Finance & Accounting

Description

We are looking for a Finance & Accounting specialist to support the branch’s regulatory reporting and financial operations. Key responsibilities include preparing and verifying MAS regulatory reports, coordinating with Head Office and vendors on automated reporting solutions, and assisting with daily regulatory monitoring and reporting. This role involves preparing journal entries, reviewing reconciliations, managing tax matters, providing financial data to Head Office, and supporting year-end financial statements and audits. Additional duties include assisting with budgeting and supporting process improvement initiatives.

Responsibilities and Duties

* Prepare and review the branch’s MAS regulatory reports, making necessary adjustments as needed. * Collaborate with Head Office teams and system vendors to maintain an automated solution for MAS regulatory reporting. * Support daily monitoring of regulatory ratios and requirements for the branch (e.g., Asset Maintenance Ratio, MLA & MCB) and prepare daily regulatory reports. * Assist in preparing journal entries and maintaining detailed subaccount ledgers, ensuring compliance with Accounting Policy and Head Office requirements, including invoice and payment receipt checks. * Review Nostro reconciliations and ensure prompt resolution of any outstanding items. * Support the Department Head with corporate tax calculations, GST matters, and other tax-related tasks. * Provide Head Office with essential financial data, including asset-liability ratios, regulatory compliance information, and ad hoc financial requests. * Contribute to the preparation of year-end financial statements and provide necessary documents to auditors. * Assist the Department Head in consolidating branch operating budgets and reviewing business expense subaccount ledgers. * Participate in process improvement initiatives and support additional financial reporting tasks as requested by the Department Head.

Qualifications and Requirements

* Preferred experience in Singapore bank regulatory and financial reporting * Bachelor’s degree in Accounting, Finance, or Business * Proficient in Excel * Capable of working independently and engaging with multiple stakeholders * Positive attitude, strong team player, and willingness to collaborate across teams * Effective communication skills, with the ability to work well with diverse stakeholders

Working Condition

Working hours

5 days / 44 hours