The posting
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



