• Competitive
  • Singapore
  • Permanent, Full time
  • OCBC Bank
  • 2019-05-24

AVP, Planning and Methodologies

AVP, Planning and Methodologies

Role and Responsibilities

The Planning and Methodologies team of Group Finance is responsible for i) the coordination and delivery of the group-wide budgets, plans and forecasts which includes the Group's annual Operational Plan and the annual Internal Capital Adequacy Assessment Process (ICAAP) and ii) the general development and management of management accounting policies and MIS methods for OCBC Group.
  • Individual contributor role
  • Work in partnership with business and support divisions and across the Group's overseas units / subsidiaries as required during the planning and forecasting rhythm of the Group
  • Conceptualise, build and maintain various management accounting rules, processes and supporting guidelines, documentations required for the smooth operational execution of the Group's management accounting and MIS ecosystem
  • Support the management, administration and operational delivery of the Group's planning and forecasting system (Hyperion) during the Group's budget and forecasting cycles
  • Drive relevant changes, upgrades and enhancements to improve the efficiency and effectiveness of the planning processes and collateral systems
  • Assume subject matter expertise on specific domains as may be required including collaboration recognition, investment appraisals, management reporting, performance management standards or management accounting treatments etc.

  • A good university degree, preferably in business and finance (e.g. Accountancy, Banking and Finance, Economics, Business Administration etc)
  • At least 8 years' experience in the banking industry, ideally in a Management Accounting / Planning and Analysis or similar function particularly with some years in a business partnership role with a front office division
  • A well-developed understanding of management accounting concepts applicable to banking including funds transfer pricing, revenue and costs allocations, performance metrics/ratios, financial models etc. supported by a sound foundational knowledge of financial accounting, tax, risk and banking industry regulations
  • Strong and wide professional knowledge of various EPM in use in the financial services industry particularly Hyperion (Hyperion Planning) and/or Oracle. Candidates with experience in design and implementation of planning systems and methods would have a strong advantage
  • Familiarity and strong adeptness with Office applications and BI tools such as Qlikview, Hyperion Essbase or its equivalent is expected
  • Good communication skills and the ability to work effectively with a diverse stakeholder group across different locations
  • Adaptable and able to think broadly, with proven success as an individual contributor
  • Mature with a positive can-do attitude