Our client is a Chinese Bank who have a large footprint within Singapore and the wider ASEAN region, who are looking for a candidate to join their Finance Team.
They are looking for a high-performing Finance assistant manager to join the finance team.
Please contact Justin Lee on +65 8551 4947 or email your cv directly in word format with job reference JOB-11758 to bankingandfinance-SG@theedgepartnership.com.
Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days, we regret to inform you that your application for this position was unsuccessful.
EA License Number: 16S8131
Recruiter License Number: R2320121365
http://bankingandfinance-SG@theedgepartnership.com
Key responsibilities
- Review of Nostro reconciliations and ensure timely resolution of unreconciled items
- Review of journal accounting entries and detailed subaccount ledgers update. Ensure adherence with Accounting Policy and Head Office requirements, including performing checks on invoices and receipts. Oversee payment of expenses for the branch.
- Assist with the preparation and checking of daily regulatory ratios and requirements for the branch (e.g., Asset Maintenance Ratio, MLA & MCB).
- Provide the Head Office with financial data, including ratios for assets-liabilities position monitoring, Head Office regulatory requirement and ad hoc requests for financial information.
- Assist with the preparation of the Branch’s MAS regulatory reports (e.g. MAS 610 and MAS 649) and make adjustments, where required. Work with Head Office teams to maintain an automated solution for MAS Regulatory Reporting
- Assist in taxation matters, including corporate tax computation and GST related matters.
- Assist in Head Office reporting and financial reporting, including preparation of year-end Financial Statements and the provision of supporting documents to auditors.
- Assist the Department Head to consolidate operating budgets and in cost management. Review the subaccount ledgers of business expenses across units and monitor the utilization.
Assist the Department Head in process improvement initiatives and other financial reporting matters as requested
Role requirements
- At least 6 years of experience in reviewing payments.
- Knowledge of MAS 649. 610
- Able to multi-task across functions and an excellent team player
- Good knowledge of Microsoft Office
- Effectively bilingual in English and Mandarin as the role requires written and verbal communication in Traditional Chinese with Mandarin-speaking colleagues.