Job Description

Start your career with Bank of Singapore as a Finance Specialist (Associate/ Senior Associate) in the Expense Management team!

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group\xe2\x80\x99s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

The candidate will join the Expense Management team in Finance to drive cost management initiatives, leveraging on data driven analytics, to achieve cost efficiencies and optimal return on dollar spent. To facilitate resource allocation aligning to bank\'s strategic objectives

Main Duties

Finance Operations

• Processing and cost accounting of vendor invoices for payments and staff claims. Ensuring adherence to the bank\xe2\x80\x99s expense policies.
• Administer GST and withholding tax accounting associated with accounts payable
• Reconciling processed work by verifying entries and comparing system reports to balances.
• Monthly internal accounts (IAO) substantiation/nostro ageing report
• Support funding for rep office and branches

Financial Analysis

• Leverage on data analytics to provide insights for cost decision

Workflow improvements/Projects

• Participate in process improvement initiatives and automation

Qualifications

Requirements

• Minimally 2 years relevant working experience in Finance operation roles
• Good accounting knowledge
• Knowledge in GST and withholding tax rules an advantage
• Inquisitive and able to work independently
• Hands on knowledge in software, eg Excel, Access, VBA, SQL or Python a bonus

Education Requirements

• A degree in Accounting, Banking or Finance

Bank of Singapore