Senior Finance Operations & Compliance Manager

Operation Governance & Compliance

• Develop, implement, and maintain governance frameworks, policies, and procedures in line with SAFCo’s Board-approved standards and the CAAS’s requirements.

• Ensure compliance with all relevant laws, regulations, and funding agreement obligations, including data protection, cybersecurity, and business continuity requirements.

• Oversee the adoption and periodic review of the SAFCo HR and Finance manuals, ensuring formal approval by Board resolution.

• Establish internal control frameworks to prevent fraud, financial misstatements, and operational risks.

• Monitor financial regulatory changes and proactively update policies to maintain compliance.

• Provide compliance training and awareness programs for staff.

Financial Management & Reporting

• Prepare and submit annual budgets, quarterly budget utilisation reports, and financial statements in accordance with CAAS requirements and prescribed templates.

• Monitor and report on operating expenditures, ensuring all costs are incurred in line with approved budgets, corporate policies, and governance frameworks.

• Maintain accurate and complete accounting records for all SAFCo transactions, including SAF levy collections, SAF/EA procurement, and allocation.

• Ensure timely submission of all required financial and operational reports.

• Develop financial forecasting models to support strategic planning and SAF procurement decisions.

• Implement cost-control measures and identify opportunities for efficiency improvements.

• Oversee treasury and cash flow management to ensure liquidity for SAFCo operations.

Audit & Assurance

• Coordinate and support annual independent audits of SAFCo’s operations and financial records, including audits of appointed levy collection partners.

• Ensure audit scope covers verification of SAF levy amounts collected, compliance with collection procedures, and contractual obligations.

• Submit audit reports to CAAS within stipulated timelines and promptly address any material findings or irregularities, including proposing and monitoring remedial actions.

• Maintain complete and accurate records for at least five years post-qualifying period, in accordance with generally accepted accounting practices.

• Develop and execute internal audit plans to assess operational and financial controls.

• Track and report remediation progress for audit findings to the Board and CAAS.

Operational Oversight

• Establish and maintain robust systems for levy collection, procurement, accounting, and EA management, ensuring operational readiness within agreed timelines.

• Oversee the management and reconciliation of SAF levy collections, SAF/EA procurement, and EA allocations, ensuring transparency, traceability, and compliance with industry standards.

• Monitor and report on the status of outstanding SAF levy amounts, recovery actions, and risks of non-recovery.

• Implement process automation and digital tools to improve operational efficiency.

• Ensure integration of financial systems with SAFCo’s operational platforms for real-time reporting.

Risk Management

• Establish and maintain a compliance function to assess the adequacy and effectiveness of internal controls, risk management, and governance processes.

• Ensure business continuity plans are maintained and tested annually.

• Develop and maintain a risk register, identifying financial, operational, and compliance risks with mitigation strategies.

• Conduct periodic risk assessments and scenario planning to ensure resilience.

• Experience: 8–12 years in finance operations, financial control, governance, audit, and compliance roles, with a proven track record in developing and implementing governance frameworks, compliance programs, and risk management systems.

• Expertise: Strong knowledge of financial control and management, accounting principles, and regulatory compliance. Professional accounting qualification preferred. In-depth understanding of Singapore financial regulations, public sector funding, audit practices, including ESG reporting requirements and development.

• Skills: Strong project management, stakeholder engagement, workflow design and development capability, operational discipline, documentation capabilities and analytical skills.

• Mindset: Detail-oriented, proactive, and comfortable working in a fast-paced startup environment.

• Collaboration: Able to work cross-functionally with procurement and operation with SAFCO, with legal, finance and internal audits within CAAS and with wider aviation ecosystem partners.