Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They must take ownership of various projects and delegate them to their staff. They follow up with their staff regarding project progress. They must ensure that all projects meet established deadlines. They must conduct performance evaluations in a timely manner and provide timely feedback to their staff. They must have prior management or supervisory experience in the same industry. They must have strong leadership and interpersonal skills. They must have excellent oral and written communication skills. They must be able to build strong teamwork. They must be comfortable making presentations and leading various staff meetings. They must have a bachelor’s degree in finance, management, accounting, business administration, or other relevant fields. Some employers prefer that candidates have CPA certifications and/or MBAs. They must have strong analytical skills. They must be familiar with Microsoft Office suite and their organization's computer system. They must have a high degree of proficiency in working with various financial applications and reporting tools.

The role of a Finance Manager in Singapore is projected to grow significantly in the market due to the country's strong financial sector. According to a 10-year analysis, the demand for finance managers is expected to increase steadily, driven by the need for financial expertise in various industries. With Singapore being a global financial hub and a favorable business environment, employment opportunities for finance managers are expected to be ample. This growth is supported by recent data from Google, highlighting an upward trend in job postings and an increasing number of companies seeking finance professionals for their operations in Singapore.

How to Learn

As a Finance Manager with 9+ years of experience in Singapore, your main responsibilities include:<ul><li> Oversee financial operations, including budgeting, forecasting, and financial analysis, to ensure optimal financial performance and risk management.</li><li> Develop and implement financial policies, procedures, and internal controls to maintain compliance with regulatory requirements and enhance operational efficiency.</li><li> Provide strategic financial advice and recommendations to senior management, supporting decision-making processes and driving business growth.</li><li> Lead and mentor a team of finance professionals, fostering a collaborative and high-performing work environment while ensuring accurate and timely financial reporting.</li></ul>

Roles & Responsibilities

Average take home Salary for a Finance Manager in Singapore is around $65132 per year

Salary Breakup

Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They must take ownership of various projects and delegate them to their staff. They follow up with their staff regarding project progress.

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Finance Manager

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