Financial Accountant recruitment
Job Description
Assisting the Sing FA team with the following (where appropriate):
Primary responsibility :
- Initially assisting to set up the capital monitoring and reporting requirements under the new Basel 2/2.5 rules as prescribed by the MAS
- Prepare the daily reporting of RWA and capital ratios
- Prepare the quarterly submission schedules to the MAS
- Participating in project initiative to automate the preparation process including user acceptance testing and supporting subsequent implementations.
Secondary responsibility :
- Performing data mapping
- Liaising with various teams (e.g. Product Controller, CRM, Operations, Treasury), to gather relevant information in the course of performing the primary responsibility.
- Ad-hoc: Participating in working groups for any project implementations in providing user acceptance testing and supporting subsequent implementations.
Department Overview
Financial Accounting – Singapore (Sing FA)
The Sing FA department is part of the Chief Financial Officer (CFO) Division, which is one of five Shared Services Divisions created following the implementation of One Bank.
The department comprises of a group of professionals who are responsible for the financial accounting, regulatory reporting and control of all legal entities in Singapore. The businesses undertaken by these entities include fixed income, equities, securities trading, loans transactions, merchant banking and asset management.
Qualifications and Skills
Background/ Behavioral Competencies
- Knowledge of investment banking products, in particular Equity products is an advantage
- Knowledge of the international Basel 2/2.5 capital regime is mandatory
- Accounting knowledge
- Minimum 4 years post graduation experience
Technical Skills
- Good skills with MS Excel are essential.
- Good knowledge of financial accounting concepts and principles, and should at least be familiar with terms such as balance sheet, profit loss, accruals and month-end adjustments.
- Strong attention to detail, and be comfortable working with large amounts of transactional data using primarily spreadsheet tools.
- Self-motivated, resourceful and able to exercise some common sense.
- Strong interpersonal skills, and be a highly effective communicator (written and spoken English).