~~ROLES AND RESPONSIBILITIES:
Financial Close and Reporting
•Manage period-end closing process.
•Manage financial accounting process and finance system GL control.
•Maintain and implement effective controls over finance systems and process for efficient financial closing and reporting to Group.
•Responsible for balance sheet substantiation and ensure timely GL accounts reconciliation.
•Ensure proper maintenance and control over the data in General Ledger (“GL”) including AOV (Accounts Owners Verification) through the PVR system and KRI (Key Risk Indicator) submissions.
•Research technical accounting issues for compliance.
•Lead the local team for Group Finance system projects and Group financial controls and reporting initiatives.
Statutory Reporting and Audits
•Prepare annual financial statements and accounting schedules.
•Liaise with external auditors on relevant matters.
•Manage external audit process by coordinating inputs with relevant internal stakeholders.
•Manage internal audit review on Singapore Finance functions.
•Review and prepare local regulatory reporting ensuring reporting quality and timeliness for daily, monthly, quarterly and annual submissions
•Liaise with source data owners / relevant departments for on-going reporting data quality management in line with regulatory requirement.
•Maintain and implement effective controls over finance systems and process of Regulatory Reporting
•Prepare HKMA returns assigned.
•Responsible for review and accurate submission of HKMA returns completed by preparers.
•Timely and accurate reply to regulators queries on responsible returns and manage any ad hoc regulatory query / survey
•Lead the local team for any new local regulatory reporting project and initiatives
•Manage and comply with local tax filings including corporate income tax and indirect taxes
•Implement effective process control to ensure accurate and timely tax submission and payments.
•Liaise and consult with Group Tax for Group TTP / Tax policy compliance
•Liaise with external tax agent on relevant matters
•Manage Finance’s agenda in the local branch’s risk and compliance management committee.
•Responsible for Finance’s input for ERM requirements including the monthly attestation
•Collaborate with other functions to identify and manage financial reporting risks including data quality issues.
•Ensure proper documentation of local Finance processes in line with Group Finance policies and procedural guidelines.
•Liaise with Group Finance for financial control and reporting matters.
•Provide guidance on payments and claims processing operations to ensure expenses are recorded appropriately and timely by relevant teams.
•Handle full spectrum of finance and accounting matters for 2 legal entities, 1)Shanghai Representative Office and 2) SPV - Ample China Limited.
•Responsible for Business reporting, such as client revenue and position reporting.
•Responsible for the preparation of regulatory reporting assigned, and ensure good knowledge of the Hong Kong Monetary Authority requirements of these returns.
•Responsible for monthly head office reporting.
•Responsible for Finance projects, such as accounts payable automation involving HSBC net rollout and MasterCard Smartdata.
•Responsible for accounts payable operations and ensure timely invoice payment, staff reimbursement.
QUALIFICATIONS & EXPERIENCE:
•Degree in Accounting/Finance/Commerce or professional qualification.
•Big 4 accounting firm experience is essential.
•Prior experience in various functions of a Bank’s Financial Department.
•Prior managerial experience is required.
•HKMA Reporting Experience.
•Significant Project UAT experience.