Manager/Senior Manager - Future Energy Fund

We are inviting applications for the position of Manager/Senior Manager [5-year contract] to administer and oversee the Future Energy Fund (“FEF”), established by the Government to support infrastructure investments for Singapore energy transition towards a net-zero future.

The person will play a key role in administering the fund which includes fund allocation and disbursement, reporting and liaising with stakeholders on investments in renewable/efficient energy, decarbonisation, and sustainability initiatives.

Responsibilities:

1. Fund Administration and Budgeting

• Administer the fund to support FEF approved projects and programs.
• Manage disbursement and monitor utilisation of the fund in accordance to established policies and procedures.
• Prepare and maintain the documentation, including records of fund disbursement, project status and outcomes.
• Coordinate with stakeholders and compile the project budget requirements, utilisation and project status for near-term and medium-term basis.
• Liaise with internal and external stakeholders in monitoring the end-to-end fund application process, including project variation and termination.
• Ensure compliance with statutory regulations, funding terms, and organisational guidelines.

2. Reporting and Accountability

• Prepare detailed financial reports and disclosures, progress reports and presentations for internal and external stakeholders, including but not limited to fund disbursements, utilisations, and balances.
• Ensure accounting records are recorded and maintained correctly and timely.
• Perform bank and accounting reconciliations timely and discrepancies to be rectified promptly.

• Key liaison for internal and external audits - coordinating with various departments to ensure auditors’ information requests and replies to audit queries are provided timely.
• Ensure compliance with financial accounting standards and regulatory requirements.

3. Stakeholder Management

• Collaborate with internal departments, external agencies/ministries and recipients to ensure effective fund utilisation.
• Provide guidance and support to stakeholders/applicants on fund policies, eligibility criteria, and documentation requirements.
• Address queries and resolve issues relating to fund disbursements promptly.

4. Policy Review and Process Optimisation

• Perform policy review in consultation with relevant government agencies/ministries and stakeholders.
• Review the fund administration processes to identify areas to streamline and improve operational and administrative efficiency.
• Explore, lead and implement automation solutions such as digital tools and platforms to enhance efficiency in routine accounting and administrative tasks.

5. Any other duties as assigned from time to time.

Requirements:

1. Education

Education in Accounting, Finance, Business Administration or equivalent.

2. Experience

• At least 3-5 years of experience in fund administration, project financing, or grant management, preferably in the energy sector, statutory board, government agency, or non-profit organisation.
• A change champion with a focus on leveraging digital tools to streamline processes and implement dashboarding solutions will be advantageous.
• Familiarity with energy transition strategies, decarbonization technologies, and net-zero frameworks will be advantageous.

3. Skills and Competencies

• Strong knowledge of fund administration, grant disbursement processes, and financial management principles and controls.
• Excellent organisational, analytical, and problem-solving skills.
• Proficient in review of financial modelling, cost-benefit analysis, and impact assessment.
• Excellent verbal/written communications and collaboration skills for engaging diverse stakeholders, including government agencies, non-governmental organisations, and private companies.
• Proficient in Microsoft Office and financial management software.

4. Personal Attributes

• Detail-oriented with an analytical mindset.
• Resilient, adaptable and able to handle and deliver several projects simultaneously with tight timelines.
• Ability to work independently and as part of a team in a fast-paced environment.
• Passionate to drive and lead streamlining processes.
• Passion for sustainability and driving impactful change in the energy sector.
• Strong commitment to public service and achieving organisational goals.