Provide support to tender management unit in analysing financial statements of SDP's vendors, conducting financial risk assessments and providing insights and recommendations to support decision making processes.
Analyse and evaluate data to monitor financial performance and capacity of vendors, identifying opportunities for cost savings based on competition force among vendors.
Job Responsibilities Finance
Responsible for conducting comprehensive financial assessments of SDP's vendors to evaluate their financial health, performance and viability, which includes but not limited, to the following procedures:
Review of audited and latest available management accounts
Assessment of going concerns through review of profitability and liquidity position by reference to past P&L, cash flow, facilities available.
Review of receivables and payables aging
Identifying and addressing potential red flags through discussions with vendors' finance teams
Assist hender of tenders to respond to risk management inquiries in relation to vendors' financials whenever necessary
Process Improvement
Improve financial data collection process from vendors
Review and enhance financial assessment criteria and scoring on an ongoing basis
Analytics
Analyse and evaluate data to monitor financial performance and capacity of vendors, identifying opportunities for cost savings based on competition force among vendors.
People and communication
Coaching and guide tender management unit in all financial matters relating to the tenders.
(including knowledge sharing)
Group Finance
Attend to financial queries from members of Tender Committees.
Review management papers and other financial documents relating to the tenders.
Involve in meeting organised by Group Finance to discuss and provide insights on the financial findings.
Job Responsibilities (Con't) Special Project
Involvement/ Participate in special project(s) spearheaded by C&C (relevant to financial e.g. SST)
Attend to any adhoc tasks assigned by CPCO
Education/ Professional Qualification
Degree in Accounting or equivalent
Professional membership in ACCA, CIMA, MICPA, ICAEW, CPA or equivalent (preferred but not compulsory)
Professional Experience
At least 6-8 years relevant working experience in finance function involved in preparation and/or review of financial statements and management accounts
Experience in construction industry 3 years working experience in audit