Assistant Manager Accounting & Regulatory Reporting

Salary

6,000 SGD 10,000 SGD

Industry

Finance(Banking)

Job Description

Our Client is a reputable bank currently seeking an Assistant Manager, Accounting & Regulatory Reporting. The role of Assistant Manager, Accounting & Regulatory Reporting in a Singapore-based bank encompasses a broad range of responsibilities, particularly in financial accounting and compliance with the Monetary Authority of Singapore (MAS) regulations.

Responsibilities
- Review of journal entries and accounting transactions
- Preparation of financial statements (P/L, B/S, C/F)
-Drafting and validation of footnotes to financial statements
-When necessary, organizing technical issues, making accounting judgment calls, and seeking external expert advice
- Liaising and coordinating with external auditors and other stakeholders
- Identifying bottlenecks and proposing internal control improvements or alternative solutions
- Analysis and resolution of issues raised in external audits
- Analysis and resolution of issues raised in external audits
- Examination of general ledger (GL) balances and identification of anomalies
- Review of fund transfers and proper booking of entries daily reconciliation of liquidity and funding positions
- Daily reconciliation of balances in bank accounts, loans, and deposits
- Preparation of internal daily reports (including liquidity risk monitoring, etc.)
- Maintenance of supporting schedules and account-level documentation
- Preparation, review, and scheduling of MAS regulatory reports
- Collaboration with the Risk Department on ECL provisioning and related calculations
- First point of contact in external audits: managing audit timelines, preparing requested documents, responding to queries
- Initiatives to streamline and automate MAS reporting and financial closing processes
- Periodic review and maintenance of operations manuals and internal policies

Requirement

Requirement & Preferences

(Must)
- Bachelor's degree in Accounting or Finance or professional credentials (e.g. ACCA, ICAEW, SCA, US CPA) highly desirable.
- Minimum 5 years of experience in accounting and financial closing, including at least 3 years of practical experience in MAS regulatory reporting.
- Deep knowledge of SFRS and IFRS, with demonstrated ability to independently prepare full financial statements and footnotes, lead monthly/quarterly/annual closings, and draft/revise accounting policies based on standard changes.
- Proven experience managing full lifecycle of MAS regulatory reports including MAS 610, 649, 640, 757/758, BA Sec 35 BIS, surveys, and adhoc returns (stress tests, thematic reviews), ensuring accuracy and timely filing.
- Strong operational accounting skills: daily controls (journal and GL reviews, liquidity reconciliations), preparation of P/L, B/S, C/F, support schedules, ECL provisioning under FRS 109, and tax computations.
- Experience serving as primary external audit liaison, managing audit timelines, documentation, queries, coordinating technical accounting discussions, and driving resolution.
- Track record of identifying inefficiencies and implementing process improvements (such as template standardization, automation, and database integration) to reduce manual workloads and eliminate bottlenecks.

(Preferably)
- Audit firm experience, especially involving financial services clients, is a plus.
- Strong communication, analytical, and stakeholder management skills-able to serve as a strategic advisor to leaders and coach junior team members.
- Capability to support future automation projects and system enhancements, contributing to robust data analytics and reporting infrastructure

English Level

-

Other Language

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Benefit

What you will receive
- AWS
- Variable Bonus (Based on company's & individual performance)
- Annual Leave: 14 days (up to a maximum of 21 days)
- Medical Leave
- Medical Benefits
- Flexible Work Arrangement

Working Hour

8:30 17:00

Holiday

-

Job Function