Job Description

Our client is a leading Asian bank, who operated across a range of business lines and a strong presence regionally. There is an exciting opportunity for a candidate to support the head of finance in the head office. Please contact Ernest Khoo or email your cv directly in word format with job reference no. Jo0000008456 to bankingandfinance-SG@theedgepartnership.com Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days, we regret to inform you that your application for this position was unsuccessful. EA License Number: 16S8131
Recruiter License Number: R22108248

Some of the key responsibilities will include

• Review of Nostro reconciliations and ensure timely resolution of unreconciled items.
• Review of journal accounting entries and detailed subaccount ledgers update. Ensure adherence with Accounting Policy and Head Office requirements, including performing checks on invoices and receipts. Oversee payment of expenses for the branch.
• Oversee the monitoring of daily regulatory ratios and requirements for the branch (e.g., Asset Maintenance Ratio, MLA & MCB).
• Preparation and checking of the Branch\xe2\x80\x99s MAS regulatory reports (e.g. MAS 610 and MAS 649) and make adjustments, where required. Work with Head Office teams and system vendor to maintain an automated solution for MAS Regulatory Reporting
• Provide the Head Office with financial data, including ratios for assets-liabilities position monitoring, Head Office regulatory requirement and ad hoc requests for financial information.
• Assist in taxation matters, including corporate tax computation and GST related matters.
• Assist in Head Office reporting and financial reporting, including preparation of year-end Financial Statements and the provision of supporting documents to auditors.
• Assist the Department Head to consolidate operating budgets and in cost management. Review the subaccount ledgers of business expenses across units and monitor the utilization.
• Assist the Department Head in process improvement initiatives and other financial reporting matters as requested.

To be eligible for this role you will require

• 5+ years\xe2\x80\x99 experience in regulatory and financial reporting. Supervisory experience preferred.
• Bachelor\xe2\x80\x99s degree in accounting and finance, and able to work independently and with multiple stakeholders.
• Able to understand and converse in spoken Mandarin.