As Senior Manager/Manager/Assistant Manager, Financial Reporting of the Communicable Diseases Agency Planning Office (CDA PO) set up by the Ministry of Health (MOH), you will support Deputy Head, Finance Services and Financial Reporting in the setting up and management of the finance function of the Communicable Diseases Agency (CDA).
The CDA is a new government agency that is being established by the Ministry of Health (MOH) to oversee Singapore’s communicable disease preparedness, prevention and control, surveillance, risk assessment and outbreak response. The CDA PO’s role is to plan and execute the setup of the CDA, which will consolidate and build on the public health functions under MOH, the National Centre for Infectious Diseases, and the Health Promotion Board.
You will be working in a fast-paced and highly volatile environment that will require you to manage multiple stakeholders and priorities concurrently for a smooth transition to the CDA.
You will play a key role in the Finance team of the CDA PO. Your key responsibilities include, but not limited to the following:
Senior Manager/Manager/Assistant Manager, Financial Reporting (CDA)
Ministry of Health
Permanent/Contract
Closing on 30 Dec 2024
What the role is
What you will be working on
Responsibilities in setting up CDA:
• Assess and determine an appropriate model to manage CDA’s finance processes pertaining to key finance functions e.g. accounts payable, accounts receivable, financial reporting, tax reporting and asset management and work with key stakeholders to onboard CDA to the identified model
• Work with key stakeholders to set up CDA’s financial system and ensure it is operationally ready when CDA is formed
• Set up frameworks, processes, templates and approving authorities for key finance functions, including accounts payable, accounts receivables (fees and charges), asset management, tax reporting and financial reporting (month-end and year-end), that are aligned with the Finance Government Instruction Manuals and Statutory Board Financial Reporting Standards
• Ensure proper governance in the transfer of assets and other balance sheet items from the relevant agencies to CDA (if required) upon its formation
• Put in place the external audit process for CDA’s financial statements, including appointing CDA’s statutory auditor
Responsibilities after CDA is formed:
• Prepare / review monthly closing activities accurately and in a timely manner to facilitate the preparation of financial reports for internal and external stakeholders in compliance with Government Instruction Manuals and standard operating procedures.
• Ensure that transactions are properly recorded to align with reporting needs, and are in accordance to Statutory Board Financial Reporting Standards
• Review monthly schedules prepared after month end and year-end closing
• Prepare management reports including income and expenditure statement and balance sheet, as well as performing variance analysis and data analytics
• Prepare annual financial statements for external audit
• Prepare any required returns to Department of Statistics or Accountant-General’s Department, and ensure that the submissions are accurate
• Conduct analysis of financial performance, identify anomalies and potential risks, and provide recommendations for improvement.
• Liaise with internal and external stakeholders on financial reporting and audit related matters
• Be involved in the process of statutory and internal audits including follow-up on appropriate corrective and/or preventive actions
• Perform the role of Finance Business Partner for CDA Divisions, acting as point of contact for their finance queries and needs on budget and finance processes, and review budget submissions.
• Identify areas to leverage on technology and develop capabilities to improve work processes and insights for financial analysis.
What we are looking for
Job requirements:
• Tertiary qualification in Accountancy and/or is a Chartered Accountant/Certified Public Accountant
• At least 2 years of experience in managing key finance functions and preparation of full set of accounts, including group accounts, of statutory boards or private sector companies as well as managing the external audit process is preferred.
• Familiar with prevailing Statutory Board Financial Reporting Standards, Finance Government Instruction Manuals as well as best practices in financial governance and control
• Strong analytical, critical thinking and problem-solving skills
• Committed with good working attitude and resilience to produce the desired results
• Effective stakeholder management, communication and interpersonal skills to co-create solutions
• Good team player and meticulous with numbers
• Independent and self-driven with the ability to multi-task in a dynamic and fast-paced environment and perform under pressure and tight timelines
• Prior experience in Workday will be an added advantage
Successful candidate will be offered a 2-year contract in the first instance.
About Ministry of Health
The Ministry of Health’s (MOH) vision is to champion a healthy nation with our people – to live well, live long and with peace of mind. As an open country constantly exposed to an interconnected world, Singapore faces complex issues in public healthcare. MOH constantly grapples with new challenges brought on by an increasingly globalised world, a rapidly ageing population and rising expectations. MOH’s responses to these challenges include preventing and managing the outbreak of diseases such as SARS and Influenza A (H1N1), designing a healthcare system that delivers care in an integrated and effective manner, growing the capacity and capabilities within the sector, and managing healthcare inflation.
As an MOH officer, you will be involved in formulating and implementing policies that guide Singapore’s healthcare ecosystem. You will work alongside a team with varied skills and backgrounds, but with the common goals of (i) promoting good health and reducing illnesses; (ii) ensuring that Singaporeans have access to good and affordable healthcare; and (iii) pursuing medical excellence. Your work will have far-reaching impact on the health and lives of Singaporeans.