Finance Business Partner, HFDI at HF Group

Principle Accountabilities

Financial Planning & Analysis

• Work closely with business leaders to develop strategic plans and initiatives.
• Assess the financial viability of proposed projects or investments, evaluate potential risks, and provide recommendations to support strategic decision-making.
• Prepare budgets, forecasts, and variance analysis to help management understand financial trends and make informed decisions.
• Performance Monitoring: track key performance indicators (KPIs) and financial metrics to monitor business performance. Identify areas of improvement or concern and collaborate with stakeholders to implement corrective actions or capitalize on opportunities.
• Act as a bridge between finance and business functions, providing financial expertise and support to help HFDI achieve its goals.
• Support business with strategic business initiatives like REIT structures and reporting

Management Reporting

• Ensure end of month processes and procedures are adhered to and period close done as per the policy
• Ensure efficient and effective accruals for costs yet to be booked by the last day of each month
• Prepare the management reports
• Ensure that the TBs are reliable
• Investigate system anomalies and work with system teams and vendor to resolve system issues
• Ensure end of year processes and procedures are adhered to and year close done as per the policy
• Performing monthly comparative statistical analyses of financial numbers, following up on unusual variances with business teams, and preparing highlights of the major variations

Financial Reporting

• Prepare the financial reports to senior management and the board.
• Prepare the audited financial reports for the property business, joint ventures and support with the consolidated financials
• Provide guidance on accounting requirement (IFRS) like revenue recognition and consolidations
•  Facilitate cross-functional learning programs on new accounting, reporting requirements

Tax Accounting & Planning

• Co-ordinate with the Group Tax Unit to have monthly tax computations done
• Ensure tax numbers (eg tax recoverable, deferred tax etc) reported is validated against tax computations and iTax ledgers.
• Work closely with the Group Tax Unit to identify tax planning opportunities

Coordination of internal and external audits

• Ensure audit schedules requested by the auditors are timely provided.
• Articulate management judgement to external and internal auditors on reporting standards, regulatory guidelines and internal controls
• Ensure audit queries are handled and where necessary escalations done.
• Assist to close finance related matters raised by external auditors.

Credit control

• Oversee sales collection & reconciliations
• Provide guidance on and enforce approved credit periods for policyholders and employers

Principal Outputs for this role

• Monthly management reports
•  Quarterly publications
•  Internal and external audit liaison

Key Competencies and Skills

• Advanced Ms Excel proficiency
• Good understanding of IFRS 15
• Good financial controls skills
• Excellent analytical skills
• Ability to meet stringent deadlines
• Good negotiation and interpersonal skills
• Experience in external audit for property companies and banks will be an added advantage
• Prior user experience in SAP will be an added advantage

Minimum Qualifications, Knowledge and Experience

• Degree in business related field
• CPA(K)
• Registered member of the ICPAK

Experience and Competencies

•  At least 6 – 8 years’ experience in financial reporting (of which at least 4 must have been in property business and at least 2 preferably in banking financial reporting)