Senior Executive, Finance (6 months contract)

The National Kidney Foundation (NKF) is dedicated to promoting kidney health and providing quality, highly subsidised dialysis treatment and holistic care to patients.  NKF strives to be an advocate and integrator for the community, by the community. While supporting kidney failure patients with quality dialysis treatment and integrated care, NKF’s greater mission lies in preventing or delaying kidney failure through kidney health education, with deeper integration into the community and strategic collaborative partnerships. As NKF moves towards its Future Forward 2030 vision, the Foundation remains committed to pioneering advancements in kidney health and patient care. Key goals include tackling the growing prevalence of kidney failure, enhancing patient support and care, and leveraging innovative technologies to improve quality and efficacy of treatment, enabling patients to thrive on dialysis.  With a steadfast focus on these initiatives, NKF aims to be at the forefront of kidney health in Singapore. We are seeking a dynamic and experienced Senior Executive, Finance to join the Finance & Risk team on a 6 months (renewable) contract.  Reporting to the HOD of Finance & Risk Management, you will support the Foundation’s delivery of healthcare service focusing on the accounting, reporting and management of various asset modules incl. Fixed Assets, Inventory, Leases and ILTC Subvention Submission. Your responsibilities are as follows:  1.      Management of Fixed Assets, Inventory and Leases • Create and monitor a system of controls, procedures, forms and schedules. • Maintain and manage the physical inventory and fixed asset management. Tag and conduct periodic physical counts of fixed assets and inventory and assist in audits and coordination with auditors. • Review for appropriate authorisation and record fixed asset/inventory acquisitions, movements and disposals. • Track the compilation of project costs into work-in-progress and close out those accounts once the related projects have been completed. • Calculate depreciation for all fixed assets. • Review and analyse the fixed assets/inventory valuation, accumulated depreciation, and investigate the potential obsolescence of fixed assets and inventory in their life cycle. • Conduct periodic impairment reviews for various assets. • In charge of month-end and FYE closing of fixed asset/inventory modules, and reconcile the balance in the fixed asset/inventory subsidiary ledger to the summary-level account in the general ledger. • Perform review, analysis and reporting on the various asset modules, including monthly cashflow projection, monthly/quarterly update on budget utilisation, audit schedules, etc. • Assist in inventory and fixed assets verification exercises. 2.     Leases Management • Oversee accounting and reporting for leases in accordance with applicable accounting standards. • Track and update the relevant information of the leased assets (both premises and equipment), and manage leases accounting (ROU and Lease Liabilities). • Perform periodic reconciliation of lease balances and resolve discrepancies. • Coordinate with internal stakeholders (e.g. Admin, Procurement, Operations) to obtain timely and complete lease information. • Monitor lease expiry dates and support management in renewal or exit decisions. • Prepare schedules and disclosures for financial statements and audits. • Liaise with auditors on lease-related matters and provide supporting documentation. • Eusre compliance with internal policies and regulatory requirements relating to lease arrangements. 3. Budgeting Exercise • Participate in annual budget exercise including reviewing and consolidating Capex budget submission, computing projected/budget depreciation amount, preparing budget narrative/ analysis for Capex/depreciation budget. • Coordinate the annual budgeting process across departments, including timelines, templates, and assumptions. 4. ILTC Subvention Submission • Assist in monthly ILTC subvention upload and troubleshooting. • Quarterly validation, reconciliation and submission including rental, EPFand manual, MIC, etc. • Assist in yearly AAR exercise. • Participate in new MOH Subvention system implementation 5. Ad Hoc duties • Involve in Finance process review and improvement • Handle enquiries from vendors, auditors, other departments • Perform any other duties assigned by RO and HOD Qualifications • Degree or equivalent in Accountancy or Business related discipline • Experience • Exceeding 2 years of Accounting/Finance experience. Prior experience in asset/inventory management preferred • Prior experience using Oracle, SAP applications preferred