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Longbridge Group

Head of Finance

Treasury +1Confirmed live in the last 24 hours
Full-timeSingaporeNo salary listed

About the Job

Requirements

  • A degree in Accounting, Finance, or a related field is required.
  • A Chartered Accountant of Singapore (ISCA), ACCA, CPA, or equivalent professional qualification is required.
  • At least 10 years of relevant experience, including at least 3 years leading a finance or regulatory reporting team.
  • Prior experience as the head of finance accountable to the regulator at a licensed financial institution.
  • Hands-on experience preparing and signing off MAS financial returns for a CMS licensee, and working knowledge of the SFA, the Financial and Margin Requirements Regulations, and client money and asset rules.
  • Strong command of SFRS(I) and IFRS, with experience in Group consolidation and multi-entity reporting.
  • Experience dealing with MAS inspections and external auditors, and sound judgement on escalation and disclosure.
  • Practical understanding of brokerage economics, including commission and fee revenue, client margin and financing, clearing and settlement flows, and foreign exchange.
  • Strong Excel and financial systems skills.
  • Ability to move between strategic discussions and detailed review in a fast-paced, entrepreneurial environment.

Responsibilities

  • Own month-end and year-end close for the Singapore entity, including accruals, intercompany items, account and broker/bank reconciliations, and review of the profit and loss statement and balance sheet, delivering accurate results in line with the Group reporting timetable.
  • Prepare statutory financial statements under SFRS(I) and coordinate ACRA filings with the company secretary; support Group consolidation and reporting packs under Group accounting policies.
  • Design, document, and continuously improve internal controls and standard operating procedures across record-to-report, procure-to-pay, and client-asset processes; drive automation of reconciliations and reporting.
  • Lead all MAS financial regulatory reporting for the entity as a CMS licensee.
  • Monitor financial resources, total risk requirement, and aggregate indebtedness at required daily-to-monthly frequencies; maintain early-warning thresholds, escalate promptly, and manage capital planning, dividend, and capital-injection proposals with Group.
  • Own the finance side of client money and client asset protection, including trust account reconciliations, segregation, and reporting under the Securities and Futures (Licensing and Conduct of Business) Regulations, working with Client Funds Operations and Compliance.
  • Serve as the accountable head of the finance function and named finance contact for MAS; handle MAS inspections, queries, thematic reviews, and regulatory notifications on financial matters.
  • Support new licence and licence-scope applications in Singapore, including financial projections, capital and financial resources planning, and finance-related submissions to MAS.
  • Manage house liquidity, bank relationships, foreign exchange exposure, and funding lines; oversee daily cash and margin movements with clearing brokers, custodians, and counterparties, and set the finance controls around them.
  • Support the entity's role as the execution and clearing hub for other Group entities, including intercompany funding, fee settlement, and reconciliation.
  • Work with the Group Tax team on corporate income tax, GST, and withholding tax filings with IRAS, transfer-pricing documentation for intragroup service and platform-fee arrangements, and related compliance; provide local data and review, and coordinate with tax agents to comply with Singapore tax regulations and reporting requirements.
  • Manage the external audit and MAS-required audit procedures end to end.
  • Lead the Singapore annual budget and rolling forecast; own monthly management reporting, unit economics, and variance analysis for brokerage and wealth management lines, and translate findings into actions with the Singapore leadership team.
  • Provide finance input on new products, pricing, incentive schemes, and vendor contracts, including accounting, regulatory-capital, and tax consequences before launch.
  • Build, coach, and retain a high-performing finance team; set clear ownership and cross-training to ensure regulatory and close activities are covered, and plan for succession.
  • Partner with Group Finance on shared systems, policies, and the finance roadmap, and represent Singapore in Group finance initiatives.

Desired Qualifications

  • Big Four audit background combined with in-house experience at a MAS-regulated CMS licensee, such as a broker-dealer, product-financing, or custody business.
  • Experience with ERP implementation or finance-automation projects.
  • Mandarin for day-to-day coordination with Group functions and stakeholders in Hong Kong and Mainland China.

About the Company

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