Finance Control Manager (Oil Trading Industry)

Faststream Recruitment Ltd
Published
November 12, 2020
Location
Singapore, Singapore
Category
Job Type

Description

Faststream is partnering with an international oil trading house to recruit a Finance Control Manager to join their Singapore office.

The Role

Finance

  • Develop financial planning, funding, and budgeting policies, standard, and guidelines for the company to ensure standardization of finance-related work
  • Manage and control over company loan to manage long-term liability as well as ensure compliance with loan agreement conditions
  • Manage and control over financial plan development and execution for the company to ensure alignment with the company's direction and accomplishment of a financial plan
  • Manage and control over capital structure in order to timely achieve target capital structure at the lowest cost
  • Manage and control over fund raising activities in order to obtain low cost and the right amount of fund in a timely manner
  • Manage and control over financing activities in order to ensure the efficiency of international trade activities/transactions

Treasury

  • Develop credit policies to be guidelines for appropriate credit management
  • Manage and control credit management, financial liquidity management, and financial risk management to ensure compliance with financial policies and standards
  • Manage and control trade credit management and negotiating with commercial banks in terms of the credit limit, fees, agreement to ensure appropriateness and sufficiency of credit line e.g. Letter of Credit, Standby Letter of Credit and Bank Guarantee
  • Manage and control risk related to the credit line to ensure effectiveness in credit management
  • Manage short term and medium-term investment management to gain optimal profits and ensure optimal cash and liquidity of the company
  • Manage and control over payment, receipt, and transfer of money to ensure the accuracy of transaction in a timely manner
  • Manage and control the financial risk of the company e.g. foreign exchange, interest rate and conduct hedging activities when needed in order to enhance financial stability

Accounting & Tax

  • Manage policy, guideline, standard, and plan development of Managerial Accounting and Financial Accounting functions to ensure alignment across functions and alignment to business direction
  • Supervise, provide advice/recommendation, and make decision-related to managerial and financial accounting to ensure functions' goals and targeted accomplishment and corporate optimal benefit
  • Oversee and control Managerial Accounting and Financial Accounting to ensure accuracy, transparency, efficiency and effectiveness of key tasks
  • Manage and development of consolidated financial statements for the company in order to ensure alignment with accounting standard and policy
  • Manage and control over tax planning and management in order to ensure compliance with policy, laws and regulations related to tax
  • Manage and control over performing all tax payments, reimbursements, and tax reporting in order to ensure accuracy, efficiency and compliance with law and regulations

The Requirements

  • MBA or Master's degree in Finance or Accounting, or equivalent qualification
  • Minimum 10 to 15 years of relevant experience, preferably in the Oil and Gas industry
  • Extensive knowledge of finance, accounting, budgeting, cost control and cash management
  • Experience of being a part of Senior Management and interacting with the Board
  • Ability to interpret, communicate and present financial information in a clear and concise manner

Please send you CV to Chloe Han at chloe.han@faststream.com

Apply
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