Finance Manager Finance Manager …

in Singapore
Permanent, Full time
Last application, 16 Jun 21
in Singapore
Permanent, Full time
Last application, 16 Jun 21
My client is a boutique Indian Bank located in Raffles Place, Singapore whom is looking to hire Finance Manager with their Finance and accounting team.This role will be open only for local candidates (Singaporean)

Job Responsibilities:

  • Preparing internal Management report/financials and business group wise profitability and financial analysis
  • Review regulatory reports for Monetary Authority of Singapore (MAS) and address MAS’s queries. 
  • On rotation monitors limits prescribed by MAS for reporting the numbers to Senior Management
  • Participate in system migration project
  • Filing the daily, monthly, quarterly, semi-annual and annual returns with MAS
  • Assist in preparing various sections of the Branch Financials as per SFRS and facilitating in the audit by internal, external auditors
  • Reviewing and confirming accounting entries for new and existing products as well as preparation/review of existing process (PAC) notes

Core Responsibilities:

  • Ensure the completion and submission of financial information and reports to Management, Local Regulatory MAS and Head Office are carried out on a timely and accurate manner.
  • Annual preparation and finalization of Branch accounts as per SFRS for submission to MAS.
  • Monitoring regulatory limits of MAS
  • Liaise with Head Office and other internal department to provide monthly/quarterly reporting to HO and provide ad-hoc financial data/information
  • Review of office accounts (receivables/ payables) reconciliations for on daily/ monthly basis.
  • To assist in the implementation system applications (e.g. Axiom) and perform UAT for the automation of Finance reports
  • Assist in the interpretation/implementation/automation of new MAS Notices.
  • To undertake projects and assignments from time to time as directed by the supervisor/ manager
  • Oversight on the IGAAP preparation

Key Skillsets required:

  1. Good working knowledge of Singapore general accepted accounting practices, Banking product accounting and MAS Notices, rules and regulations
  2. Good working knowledge of MS Excel (creating micros etc), MS Access & MS power-point
  3. good working knowledge on the accounting of treasury products
  4. Some working knowledge of Singapore Income Taxation Rules including GST
  5. Experience in system conversion and have participated in User Application Testing, UATs and raising Business Requirement Specifications (BRS) for automation.   Past experience in using Axiom would be an advantage




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