Senior Vice President (SVP), Finance

Senior vice presidents (SVP) of finance are responsible for the general direction of a company's finances in relation to its mission statement. Tasks in this position may include task coordination, employee motivation, objective clarification, and hiring and supervising employees, and they are expected to work closely with other senior executives within the company.

Finance SVPs must monitor the organization's financial standing by keeping a close eye on regular operations, investments, and business transactions. They must also maintain an in-depth understanding of the firm's financial statements and domestic budget. They are also responsible for drafting and issuing financial reports, which are in turn given to the company's investors, regulators and stakeholders. As such, they must conduct periodic audits of the firm's financial operations to ensure that the recorded figures are verifiable and accurate.

A bachelor's degree in business is often a minimum requirement for this position, and many employers require a higher degree in a business or financial field. Senior vice presidents of finance spend most of their shifts inside an office, attending numerous meetings, and overseeing the firm's development, and must be able to work under pressure to meet strict deadlines in their work.

As a Senior Vice President SVP, Finance with 6-9 years of experience in Singapore, your primary responsibilities include:

• Oversee financial operations and ensure compliance with local regulations while optimizing the company's financial performance. Monitor and manage financial activities, ensuring adherence to regulatory requirements and enhancing financial outcomes.
• Develop and implement financial strategies to drive growth, improve profitability, and maximize shareholder value. Create and execute financial plans and strategies to promote growth, increase profitability, and deliver value to shareholders.
• Lead financial planning, forecasting, and budgeting processes, providing accurate analysis and insights for strategic decision-making. Take charge of financial planning activities, including budgeting, forecasting, and analysis, to facilitate informed decision-making.
• Manage and mentor a finance team, fostering a culture of high performance, collaboration, and continuous improvement.

For a Senior Vice President (SVP), Finance job role, the following qualifications are required:

• Extensive experience in financial management and strategic planning, preferably in a leadership role.
• Strong knowledge of financial regulations, accounting principles, and tax laws to ensure compliance and mitigate risks.
• Excellent financial analysis and forecasting skills to identify trends, analyze data, and provide strategic insights to drive business growth.
• Proven ability to develop and implement financial strategies, establish financial goals, and manage budgets to achieve organizational objectives.

The role of Senior Vice President SVP, Finance is a crucial one, demanding 6-9 years of experience in Singapore's finance industry. If you're looking for alternative roles to explore, here are following options to consider:

• Senior Accountant: This role entails more extensive responsibilities, such as financial reporting and regulatory compliance.
• Treasury Manager: As a Treasury Manager, you would focus on managing cash and liquidity requirements, including forecasting, risk management, and investment activities.
• Procurement Manager: This role involves managing supplier relationships, negotiating contracts, and overseeing purchasing processes.
• Financial Analyst: As a Financial Analyst, your main focus would be on monitoring financial performance, developing forecasts, and providing insights to support strategic decision-making.

The Senior Vice President (SVP), Finance role in Singapore is expected to witness steady growth in the market. According to a 10-year analysis, this job role is projected to experience increased demand. The evolving financial landscape and continued globalization are contributing factors for the growth in this position. With Singapore being a major financial hub, the SVP, Finance role is anticipated to offer numerous employment opportunities in the future.