Analyst/Associate, Markets & IB Finance – Group Financial & Regulatory Control (Open to Big 4) – (12 month contract) recruitment
The Group Financial Regulatory Control (GFRC) team is responsible for all aspects of Head Office reporting for the Asia Pacific region.
Responsibilities:
- Preparation of monthly IFRS financial statements for the Bank branches and subsidiaries within the Asia Pacific region, including more detailed disclosure to Group quarterly, semi-annually and annually.
- Understanding products reported within the entity and ensuring compliance of disclosures and accounting treatments with IFRS and other Group reporting requirements.
- Preparation of GAAP adjustments, SEC, BOE reports and any Head Office regulatory reporting.
- Review of new trades and products that are introduced/booked into these entities – identifying the basis of the trades and with the assistance of our regulatory policy team identify the correct regulatory treatment.
- Understanding and explaining to management significant movements in the entity’s balance sheet, in terms of changes in the business as well as movements in the market in general.
- Working closely with the Central Statutory Review team to ensure all HO reporting requirements are met in a timely manner.
- Preparation and review of the monthly balance sheet reporting pack for the entities and manage the monthly sign off procedure for IFRS balance sheets.
- Collaborate with Product Control, Front Office, Operations, IT and other areas of Financial Control (eg. Statutory Reporting) both in the region and HQ to ensure that changes in the business are clearly understood by all parties and issues are resolved in a timely manner.
- Review of current processes and controls with the aim of streamlining them by leveraging off recent and future IT developments.
- Constantly self assess tasks performed to improve controls and identify efficiency.
- Introducing process improvements and controls around the reporting processes
- Ad hoc projects such as reporting and process reviews and system testing.
- Dealing with ad hoc queries from management, the auditors and other interested parties.
- Provide cover for team members during holiday and sickness.
Requirements:
- A qualified Accountant (ACA or ACA equivalent) with minimum 2-5 years post qualification experience gained in Finance / Investment banking. Open to candidates from Big 4 Auditing /Consultancy.
- Incumbent must possess strong control awareness, including an understanding of the key controls required in an investment bank.
- Good Excel skills with excellent working knowledge of IFRS, in particular on financial instruments
May 3, 2012
• Tags: Accounting & Finance careers in the Singapore, Analyst, Associate, Group Financial & Regulatory Control (Open to Big 4) – (12 month contract) recruitment, Markets & IB Finance • Posted in: Financial