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Assistant Manager, Finance Job Opening In Singapore, Singapore – Now Hiring ICBC Standard Bank


Job description

Summary

The Finance department is structured into key functional areas and regions.

This organisation reflects the key roles and control processes of Finance within the Bank.

For Singapore, the Finance function provides management and reporting of its financial results, corporate tax and GST.

It also serves other important control functions including balance sheet reconciliation and substantiation.

Job Purpose

Efficiency, high quality, attention to details and consistency are essential in daily operations.

The role requires delivering satisfactory services through proactive thinking and strong problem solving skills, supporting both internal and external stakeholders.

Proficiency in Excel and hands-on experience in regulatory reporting are essential.

Key Responsibilities

Account Payables

  • Handle invoice and payment processing on vendors and staff claims
  • Prepare accounting journal entries and posting to general ledger
  • Prepare monthly entries and schedules, including prepayments, provisions, accruals, MTM adjustments, and FD interest, etc.
  • Prepare monthly gym files, as well as ad-hoc and annual BIK files to HR
  • MAS Reporting

  • Prepare and review periodic regulatory returns to MAS for Singapore Office, including:
  • MAS Notice 610 Submission of Statistics and Returns
  • MAS 649 Minimum Liquid Assets and Liquidity Coverage Ratio
  • Quarterly Income & Expenditure Statement
  • Annual MAS Survey of Services
  • Prepare monthly financial checklist for Singapore Branch to ensure compliance with MAS regulation and requirement
  • Update daily MAS monitoring control (Capital Funds, Minimum Liquid Assets, Minimum Cash Balance and Asset Maintenance monitoring)
  • MIS reporting:

  • Perform monthly balances sheet substantiation via Cadency
  • Prepare Plato adjustment template for SG
  • Prepare Month-end table for SAP exchange rate
  • Prepare RCC upload file information for London consolidation
  • Prepare the monthly Asia BU cost report and perform variance analysis of actuals vs budget for delivery to the Department Head
  • Taxation

  • Assist in preparation of monthly tax computation file and year-end return for Singapore Branch and post the corresponding tax provision entries
  • Others

  • Assist in system implementation projects, reports automation and analysis
  • Undertake ad hoc assignments and meet tight deadlines
  • Covering the duties for other team member while they are out of office
  • Preferred Qualifications and Experience

  • Diploma in Finance, Accounting, or a related field
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Knowledge of MAS reporting
  • Minimum 3 years of accounting experience preferably in banking / auditing field
  • Experience with SAP & SAP Concur system would be an advantage
  • DBS Ideal e-banking payment
  • Ability to work independently and as part of a team
  • Knowledge, technical skills and expertise:

  • Excellent spreadsheet skills proficient in pivots and advanced formula
  • Microsoft Office skills e.g.: Excel & Word preferred
  • Personal attributes:

  • Meticulous, self-motivated, possess initiative, independent and a team player
  • Required Skill Profession

    Operations Specialties Managers


    • Job Details

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    Are You Looking for Assistant Manager, Finance Job?

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    The Work Culture

    An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at ICBC Standard Bank adheres to the cultural norms as outlined by Expertini.

    The fundamental ethical values are:

    1. Independence

    2. Loyalty

    3. Impartiapty

    4. Integrity

    5. Accountabipty

    6. Respect for human rights

    7. Obeying Singapore laws and regulations

    What Is the Average Salary Range for Assistant Manager, Finance Positions?

    The average salary range for a varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.

    What Are the Key Qualifications for Assistant Manager, Finance?

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    Interview Tips for Assistant Manager, Finance Job Success

    ICBC Standard Bank interview tips for Assistant Manager, Finance

    Here are some tips to help you prepare for and ace your Assistant Manager, Finance job interview:

    Before the Interview:

    Research: Learn about the ICBC Standard Bank's mission, values, products, and the specific job requirements and get further information about

    Other Openings

    Practice: Prepare answers to common interview questions and rehearse using the STAR method (Situation, Task, Action, Result) to showcase your skills and experiences.

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    Final Thought:

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