Job Description

COMPANY DESCRIPTION
With a capacity of around 400 beds, Peacehaven Nursing Home provides compassionate, individualized, holistic care to all without discrimination. We offer a comprehensive gamut of services to care for the sick, frail and elderly who have physical or mental disabilities with minimal or no appropriate caregiver support at home. The Home has 14 separate Resident Living Areas (RLAs), each designed as an individual home-like environment. Hope RLA is specially designed to meet the needs of relatively independent residents with dementia. Peacehaven Nursing Home has also been awarded the bizSAFE level 3 status which affirms our commitment to safety and health standards at the workplace. The Salvation Army, Singapore - Peacehaven Nursing Home
DESIGNATION : Finance Manager (PHNNH)

RESPONSIBILITIES
About the Job The Finance Manager will assist senior management in making critical business decisions by analysing and presenting key financial data; and will lead the Accounts Department supporting Peacehaven Nursing Home and its day centres.
Responsibilities Management Accounting

• Prepare management reports with written narratives to support analysis and findings
• Perform financial modelling process to analyse proposals on financial and non-financial return
• Prepare annual, operating and capital budgets
• Analyse variance between budget and actual result, and provide variance explanations
• Analyse trends, possible improvements, areas of risks, financing and any key issues relating to the business; and provide recommendations for improvements
• Formulate the organisation\xe2\x80\x99s cash management solutions
• Support proposed improvement by providing analysis of operational efficiency
• Monitor risks that could threaten liquidity of the organisation and risk management control
• Liaise with external auditors for statutory audits
• Review and assess audit findings from the auditors, and ensure all exceptions and issues are addressed accurately
• Provide feedback and recommendation to management regarding utilisation of financial data.
• Identify process of internal control systems to ensure compliance
• Develop internal control system and review financial policies and standard operating procedures to ensure compliance with policies of The Salvation Army, Peacehaven Nursing Home and all statutory requirements.
• Review the completeness of the financial accounts and cost accounting
• Ensure compliance with charities accounting principles, GST and statutory legislations

Operations of Accounts Function

• Provide leadership and supervision to the Accounts Department to ensure smooth accounting operations.

• Assist the Executive Director, or appointed liaison, and the Social Work department to recommend and review fee structures in accordance with Salvation Army and governmental policy
• Manage and report data for all government funding including MOH Recurrent Funding, Medifund, IDAPE, Eldershield, etc.
• Manage and maintain list of PA residents and regularly notify Executive Director of burden of costs related to such admissions and advise bad debts write-off
• Prepare and submit financial and statistical reports for all government subventions
• Timely submission of funding documents
• Establish internal controls for purchasing

QUALIFICATIONS

• Degree in Accountancy, ACCA or equivalent
• Certified Public Accountant (CPA)
• At least 10 years of experience as a staff accountant or equivalent
• Proven working experience in management accounting
• Prefer CMA certification or MBA
• Good knowledge of Oracle systems and experience in the healthcare industry will be an added advantage
• Good interpersonal, analytical, and problem-solving skills
• Meticulous and adept in working under pressure and tight timelines

Competencies

• Organisation
• Communication
• Project Management
• Service Delivery
• Adaptability
• Interpersonal
• Multi-Task

OTHER INFORMATION
Work Hours 8.30am to 5.45pm, 5 day work week
Work Location Centre: Peacehaven Nursing Home Address: 9 Upper Changi Road North, Singapore 507706