Assistant Finance Manager

Company Profile:

Lee Yin was established in Singapore in 1975, and has since grown into a leading regional apparel manufacturer and exporter. Lee Yin manufactures a wide range of apparel, such as fleece, T-shirts, sweaters, knit/woven garments, and knitted accessories. Lee Yin exports to customers throughout the world, including to leading brands like H&
M, GAP, s.Oliver, GU, Carters &
Desigual. As a deeply-experienced and progressive company, Lee Yin continues to streamline and develop its capabilities, which now include digital printing for fabrics and finished garments. Lee Yin strives towards sustainable growth and business, including making forward-looking investment in human resources, technology and renewable energy. Lee Yin is a member of the Textile and Fashion Federation (Singapore) and part of its Executive Committee.

Lee Yin also operates a retail division under the Coldwear brand, focusing primarily on winter wear apparel and travel accessories. Coldwear currently operates multiple stores in Singapore and Indonesia, as well as an eCommerce channel. It has evolved from a traditional winter wear company into a one-stop lifestyle concept retailer, providing travel wear for all seasons. For more details, http:
//www.Coldwear.Com.Sg/company-profile-95.Html.

Role Description:

The Assistant Finance Manager will be based in Singapore and report to the Finance Manager. He/ she needs to lead and guide senior accounting executive, analyse financial activities and assists the Finance Manager in the implementation of internal controls and other ad hoc projects.

Responsibilities:

Finance Operations:

- Supervise daily finance operations and provide guidance to the group accountant to ensure prompt and accurate accounting record-keeping.

- Monitor and control periodic account closing procedures, including monthly audit schedules, intercompany/related company reconciliations, and bank reconciliations.

- Oversee external and internal audits, tax reporting, and compliance with other statutory requirements.

Financial Planning and Analysis (FP&
A):

- Assist in preparing financial reporting packs, rolling forecasts, and annual budget exercises, including reviewing and preparing budget reporting packs.

- Perform commercial analysis to support forecasts and ongoing business performance across all business units.

- Collaborate with stakeholders on key cost drivers and develop robust financial models to support business case assessments.

Cashflow &
Working Capital Management (Treasury):

- Develop and maintain accurate cashflow forecasts to ensure adequate liquidity for day-to-day operations and strategic initiatives.

- Identify and mitigate risks associated with cashflow fluctuations, currency exchange rates, interest rates, and market volatility. Develop strategies to protect the company's financial position and ensure compliance with regulatory requirements.

- Continuously evaluate and enhance cashflow and working capital management processes to streamline operations, reduce costs, and improve efficiency.

Specifications/Requirements (Education, Experience, Skills):

• Possess minimum qualification of bachelor’s degree in Accounting, Finance or related field.
  
• Demonstration of key finance competencies and qualifications with at least 5 years of experience.
  
• Ability to take initiative, guide and influence others towards goal accomplishment.
  
• Strong interpersonal, communication and presentation skills.
  
• A solid understanding of financial statistics and accounting principles.
  
• Able to manage, guide and lead employees to ensure appropriate financial processes are being used.
  
• Proficient user of finance software.