Requisition ID: 2442

Senior Manager, Charities

Job Summary

The purpose of the Accounts Payable team is to ensure an effective management of Accounts Payable across the Club. The job holder leads and directs the Accounts Payable team in achieving its functional objectives. He/she should execute an effective framework to ensure that the Club's Accounts Payable are properly accounted in compliance with the accounting standards; and support the Club in safeguarding its assets in Accounts Payable. It is also the responsibility of the job holder to train and retain talent so as to build a capable team. The job holder should provide functional expertise, knowledge transfer and management of the Accounts Payable function, measured by the effectiveness, engagement and credibility of the team. The job holder should support and contribute his/her functional expertise to deliver solution for financial process improvement, simplification and automation for Accounts Payable function in order to build the culture of continuous improvement.

Major Tasks

Lead and manage the Accounts Payable, Accounts Receivable, and Capex functions to ensure timely and accurate financial operations, including process improvement and adherence to accounting standards.

Manage daily operations effectively and efficiently, including supervision, administration, and ad hoc assignments.
Oversee the Club's monthly processes for Accounts Payable, Accounts Receivable, and Capex, including monthly payment reconciliation, month-end, and year-end closing.
Prepare balance sheet reconciliations and participate in balance sheet review presentations to the Executive Director of Finance.
Liaise with various departments, inter-companies, and external customers to handle any ad hoc projects or queries related to Accounts Payable, Accounts Receivable, and Capex.
Prepare management reports related to Accounts Payable, Accounts Receivable, and Capex to drive operational efficiency through process improvement.
Lead process review exercises to identify root causes of problems, perform data analysis, and develop and execute action plans with key stakeholders.
Deliver solutions for financial process re-engineering across finance teams, focusing on efficiency, standardization, simplification, and automation while establishing best practices in end-to-end finance processes.
Articulate business requirements to IT support partners for automation opportunities, acting as a super-user to ensure cost-effectiveness.
Educate and encourage users to adopt innovations that enhance operational efficiency and benefit the Club.

Support the annual review of Finance Policy related to Accounts Payable, Accounts Receivable, and Capex.
Regularly review operational processes upon any changes in the business environment to ensure proper control points are executed.
Strengthen the Club's procedures for Accounts Payable, Accounts Receivable, and Capex to support new business initiatives and daily operations in accordance with accounting standards.
Establish proper internal control procedures and act as the person in charge of internal and external audit exercises, supporting an efficient year-end audit and tax reporting process.
Maintain effective control environments for Accounts Payable, Accounts Receivable, and Capex while minimizing bad debts.
Address internal auditor reviews and be accountable for improvement actions, if any.

Support upstream systems implementation by participating in User Acceptance Testing (UAT).

Establish and maintain effective internal controls and compliance measures while supporting audits and financial reviews to minimize risk and ensure operational efficiency.
Select, develop, and retain talent within the Accounts Receivable team, fostering a culture of knowledge transfer, engagement, and high performance.

Education

A university degree in business administration or related discipline.

Qualifications

Experience

At least 10 years of professional experience in the finance/accounting industry with in-depth knowledge of accounting.
Effective communication skills with various stakeholders from diverse backgrounds.
Functional expertise of (Accounts Payable/ Accounts Receivable/ Capex) accounting with operational experience