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Senior Assistant Director / Assistant Director, S&T Financial Control

Careers@Gov
Agency: Ministry of Home Affairs
Job no.: 532105
Work type: Permanent/Contract
Location: Singapore
Categories:Accounting, Audit, Finance

We work as a team, in partnership with the community, to make Singapore our safe and secure Best Home.

The Ministry of Home Affairs (MHA) aspires to be a world-class organisation in delivering safety and security for our people. In pursuing our mission to make Singapore our Safe and Secure Best Home, we remain always constant and true to our core values of Honour and Unity. 

JOB PURPOSE

The SAD or AD (Financial Control) is the lead to ensure fiscal and fiduciary responsibilities of S&T Management and the Board through putting in place a robust governance framework and maintaining accounting systems, policies and procedures. Reporting to the Finance Director, the staff is also the technical accounting and tax expert and advises the Board and Management on key accounting and tax decisions. The staff is also responsible for preparing, presenting and adopting of the annual financial statements to the Board, including addressing any management reviews by the external auditors.

JOB SCOPE 

  • Putting in place and maintaining robust accounting systems and frameworks, and compliance with corporate governance.
  • Putting in place a governance structure such as setting financial policies such as reserves policies, financial authorisations and approving limits, spending policies such as overseas travel caps and entertainment expenses and asset capitalisation.
  • Preparing, analysing and reporting monthly and annual audited financial statements to the Audit Committee and Board; address any management review points by the appointed external auditors.
  • Strategising and projecting cash flow requirements, redeploying cash from S&T’s various accounts and ensuring sufficient cash in bank accounts to pay staff/vendors.
  • Managing and accounting for S&T’s taxes, working with IRAS on any tax issues, monitoring the GST accounts and performing the quarterly GST submissions.
  • Putting in place accounting processes to allow for smooth closing of the monthly and yearly accounts that are in compliance with financial regulations and accounting standards (SB-FRS).
  • Performs monthly and yearly closing of the S&T accounts.
  • Setting up and maintaining the S&T finance system used for corporate reporting and accounting.

JOB REQUIREMENT

  • Tertiary Qualification with membership with a professional accounting body, such as the Institute of Singapore Chartered Accountants (ISCA).
  • At least 6 years in a relevant role. 
  • Good accounting knowledge, especially of Statutory Board Financial Reporting Standards (SB-FRS) and Government IMs. These are core skills required to ensure compliance of the Agency’s financial statements with accounting standards, and timely closing of accounts to the Board and Parliament. Policies and processes put in place will then have to support the accurate and timely preparation of the financial statements.
  • Experience in leading teams in fast paced environment to delivery results.
  • Good interpersonal skills and ability to understand Senior Management’s concerns and address them.

All new appointees will be appointed on a two-year contract in the first instance.

We wish to inform that only shortlisted candidates will be notified within 30 days upon closing of the advertisement.

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