of Overheads
Internal Controls & Audit Management
Review and update of financial policies and SOPs, ensure proper internal controls
Liaise with internal auditors on all internal audit matters
Manage audit requests from external auditors (including AGO and auditor of statutory accounts)
Provide guidance to staff in the handling of audit queries
Whole-of-A*STAR Finance Initiatives/Projects
Drive or involve in Whole-of-A*STAR Finance initiatives/projects, including implementation of new ERP project
Provide guidance and build a cohesive high performance finance team
Plan the training and development opportunities for staff to expand both their capacity and capability
Other Responsibilities
Any other duties assigned as required
Requirements
Background in Accountancy Degree / ACCA
Possess at least 8 years of relevant experience
Strong analytical, communication and interpersonal skills
High learning agility and adaptability
Able to multi-task and deliver results under tight timelines
Meticulous, organised and resourceful
Strong supervisory and mentorship skills
Proficient in MS Office applications
Knowledge of SAP system and Tableau will be advantageous
The above eligibility criteria are not exhaustive. A*STAR may include additional selection criteria based on its prevailing recruitment policies. These policies may be amended from time to time without notice. We regret that only shortlisted candidates will be notified.
Type of Employment : Full-Time
Minimum Experience : 8 Years
Work Location : Fusionopolis