Manager/Assistant Manager, Financial Reporting

Key Responsibilities:

1. Financial Reporting & Audit

• Lead monthly and year-end closing processes prepare monthly, quarterly, and annual financial reports.

• Review journal entries and general ledger accounts, ensuring integrity of postings for staff costs and restricted funds.

• Prepare financial reports and variance analyses for service groups, departments, and the Society as a whole.

• Compile and present board-level reporting packs, including reserve movements, financial commentary, and supporting analyses.

• Prepare statutory financial statements in compliance with FRS.

• Prepare financial audit certifications for funding agencies (full-set with notes) and review certifications prepared by executives (single FS without notes).

• Draft accounting papers for complex or new transactions or accounting treatments.

• Coordinate external audits: planning, tracking, issue resolution, and audit certifications.

• Ensure timely and accurate regulatory submissions (Charity Portal, NCSS, IRAS, funding agencies).

• Maintain Finance SOPs for reporting, closing, and audit processes.

• Monitor and report on reserves ratio, unrestricted vs restricted fund balances, and compliance with reserve policies.

• Maintain general ledger structure (chart of accounts, cost centres, fund codes, programme codes).

• Review annual or quarterly surveys for relevant agencies.

2. Staff Cost Allocation

• Maintain and manage monthly staff cost and benefits allocation model across programmes and funds.

• Review payroll journals, allocation assumptions, and provisions for staff benefits and bonuses.

• Collaborate with HR to ensure accuracy of payroll data and headcount movements.

• Maintain documentation for allocation methodology and validate assumptions annually (e.g., % split by centre and programme).

3. Support Cost Apportionment

• Manage and compute periodic apportionment of support function costs (Finance, HR, IT, Communications, Facilities) and shared premises costs.

• Incorporate support cost allocations into financial reports.

4. Bank Operations & Reconciliations

• Review monthly bank reconciliations.

• Liaise with bank relationship managers for day-to-day operations (statement retrievals, user access, standing instructions, signatory updates).

• Assist with account opening/closing, KYC submissions, and audit/banking queries.

• Review user access for bank portals.

5. Any other duties or responsibilities assigned by the Supervisor.

Requirements:

Degree in Accountancy or relevant accounting qualification, preferably a Chartered Accountant.

• At least 5 years of relevant experience in financial reporting and audit.

• Strong knowledge of FRS and regulatory compliance for charities/non-profits.

• Proficient in ERP systems and MS Excel.

• Excellent analytical, problem-solving, and stakeholder management skills.

• Ability to lead processes and manage multiple priorities independently.

• Open to job rotation within Finance in 1-2 years to gain exposure across key functions.