Finance Director (Marine Service Provider)

Role Overview
The CFO is a strategic finance leader responsible for safeguarding cash flow, enhancing profitability, managing financial risks, and supporting senior management in business decision-making—particularly within a marine or maritime environment.

Key Responsibilities

Financial Leadership & Governance

• Lead the finance and accounting function and ensure accurate monthly reporting

• Strengthen internal controls, approval frameworks, and governance standards

• Oversee GST, tax compliance, and corporate regulatory requirements

• Liaise with auditors, tax agents, and banking partners

Cash Flow & Working Capital (Critical)

• Manage weekly and monthly cash flow forecasting

• Improve accounts receivable collections and optimize accounts payable terms

• Plan cash requirements for projects and service operations

Budgeting & Cost Management

• Prepare annual budgets and rolling forecasts

• Monitor cost variances (e.g., overtime, travel, subcontracting, spares)

• Drive cost-optimization initiatives without disrupting operations

Pricing, Margin & Profitability

• Analyze profitability by project, service contract, and customer

• Support tender pricing and commercial decision-making

• Review manpower utilization and overtime impact on margins

Strategic Business Support

• Act as key finance partner to the CEO/Managing Director

• Evaluate new investments and business opportunities

• Perform scenario planning and capital expenditure analysis

Risk Management & Insurance

• Identify financial and contractual risks

• Oversee insurance coverage and risk mitigation strategies

HR & Compensation (Indirect Support)

• Provide financial input on manpower planning and compensation structures

Competency Framework

• Financial leadership and governance

• Cash flow and working capital management

• Strong commercial and business acumen

• Budgeting, forecasting, and cost control

• Strategic thinking and decision support

• Risk management and compliance

• Leadership and stakeholder management

• Systems and process improvement mindset

Requirements

• Minimum 10–15 years of progressive finance leadership experience within marine, maritime, or related industries

• At least 5 years in a senior finance leadership role (CFO / Finance Director preferred)

• Strong knowledge of Singapore financial regulations, tax, and corporate governance

• Singapore Citizen or Permanent Resident

• Willing to travel regionally when required