Finance & Accounting Manager (Banking)
RECRUIT AVENUE PTE. LTD.
Singapore
Financial Accounting & Reporting (Accounting)
Full time
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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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