Deputy Director, Finance HQ-RDF (I&E and ACCL)
Salary undisclosed
Checking job availability...
Original
Simplified
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 Senior Assistant Director, Senior Managers/Managers and Associates on the management and administration of research development funds (RDF) for A*STAR.
Overview
Lead and supervise the HQ-RDF (I&E and ACCL) Finance Team to handle the full set of accounts including the consolidation of Accelerate (ACCL) Group accounts, as well as budgets and operations of RDF including the review of fund requisitions and final statement of accounts for entities under Innovation & Enterprise (I&E)
Act as effective business partners to management and key stakeholders (includes I&E Group and National Platform Co-ordinating Office (NPCO)) in providing holistic financial insights/advice from both grantor and grantee perspectives to achieve business objectives.
Partner with key stakeholders in the set-up of finance operations for new companies, or set up of new processes to support new activities, and/or resolve ground issues
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.
Implement new ERP system and drive digitalisation initiatives to achieve operational efficiency and optimize resource allocation and utilisation.
Review processes for compliance with relevant A*STAR policies, procedures and guidance notes
Liaise with Internal Auditors/External Auditors/Banks/etc
Financial and Management Reporting
Prepare and/or review the monthly management accounts and present financial performance at monthly management meetings
Responsible for closing of month-end accounts as well as year-end accounts and statutory audit, and filing of statutory returns
Ensure the timely preparation and submission of internal and external stakeholders reporting including presentation slides
Ensure filing of corporate tax, GST returns and withholding tax returns.
Grant Management & Compliance
Ensure compliance with grants? terms and conditions when processing grantees? fund requests (FRs) and final statement of accounts (FSOAs)
Monitor for timely submission of grantees? FRs and FSOAs
Track verification status of grantees? FRs and FSOA for timely fund disbursements to grantees
Ensure timely completion of grantees? FSOA to meet ultimate grantors? cashflow deadlines
Monitor for timely submission of A*STAR?s FRs and FSOA to ultimate grantors
Ensure timely receipt of funds from ultimate grantors
Budget and Operations
Handle pertinent issues, particularly recurring ones, on budget and finance related operations
Ensure timely reporting of monthly budget utilisation status to Divisions
Manage the annual budgeting exercise and mid-year budget review on 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 5-year RIE tranche budget exercise including preparation of data, liaising with divisions and preparing budget submission through Planning unit
Internal Controls & Audit Management
Review and update of financial policies, procedures and guidance notes, and 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 Initiatives/Projects
Drive or involve in Whole-of-A*STAR initiatives/projects
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 10 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
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 : 10 Years
Work Location : Fusionopolis
The appointed Deputy Director will supervise a team comprising Senior Assistant Director, Senior Managers/Managers and Associates on the management and administration of research development funds (RDF) for A*STAR.
Overview
Lead and supervise the HQ-RDF (I&E and ACCL) Finance Team to handle the full set of accounts including the consolidation of Accelerate (ACCL) Group accounts, as well as budgets and operations of RDF including the review of fund requisitions and final statement of accounts for entities under Innovation & Enterprise (I&E)
Act as effective business partners to management and key stakeholders (includes I&E Group and National Platform Co-ordinating Office (NPCO)) in providing holistic financial insights/advice from both grantor and grantee perspectives to achieve business objectives.
Partner with key stakeholders in the set-up of finance operations for new companies, or set up of new processes to support new activities, and/or resolve ground issues
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.
Implement new ERP system and drive digitalisation initiatives to achieve operational efficiency and optimize resource allocation and utilisation.
Review processes for compliance with relevant A*STAR policies, procedures and guidance notes
Liaise with Internal Auditors/External Auditors/Banks/etc
Financial and Management Reporting
Prepare and/or review the monthly management accounts and present financial performance at monthly management meetings
Responsible for closing of month-end accounts as well as year-end accounts and statutory audit, and filing of statutory returns
Ensure the timely preparation and submission of internal and external stakeholders reporting including presentation slides
Ensure filing of corporate tax, GST returns and withholding tax returns.
Grant Management & Compliance
Ensure compliance with grants? terms and conditions when processing grantees? fund requests (FRs) and final statement of accounts (FSOAs)
Monitor for timely submission of grantees? FRs and FSOAs
Track verification status of grantees? FRs and FSOA for timely fund disbursements to grantees
Ensure timely completion of grantees? FSOA to meet ultimate grantors? cashflow deadlines
Monitor for timely submission of A*STAR?s FRs and FSOA to ultimate grantors
Ensure timely receipt of funds from ultimate grantors
Budget and Operations
Handle pertinent issues, particularly recurring ones, on budget and finance related operations
Ensure timely reporting of monthly budget utilisation status to Divisions
Manage the annual budgeting exercise and mid-year budget review on 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 5-year RIE tranche budget exercise including preparation of data, liaising with divisions and preparing budget submission through Planning unit
Internal Controls & Audit Management
Review and update of financial policies, procedures and guidance notes, and 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 Initiatives/Projects
Drive or involve in Whole-of-A*STAR initiatives/projects
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 10 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
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 : 10 Years
Work Location : Fusionopolis