For our clients that require senior careful monitoring and management of cash flow & operations, SGA’s “My Financial Controller” service provides financial leadership and is instrumental in forming accounting strategies.

A senior leader from our firm will take on the responsibilities of being your company’s financial controller will be responsible for establishing and executing internal controls over the company’s accounting and financial procedures.

Scope Of Work For Financial Controller Services

Your FC will ensure that all accounting allocations are appropriately made and documented, and here are some of the tasks they commonly perform:

• Cash Flow Management: Overseeing cash flow operations, managing working capital, and ensuring adequate liquidity for day-to-day operations.
• External Party Coordination: Take the pressure off the CEO and management team by leading the relationship with external tax accountants, auditors and other subject matter experts.
• Contracts & Agreements: Reviewing all financial contracts, financing agreements, insurance policies and other important documents with financial impact.
• Financial Reporting: Preparing and ensuring the accuracy of financial reports, including balance sheets, income statements, and cash flow statements.
• Day-to-Day Accounting Oversight: Supervising and managing accounting operations, including general ledger, accounts payable, and accounts receivable.
• Internal Controls & Compliance: Establishing and maintaining robust internal controls to safeguard company assets and ensure regulatory compliance.
• Audit Preparation & Coordination: Preparing for and coordinating internal and external audits, ensuring compliance with regulatory requirements.
• Compliance with Singapore Financial Reporting Standards (SFRS): Ensuring that all financial reporting is in accordance with SFRS and relevant regulatory guidelines.
• Payroll & Employee Compensation: Managing payroll, CPF contributions, and employee-related financial matters.
• ERP Systems & Automation: Implementing and managing accounting and financial software systems, improving automation and accuracy in financial processes.

Key Responsibilities For Your Financial Controller

• Accurate Financial Reporting: Ensuring timely and accurate preparation of financial reports for internal use and external compliance.
• Operational Oversight: Managing the day-to-day financial operations, including overseeing the accounting team, and ensuring proper financial controls.
• Internal Controls & Compliance: Implementing and maintaining strong internal controls and ensuring all financial activities are compliant with Singapore’s regulatory framework.
• Cash Flow & Working Capital Management: Maintaining healthy cash flow and ensuring working capital is optimized to support business operations.
• Audit Coordination: Coordinating both internal and external audits, ensuring that all audit-related documents and processes are accurate and compliant.
• General Ledger Accuracy: Ensuring that all financial transactions are recorded accurately and properly reconciled.