Finance & Accounting Manager (Banking)

RECRUIT AVENUE PTE. LTD.
Singapore
Financial Accounting & Reporting (Accounting)
Full time
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Posted 1d ago

RESPONSIBILITIES:

Financial Analysis

  • Prepare/review/analyse the Financial Management Reports

Daily/ Weekly

  • Review and approve daily rates uploaded in FCC.
  • Review Nostro Reconciliation, and ensure promptly follow-up action to resolve un-reconciling items via emails to respective stakeholders

Monthly

  • Reviewer of MB17 information and review the reasonableness of individual / collective impairment loss and upload the allocation of impairment loss by BU entries to SAP.
  • Reviewer of all journal entries posted by the department.
  • Preparer of CPM File - Loans, Deposits and upload of internal pricing entries to SAP by 2nd business day
  • Prepare Financial Performance for Management and FICON on monthly and quarterly basis as required by Business
  • Preparer of M-O-M variances of Financial Performance by the stipulated timeline
  • To assist to prepare the monthly Branch Meeting slides and commentaries
  • Assist to prepare and track the Business Units performance versus the Budget/Plan, and advise accordingly on each unit performance to the Chief Executive Officer of the Branch.
  • Assist in monitoring of actual OPEX against plan and communicate to the respective HOD on the OPEX usage on a monthly basis.
  • Prepare CB and bank-wide loan and deposit balances on a monthly basis for submission to HO, and analyze the variances to provide value-added inputs by partnering Business Units in driving the business strategies in achieving budget/plan of the financial year
  • To work closely with relevant stakeholders and Business partner to Business Units by providing value-added inputs and advises
  • Main contact person for CB businesses in providing inputs to stakeholder’s queries

Yearly

  • To assist in the preparation of the lead schedule of the annual Financial Statements and co-ordinate within the department in the preparation of the disclosures sections and supporting workings.
  • To assist in providing information to KPMG Tax agent pertaining to the Singapore Corporate Tax submission to the Inland Revenue Authority of Singapore
  • To assist in providing support to BEPS Pillar II return to Head Office and tax agent (if necessary)
  • To assist in the Yearly Budget and 5-years forecast
  • To assist in the Year-end Audit (KPMG), Internal & HO Auditors

Other Duties:

  • To perform any other duties as may be assigned by the superior from time to time
  • Assist in other ad-hoc projects that are driven by Finance & Accounting Department

REQUIREMENTS:

  • Strong Financial Accounting Skills (CA Singapore)
  • Knowledge and understanding of banking products and their accounting treatments.
  • Management accounting skills, incorporating cost and profitability analysis
  • Knowledge and understanding of the SAP and FCC Systems
  • Knowledge and understanding of Singapore/International Financial Reporting Standards, internal management reporting requirements and Singapore Income Tax Implication
  • PC skills, especially Microsoft Excel, Microsoft Access and PowerPoint
  • Strong communication skills

EA License Number: 23C1935 | EA Personnel Number: R1551292

Company information

Registration No.foreign company

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