Vice President, Group Financial Control Assurance, Group Finance recruitment
DBS is a leading financial services group in Asia, with over 200 branches across 15 markets. Headquartered and listed in Singapore, DBS is a market leader in Singapore with over four million customers and also has a growing presence in the three key Asian axes of growth, namely, Greater China, Southeast Asia and South Asia. The bank's strong capital position, as well as "AA-" and "Aa1" credit ratings that are among the highest in the Asia-Pacific region, earned it Global Finance's "Safest Bank in Asia" accolade for three consecutive years, in 2009, 2010 and 2011.
Group Finance is responsible for the production of relevant, timely and accurate statutory, financial and management information; as well as insightful analysis of business, product and customer profitability to support decision making and generation of shareholder value. The team also provides capital management, business planning, forecasting, tax and accounting advisory services to our businesses.
Group Financial Control Assurance is an advocate of a strong financial control mindset and financial control environment in the Finance function and DBS Group. Drive the financial control agenda and ensure consistency in policies and processes within the Group.
Responsibilities
- Provide leadership to Country Finance Control Assurance teams across the Group.
- Roll out standardized finance operating model Group particularly in the General Ledger Account Ownership (GLAO) and Manual Journal Entries (MJE) as Group policy and process owner.
- Enhance the existing GLAO ownership model, develop and implement prescriptive reconciliation and substantiation standard operating procedures across all locations.
- Develop and design training programme for GLAO and MJE.
- Ensure timely and accurate reporting of monthly GLAO results across locations, Business and Support Units.
- Conduct GLAO Quality Assurance Reviews, Deep Dives and Training on the GLAO process.
- Act as Unit Operational Risk Manager in Group Finance. Track financial control metrics including audit issues from Internal and External Auditors as well as regulators.
Requirements
- Degree or relevant professional qualifications in Accountancy or Finance.
- At least 10 years of relevant experience in audit, financial control and risk management preferably in a bank or financial institution.
- Good at policy formulation, process review and implementation.
- Demonstrate a strong control mindset when analysing processes and procedures.
- Excellent communication and analytical skills; able to distill and frame issues clearly to senior management.
- Able to work well with people across different departments, locations and at different levels of seniority.
Please click on "Apply online" and search for Job Ref: BHR/KLK/1111/0001
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.