[What the role is]
We are inviting applications for the position of Manager/Senior Manager to administer and oversee the Future Energy Fund (FEF), established by the Government to support infrastructure investments for Singapore energy transition towards a net-zero future.
The person will play a key role in administering the fund which includes fund allocation and disbursement, reporting and liaising with stakeholders on investments in renewable/efficient energy, decarbonisation, and sustainability initiatives.
Key Responsibilities
- Fund Administration and Budgeting
- Administer the fund to support FEF approved projects and programs.
- Manage disbursement and monitor utilisation of the fund in accordance to established policies and procedures.
- Prepare and maintain the documentation, including records of fund disbursement, project status and outcomes.
- Coordinate with stakeholders and compile the project budget requirements, utilisation and project status for near-term and medium-term basis.
- Liaise with internal and external stakeholders in monitoring the end-to-end fund application process, including project variation and termination.
- Ensure compliance with statutory regulations, funding terms, and organisational guidelines.
- Reporting and Accountability
- Prepare detailed financial reports and disclosures, progress reports and presentations for internal and external stakeholders, including but not limited to fund
disbursements, utilisations, and balances.
- Ensure accounting records are recorded and maintained correctly and timely.
- Perform bank and accounting reconciliations timely and discrepancies to be rectified promptly.
- Key liaison for internal and external audits - coordinating with various departments to ensure auditors information requests and replies to audit queries are provided timely.
- Ensure compliance with financial accounting standards and regulatory requirements.
- Stakeholder Management
- Collaborate with internal departments, external agencies/ministries and recipients to ensure effective fund utilisation.
- Provide guidance and support to stakeholders/applicants on fund policies, eligibility criteria, and documentation requirements.
- Address queries and resolve issues relating to fund disbursements promptly.
- Policy Review and Process Optimisation
- Perform policy review in consultation with relevant government agencies/ministries and stakeholders.
- Review the fund administration processes to identify areas to streamline and improve operational and administrative efficiency.
- Explore, lead and implement automation solutions such as digital tools and platforms to enhance efficiency in routine accounting and administrative tasks.
- Any other duties as assigned from time to time.
Requirements
- Education
- Background in Accounting, Finance, Business Administration or equivalent.
- Experience
- At least 3-5 years of experience in fund administration, project financing, or grant management, preferably in the energy sector, statutory board, government agency, or non-profit organisation.
- A change champion with a focus on leveraging digital tools to streamline processes and implement dashboarding solutions will be advantageous.
- Familiarity with energy transition strategies, decarbonization technologies, and net[1]zero frameworks will be advantageous.
- Skills and Competencies
- Strong knowledge of fund administration, grant disbursement processes, and financial management principles and controls.
- Excellent organisational, analytical, and problem-solving skills.
- Proficient in review of financial modelling, cost-benefit analysis, and impact assessment.
- Excellent verbal/written communications and collaboration skills for engaging diverse stakeholders, including government agencies, non-governmental organisations, and private companies.
- Proficient in Microsoft Office and financial management software.
- Personal Attributes
- Detail-oriented with an analytical mindset.
- Resilient, adaptable and able to handle and deliver several projects simultaneously with tight timelines.
- Ability to work independently and as part of a team in a fast-paced environment.
- Passionate to drive and lead streamlining processes.
- Passion for sustainability and driving impactful change in the energy sector.
- Strong commitment to public service and achieving organisational goals
[What you will be working on]
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[What we are looking for]
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