Industry
Food & Beverage
Customer Profile
Aston Food & Beverage Specialties Private Limited is a leading homegrown food and beverage group based in Singapore. A client of Ascentium since 2014, the company operates more than 40 outlets across 10 distinct brands and employs approximately 200 people
Market(s) Ascentium Supports
Singapore
Ascentium Services
Accounting & Finance
Customer Since
2014
Ascentium Singapore gave us the finance leadership and stability we needed during a critical transition. Their team was responsive, reliable, and helped us strengthen our reporting, processes, and overall finance operations.
Ng Li Li
Co-Owner
Aston Food & Beverage Specialties Private Limited
Client Challenge
As the business expanded, the company faced difficulties retaining a dedicated Head of Finance and Finance Manager to provide consistent oversight of its finance operations, creating a critical leadership and capability gap within the finance function. Without experienced finance leadership, the company lacked reliable cash flow reports, updated standard operating procedures and timely financial information for management meetings. These gaps reduced management visibility, weakened financial controls, and made it harder to make informed decisions while supporting the operational needs of a growing food and beverage group.
Our Solution
We helped the client launch a targeted search for a Head of Finance and a Finance Manager, while overseeing finance operations for 10 months during the transition to provide cover and continuity in the interim period. Alongside this, we redeveloped the existing SOPs for key finance workstreams.
Client Benefits & Advantages
Astons gained stable finance leadership through the transition, along with improved cash flow visibility and control and more accurate, timely management reporting. Clearer SOPs across key finance processes reduced operational disruption and business risk, leaving the group with stronger finance capability to support future growth.
