Key Responsibilities:
Accounting
- Responsible for the Bank's financial closing and reporting, in accordance with Singapore Financial Reporting Standards
- Monitor and analyze financial transaction data and check for compliance
- Prepare monthly, quarterly and annual financial statements and check monthly bank reconciliation report
- Develop and prepare monthly management report for management team including for Head Office
- Prepare annual reports and liaise with external auditors on audit and financial statement preparation
- Monitoring, analyzing and preparing reporting of financial ratios including earnings, net nterest margin and etc.
- Prepare monthly forecasts / projections to management team
- Prepare budgeting and oversee annual budget items
- Manage and periodically update the Bank's accounting policies
- Liaise with tax agents on tax related matters (e.g tax computation, GST filings, withholding tax, etc)
Regulatory Reporting
- Responsible for preparation/review/delivery of MAS regulatory returns (e.g MAS Notice 610, MAS notice 649, etc) and compliance reporting to MAS and internal management
- Ensure that all regulatory returns and compliance reporting are prepared accurately and timely, and in compliance with regulatory and statutory requirements
- Address queries from the regulators, follow up and resolve any issues relating to regulatory reporting
- Implement, manage and periodically update the Bank's regulatory procedures
- Oversee and work with consultants on Bank accounting /regulatory reporting system
- Handle ad-hoc assignments when necessary
Key Requirements:
- Degree in Accounting, Finance or related field
- 5 - 10 years of relevant experience in finance operations, regulatory reporting and compliance in banking industry
- Advanced knowledge of MS Excel
- Knowledge of accounting standards, regulations (e.g IFRS, SFRS, MAS) and tax
- Excellent communication skills and analytic mindset
- Familiarity with Microsoft Dynamiscs / Vermeg system would be an advantage
. Chartered Accountant /CPA / ACCA or its equivalent would be an advantage
Essential Skills:
- Strong verbal and written English communication skills
- A self-starter who can plan, organize and take initiative to meet job objectives and deadlines independently
- Ability to manage multiple deadlines and work in a fast-paced environment
Those who can start at short notice will be at an advantage. We regret that only shortlisted applicants would be notified.
