Finance Executive

Job Purpose

To provide support to the Finance team in the aspects of Finance operations (accounting, expense controls & payments, system upgrades & migration), regulatory compliance & reporting as well as other head office reporting for day-to-day operations.

The job holder will report to the Head of Finance with a dotted reporting line to the Finance Manager for specific tasks.

Principal Responsibilities, Accountabilities

Finance Operations

• Review of GL balances / account movements to detect unusual postings.
• Review suspense account postings and monitor for validity and reversal.
• Raise manual entries to income and expense.
• Troubleshoot with HO finance / operations for any accounting issues and posting errors detected.
• Process payments of OPEX (excluding payroll) and CAPEX cost control.
• Maintain Fixed Assets, prepaid, and amortization schedules.

Regulatory Compliance

• Compute qualifying liabilities, MCB, MLA, AMR.
• Monitor financial compliance ratios and requirements.

Reporting

• Prepare and submit MAS returns (weekly/ bi- weekly/ quarterly/ semi-annual/ annual).
• Prepare monthly and quarterly Head Office consolidation package.
• Prepare ad-hoc Singapore Statistic surveys.
• Prepare Goods and services tax (“GST”) reporting and submission.

Finance Projects

• Assist in any system migration or development

Financial planning, budgeting and forecasting

• Assist in budgeting cycle.

Job Requirements

Knowledge

• General banking and product knowledge
• Knowledge of MAS regulations and notices
• Knowledge of International Financial
• Reporting Standard and GST regulations

Education / Certifications

• Degree in Accounting / Finance

Experience

• Minimum of 2-3 years’ banking finance and reporting experience
• Proficiency in accounting, financial controls, planning, analysis, reporting, MAS regulations and reporting requirements
• Experience in data analytics and data mining is an added advantage.

Personal attributes

• Team player who is resourceful and detail-oriented
• Working-level risk and IT awareness
• Strong communication skills