Manager/Senior Manager, Finance Startup Specialist Squad

Company description:

Changi Airport Group (CAG) is the manager of Singapore Changi Airport, a leading air hub in Asia and one of the world’s most awarded airports. As airport manager, CAG performs the key functions of airport operations, air hub development, retail and commercial activities, infrastructure development and airport emergency services. CAG also manages Seletar Airport, and through its subsidiary, Changi Airports International, it takes Changi’s presence beyond Singapore’s shores through consultancy projects and investments in foreign airports. Come join us today!

Job description:

As part of Changi Airport Group’s (CAG) dream to innovate, create an airport of the future and grow our business, CAG has various startups, ventures and initiatives (collectively simplified as ‘startups’) to facilitate and develop deep innovation capabilities to deliver the next generation customer experience and grow both our traditional and new revenues.

We are seeking an experienced and dynamic Finance professional who desires to play a pivotal role in driving the initial set-up phases of the finance function within CAG’s startups. This is no ordinary finance position – you will partner closely with the executive team or project leads of our startups to provide a finance ‘one stop shop’ service, handling all financial matters while being supported by Group Finance.

Your role and responsibilities

In providing the finance ‘one stop shop’ service to the various startups, your responsibilities which may vary depending on the stage which the startups are in, include

1. Establishing finance foundation, financial operations, internal control, reporting and compliance
   • Understand key accounting (e.g. revenue recognition) and tax (e.g. corporate tax, GST and withholding tax) requirements and treatments.
   • Create data structure and chart of accounts to facilitate financial performance analysis.
   • Set up finance policies, processes and internal controls (e.g. procurement, delegation of authority etc).
   • During initial phases, you may be required to cover some or all aspects of financial operations (e.g. accounting, accounts receivable/payable, payroll, bank reconciliations), compliance requirements (e.g. audits, tax, GST) and reporting requirements until ready to hand over to a dedicated finance operations team or shared service.
   • Identify opportunities for cost optimisation and efficiencies across CAG’s multiple startups.
   • Advise management on right-sizing of finance department for sustainable financial operations.

1. Financial strategy, planning and analysis
   • Collaborate with the executive team to develop budgets, forecasts and cashflow projections aligned with the startup goals and enterprise objectives.
   • Providing financial performance and analysis, including performance monitoring.
   • Provide decision-making support from the financial perspective.
   • Identify growth opportunities and risk mitigation strategies.

Your profile

• Bachelor’s degree in Accountancy, Finance or related field with at least 7 to 8 years of prior experience in setting up new finance department or processes. Experience across a wide spectrum of finops and/or in a startup environment is an advantage.
• Sound knowledge of relevant financial, tax, internal controls and financial best practices.
• Strong business acumen and keen analytical skills to understand / interpret financial information and identify key drivers and issues underpinning the numbers.
• Comfortable with ambiguity and works well in a fast-paced startup ecosystem.
• Good communication and presentation skills
• Willing and able to be hands-on, especially during the initial set-up phase.