[What the role is]
We are seeking an Assistant Manager/Manager to join the Business Partnership Branch of the Finance Department, whose role will primarily focus on corporate finance and financial planning & analysis.
[What you will be working on]
The key responsibilities are as outlined below:
- Pre-establishment of new entities Partner with stakeholders to conduct financial feasibility studies to determine optimal financing solutions. This includes:
- Analyse cost of capital, leverage ratios, and risk-return profiles
- Recommend optimal debt-equity financing mix for new entity
- Identify and assess suitable funding sources (commercial debt, equity financing, government grants)
- Lead negotiations on the terms of financing
- Coordinate legal documentation for funding agreements and shareholder arrangements
- Post-establishment of new entities Collaborate with stakeholders on the following key financial functions:
- Financial planning and budgeting: develop and manage budgets, forecasts, and strategic financial plans to optimise resource allocation and track performance against targets
- Accounting and financial reporting: maintain financial records, prepare periodic statements, and ensure compliance with International Financial Reporting Standards
- Treasury management: optimise cash flow, working capital, and banking relationships to ensure liquidity and financial stability
- Financing: negotiate financing terms to support business objectives
- Tax and reporting compliance: ensure timely filing of tax returns and reporting
- Risk and governance: establish financial controls, audit processes, and governance frameworks to manage risk and comply with regulatory requirements
- Financial planning, analysis and grant management Manage Ministry of Trade and Industry (MTI) grant funding, ensuring its effective allocation and the proper discharge of fiscal responsibilities:
- Budgeting and forecasting: Partner with stakeholders to develop, consolidate, and submit annual budget requirements and multi-year projections to MTI
- Cash flow management: Prepare and analyse cash flow projections for submission to MTI timely to support fiscal planning
- Performance monitoring and analysis: Monitor grant utilisation rates, conduct deep-dive variance analysis and work with stakeholders to provide insightful explanations and recommendations
- Cash optimisation: Proactively forecast short-term cash flow needs and identify surplus funds for early declaration to MTI for strategic re-deployment
- Compliance and reporting: Ensure all financial reporting to MTI is accurate, timely, and compliant
- Grant governance: Champion the development/finetuning of grant management policies and a robust internal control framework to mitigate risk.
- Audit and compliance: Act as the primary liaison for all MTI grant-related audits and ensure adherence to all terms and conditions
- Performance reporting: Measure and report on grant effectiveness and outcomes, prepare dashboards and briefs to senior management
- Undertake any other ad-hoc duties or projects as assigned
[What we are looking for]
Requirements:
- Education
- Degree in Accounting, Finance, Economics, Mathematics or equivalent
- Experience
- 3 to 5 years of relevant accounting, financial planning and analysis, corporate finance, financial modelling, debt financing and entity set-up, preferably in the energy sector
- Skills and Competencies
- Proficient in review of financial modelling, cost-benefit analysis, and impact assessment
- Detail-oriented, analytical and adept at dissecting and resolving complex issues
- Collaborative and effective communicator for engaging diverse stakeholders, including government agencies, non-governmental organisations, and private companies
- Personal Attributes
- Ability to work independently and as part of a team in a fast-paced environment
- Driven, resilient, and able to deliver multiple projects under tight timelines
- Strong commitment to public service and achieving organisational goals
