Job Description
The Financial Analyst will be responsible for analyzing business financials, deriving actionable insights to support decision-making, and preparing accurate and timely financial reports for the Wealth Management business, including managing the end-to-end process of regional cost allocation for all members of Group Wealth Management, Tribes and Centre of Excellence (COEs). This role ensures accurate, timely, and transparent cost allocation across markets, and acts as the key liaison with in-country finance teams in Singapore, Malaysia, and Indonesia. The role will also review and refine cost allocation methodologies to ensure fairness, transparency, and alignment with business priorities, while maintaining and updating Standard Operating Procedures (SOPs) for consistent application across markets.
Job Responsibilities
Cost Allocation Management Compute and prepare the monthly regional cost allocation for the GWM Tribes and COE members based on agreed allocation principles Maintain and update allocation models to reflect organizational changes, updated headcount, and changes in regional vs in-country scope of work Review cost allocation methodology periodically to ensure relevance, fairness, and compliance with Group Finance policies Liaison with in-country finance teams Liaise with in-country finance team in SG, MY, ID (and future countries where applicable) to validate applicable cost allocation and ensure proper postings in respective ledgers Engage respective stakeholders (HR, finance, etc) on allocation methodology, calculations and entries Support in resolving discrepancies, and reconciling variances in financial postings. Financial Management and reporting Review, interpret, and analyze monthly, quarterly, and annual financial performance for the Wealth Management business Identify trends, variances, and key performance drivers across client segments, products, and markets. Perform competitor and market benchmarking to support strategic planning. Develop business insights and recommendations for senior management based on financial data Prepare management reports for various committees to provide visibility on cost & revenue allocation for GWM, Tribes and COEs Involved in preparing budget forecasts for GWM Ensure compliance with Group Finance policies and audit requirements. Key liaison person for audit and tax related matters
Job Skills
- -Advanced-proficiency-in-Excel-and-data-visualization-tools-(e.g.,-Power-BI,-Tableau).-
- -Strong-analytical-and-problem-solving-skills-with-attention-to-detail.-
- -Ability-to-translate-complex-financial-data-into-clear,-actionable-insights.-
- -Excellent-communication-and-presentation-skills.-
- -Ability-to-work-independently-and-manage-multiple-priorities-under-tight-deadlines.-
- -Strong-business-acumen-and-understanding-of-wealth-management-products-and-client-segments.-
- -Strong-proficiency-in-Microsoft-Excel,-and-accounting-systems-
- -Strong-understanding-of-cost-allocation-principles-and-financial-reporting-standards-
- -Good-understand-and-experience-working-with-cross-jurisdictional-countries,-and-multiple-stakeholders
Job Requirements
- A bachelor's degree in finance, Accounting, or professional accounting qualifications such as ACCA, CPA, ICAEW, CIMA or equivalent is strongly preferred
