Associate Director (Finance)

Temasek Foundation (TF) supports a diverse range of programmes that connect people, uplift communities, protect our planet, and advance capabilities in Singapore, Asia and beyond. TF's programmes, made possible through philanthropic endowments gifted by Temasek, strive to achieve positive outcomes for individuals and communities now, and for generations to come.

RESPONSIBILITIES

Reporting to Head (Corporate Development) and Director (Finance), the Associate Director (Finance) has the following responsibilities:

Catalytic Capital

• Engage in programme design to assess affordability, financial sustainability, funding structures and delivery risks, and advise on the use of philanthropic capital in catalytic financing structures, including recoverable grants and guarantees.
• Identify and develop catalytic capital opportunities with programme teams, including opportunities for collaboration and co-financing.
• Support opportunities in sourcing, assessment, financial analysis, due diligence and structuring, applying appropriate financial, risk and governance frameworks.
• Prepare recommendations, approval papers and proposed funding conditions for senior management.
• Coordinate and maintain TF's catalytic capital portfolio, including tracking the pipeline, commitments, deployment, financial performance, risks, impact monitoring and other relevant portfolio information.
• Build networks and develop insights from TF's catalytic capital portfolio to strengthen organisational knowledge and capability.

Portfolio Management

• Support the development, and lead the management and monitoring, of programme budgets across gifted endowments, including allocation, utilisation and forward projections.
• Manage cash-flow projections, including run rates, to ensure deployment remains aligned with plans.
• Serve as the finance business partner to Impact Teams, including providing advice on budget utilisation, adherence to financial policies, variations, regulatory compliance and other programme-related financial matters.
• Provide portfolio-level analysis and insights to support decisions on the allocation and deployment of philanthropic capital.
• Strengthen financial planning, monitoring and reporting processes, including system enhancements, to improve visibility over TF's philanthropic capital deployment.

REQUIREMENTS

• Degree in Accountancy, Finance, Economics or a related discipline.
• At least 10 years of relevant experience in finance, financial planning and analysis, investment, corporate finance, impact investing, development finance or a related field.
• Experience in the field of blended finance, catalytic capital, investment analysis, due diligence or financial structuring.
• Strong financial and analytical capabilities, including experience in budgeting, forecasting, financial modelling and analysis.
• Strong business and commercial acumen, with the ability to understand financial issues in the context of broader programme and organisational objectives.
• Strong business-partnering and stakeholder-management skills, with the confidence to provide advice and constructive challenge to internal stakeholders.
• Ability to analyse unfamiliar or complex issues, exercise sound judgement and develop practical solutions.
• Strong written and verbal communication skills, with the ability to synthesise financial and other information into clear insights and recommendations.
• Self-motivated, intellectually curious and comfortable working across both established financial processes and emerging areas of work.
• Prior experience in philanthropy, impact investing practices, development finance, sustainable finance or the broader social-impact sector would be an advantage.