The Finance unit maintains financial controls of Singapore Branch (the Branch), ensure tax compliance, and provide timely regulatory as well as external and internal reporting including Financial & Management Accounting, Branch MIS and Financial Control, in conjunction with Group & Business Finance, Singapore Country Head and GM - International, to provide updates to the Branch and ENBD Group Head Office (The Group).
Job Purpose
The Finance Assistant Manager will be responsible for timely and accurate preparation or review of regular activities including:-
- Financial Controls & Reconciliation
- Treasury Control Monitoring
- Daily Performance Monitoring
- Local Regulatory Reporting and Monitoring
- Group Financial Reporting
This incumbent will also participate in system change implementation and support new product development.
Job Content
Financial Controls & Reconciliation
- Reconcile data from source or transaction processing systems (Finacle and Calypso) to OGL
- Review Nostro reconciliation and follow up Finacle / bank statement breaks
Treasury Control Monitoring
- Perform / review daily NOP (Net Open Position) reconciliation
- Monitor negative / zero margin FX deals and Treasury Sales folder
- Monitor interest movement, perform accrual sense check and follow up on exceptions
Daily Performance Monitoring
- Prepare / review branch's business performance and provide variance analysis to business heads
Local Regulatory Reporting and Monitoring
- Prepare / monitor MAS returns or ratios such as qualifying liabilities, minimum cash balance, minimal liquid assets, asset maintenance ratio etc.
- Update Treasury on regulatory ratio and ensure adherence to MAS regulatory requirements
Group Financial Reporting
- Prepare monthly CBUAE regulatory returns such as large exposure, real estate report etc.
Requirements
- Minimally a Professional Financial Accreditation or Diploma / Degree in Finance, Accounting or equivalent
- Advanced proficiency in Microsoft Excel
- Ability to efficiently manage and analyze substantial datasets
- Processes strong analytical skills
- Motivated self-starter with continuous learning mindset
- Able to work with numbers & Excel for a long period of time
- Able to work with large and imperfect datasets
- Demonstrate resilience to meet deadlines
- Organized and detail-oriented
- Team player with commendable interpersonal skill
- Adaptable to new situations and changes Openness with automation, dashboards and process improvements
- Experience in handling financial or regulatory reporting
- Knowledge of accounting policies / standards
- Knowledge of banking products and activities
- Knowledge of MAS regulations (MAS640, MAS649, MAS758)
- Experience in Finance change management processes related to system implementation or product accounting and reporting
.Note that salary will be commensurate with relevant experience.
