Financial & Regulatory Reporting Analyst (12 Months Contract) recruitment
A great opportunity for an analyst to join a renowned bank within the Group Financial Regulatory Reporting team on a 12-months basis.
The main function of the role is to improve the quality, accuracy and timeliness of the numbers being reported to Head Office.
Key responsibilities are:
- 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 UK 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, RBS Group, the auditors and other interested parties.
- Provide cover for team members during holiday and sickness.
Candidate Requirement
Qualifications /Education:
- Qualified Accountant (ACA or ACA equivalent)
- Strong academic background (first time pass)
Experience required:
- Two to five years post qualification experience;
- Background in Finance / Investment banking, through either direct employment or through Big 4 Auditing / Consultancy exposure.
- Strong control awareness, including an understanding of the key controls required in an investment bank.
- Good Excel skills;
- Good working knowledge of IFRS, in particular on financial instruments
Interested candidates, pls forward your CV in MS word format to Shalynn Ler at shalynn.ler@hays.com.sg
September 8, 2012
• Tags: Accounting & Finance careers in the Singapore, Financial & Regulatory Reporting Analyst (12 Months Contract) recruitment • Posted in: Financial