COMPANY DESCRIPTION
The Community Foundation of Singapore (CFS) is a trusted philanthropy partner that helps individuals, families, and businesses give effectively. As Singapore's leading provider of Donor-Advised Funds (DAFs), CFS works with donors, charities, and partners to address diverse community needs through strategic grantmaking and advisory services. Our work is grounded in strong governance and a focus on outcomes, ensuring philanthropy is thoughtful, accountable, and impactful.
For more information, visit www.cf.org.sg
RESPONSIBILITIES
Job Overview
The incumbent plays a vital role in supporting the financial integrity of the organization, with a key focus on fund accounting, internal controls, and audit readiness. This role ensures accurate, complete, and compliant financial reporting aligned with donor restrictions, legal requirements, and best practices in non-profit accounting.
Key Responsibilities
Fund Accounting and Reporting
- Ensure accuracy and completeness in applying fund accounting principles across all financial processes
- Facilitate the monthly financial close by coordinating with outsourced accounting service provider
- Provide relevant information such as accrual listings, investment statements, payroll information and other schedules required to accurately close the books
- Ensure correctness of cash and investment balances and management accounts are prepared timely, accurately, and in compliance with FRS
- Liaise with external auditors and coordinate with outsourced accounting service provider to ensure completeness and accuracy of audit deliverables
- Ensure accurate regulatory filings, including reporting of tax deductions to IRAS and utilisation of government grants
Financial Operations and Stakeholder Engagement
- Support budgeting and forecasting activities as well as variance analysis across internal departments
- Liaise with internal departments on finance matters including programme and grant-related expenses
- Provide finance support for cross-functional projects including UAT testing and system enhancements
- Assist in onboarding and guiding junior team members as needed
Procurement & Internal Controls
- Monitor procurement transactions for compliance with internal policies
- Coordinate with internal auditors during scheduled reviews, walkthroughs, or control testing
- Participate in improvement initiatives for finance SOPs and system workflows
Strategic Finance & Continuous Improvement
- Support the Assistant Director in financial planning and strategic initiatives
- Identify opportunities for process improvements and automation within finance operations
- Contribute to the development and refinement of finance policies and procedures
QUALIFICATIONS- Degree in Accounting, Finance, or equivalent professional qualification (e.g. ACCA, CPA)
- Minimum 5 years of relevant experience, preferably in the nonprofit, education, or public service sector
- Good knowledge of FRS and charity regulations, and financial controls
- Proficient in Excel, PowerPoint and accounting systems, preferably Oracle Netsuite
- Detail-oriented, self-motivated, and able to manage multiple priorities
- Effective communicator with a collaborative and purpose-driven mindset
OTHER INFORMATIONWe regret that only shortlisted candidates will be notified.
Please note that your application will be sent to and reviewed by the direct employer - The Community Foundation of Singapore