Group Finance Manager

Nanyang Institute of Management (NIM) is a premier education provider established in 2001, dedicated to nurturing students with a student-centric culture and a commitment to academic and teaching excellence. NIM is seeking a Group Finance Manager to join its team and contribute to its mission of "Nurturing Today for Tomorrow."

Position: Group Finance Manager

Role Overview:

The Group Finance Manager will report directly to the President and play a pivotal role in strategic financial planning, accurate and timely financial reporting, and driving initiatives to enhance cost efficiency and operational performance.

Key Responsibilities:

• Lead and manage the finance team in daily operations, including accounts payable & receivable, payroll, and financial reporting.
• Develop and monitor annual budgets in alignment with the institution's strategic goals.
• Prepare monthly, quarterly, and annual financial statements, ensuring accuracy and timely reporting to management.
• Conduct financial analysis to support the planning of future academic programs and initiatives.
• Implement and monitor financial policies, procedures, and internal controls.
• Collaborate with heads of departments to forecast and optimise resources.
• Ensure compliance with financial regulations, statutory requirements, and reporting standards.
• Manage cash flow and optimise financial operations to support the institution's growth.
• Review monthly payroll and perform bank submissions for staff and adjunct lecturers.
• Oversee and manage all tax-related matters, including GST reporting and filing, corporate tax compliance, and liaison with external tax advisors and regulatory authorities.
• Ensure timely submission of all statutory filings and regulatory requirements, including annual returns, surveys, and other compliance obligations with relevant government agencies.
• Coordinate and support internal and external audits, ensuring compliance with audit requirements and recommendations.
• Monitor changes in accounting standards, tax regulations, and statutory requirements, and implement necessary updates to ensure ongoing compliance.
• Perform any other duties as assigned.

Requirements:

• Bachelor or Master's degree in Finance, Accounting, or related field.
• Professional certifications such as CPA (Certified Public Accountant) or CA (Chartered Accountant).
• Minimum 5 years of progressive financial management experience, preferably within an international private education setting.
• Comprehensive knowledge of Singapore's financial regulations and accounting standards.
• Strong business acumen, financial analysis, forecasting, and budgeting skills.
• Excellent communication skills and the ability to work collaboratively across teams.
• Proficiency in Microsoft Excel is required.
• Proficiency in Xero/Quickbook online is an advantage.