Melvin Foo Email & Phone Number

Singapore

• Analysing Financials
• Conducting monthly closing reconciliations of accounts to ensure accurate expense recording and resolve discrepancies.
• Monitoring actual financial performance against the budget to identify variances and anomalies.
• Delivering quarterly updates to departments and management on variance analysis, emphasizing significant discrepancies.Budgeting
• Collaborate with stakeholders and management to develop a comprehensive budget aligned with organizational objectives and operational needs.
• Communicate the budget plan to relevant stakeholders, providing detailed budget requirements and variance analysis during budget reviews.

Singapore

• Analysing Financials
• Conduct monthly/quarterly variance analysis reviews on Capex spending with respective business partners to identify significant variances and determine their root causes.
• Prepare reports on planned budget and trend variances for management review.Budgeting
• Preparing quarterly budgets to enhance the accuracy of the Capex forecast and multi-year cashflow spending.
• Incorporating various scenarios guided by management to align with organizational objectives.
• Communicating and sharing the budget plan with different regions to ensure alignment in forecast preparation methodologies.Costing

Singapore

• Financial Management
• Conduct monthly and quarterly variance analyses on revenue and expenditure in collaboration with respective business partners.
• Assist in financial planning, forecasting, and annual budgeting processes, providing strategic insights for management decision-making.
• Manage grant disbursements to ensure adequate funding availability for operational requirements.
• Lead periodic reviews with the management team to assess financial performance and address any areas of concern.
• Coordinate with external auditors for year-end audits and preparation of financial statements, ensuring compliance with regulatory requirements.

Singapore

• Budget Management
• Oversees the operating budget function, ensuring alignment with organizational objectives and financial targets.
• Conducting comprehensive annual budgeting, mid-year reviews, and long-term financial forecasting exercises to facilitate strategic planning and resource allocation.
• Analysing financial trends and variances across fiscal periods, furnishing actionable insights to support informed management decision-making.
• Providing expert guidance on cash flow management and forecasting strategies to ensure the availability of adequate budgets for fulfilling business obligations.
• Preparation and presentation of annual budget proposals and reports for management approval, adhering to established timelines and regulatory standards.

Singapore

• Supervising the engagement of external auditors to conduct Agreed-Upon Procedures (SSRS 4400) audits, ensuring thorough and compliant examination of financial processes.
• Reviewing Agreed-Upon Procedures drafted by auditors, meticulously identifying any omitted steps and discrepancies, and providing comprehensive feedback for remediation.
• Upholding adherence to compliance requirements stipulated in contracts and internal policies throughout the Agreed-Upon Procedures process, ensuring procedural integrity and regulatory alignment.
• Conducting in-depth analysis of financial statements prepared by both auditors and clients, meticulously identifying, and reporting any irregularities or suspicious activities to relevant stakeholders.

Singapore

• Preparation of comprehensive full-set Financial Statements, ensuring accuracy, completeness, and compliance with relevant regulatory standards and guidelines.
• Oversight of client adherence to internal policies, processes, and Singapore Financial Reporting Standards (SFRS), fostering a culture of regulatory compliance and financial transparency.
• Thorough review and validation of external financial statements, meticulously verifying records and documentation to ensure accuracy and regulatory compliance.
• Execution of special audits or projects, such as Agreed-Upon Procedures engagements, as needed, leveraging specialized expertise to address specific client requirements or financial challenges.

Singapore

Singapore