AVP, Financial Reporting & Accounting

DBS Bank Ltd; Hong Kong; On-site; HKD 669,600 - 1,004,400; Full time

Job summary

DBS Bank in Hong Kong is looking for a Finance professional to oversee financial and regulatory reporting processes for DBS HK entities. The candidate will manage a team ensuring compliance with local accounting standards and handle audits.

A degree in Accounting or Finance with at least 6 years of experience in financial institutions is required. Knowledge of banking products and strong communication skills are essential.

This full-time position is based at One Island East.

Qualifications

• Minimum 6 years' experience in financial institutions or Big 4 audit firms.
• Strong knowledge of banking products and accounting regulations.
• Experience in driving process streamlining and AI initiatives is preferred.

Responsibilities

• Responsible for DBS HK entities financial and regulatory reporting process.
• Supervise preparation of financial statements and regulatory returns.
• Manage internal and external audits, and financial disclosures review.

Skills

Financial reporting

Regulatory compliance

Accounting standards

Communication skills

Process efficiency

Education

Degree in Accounting, Finance or related disciplines

Job description

Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

Responsibilities

• Responsible for DBS HK entities financial and regulatory reporting process (covering HKMA, SFC and SG MAS regulatory reporting)
• Oversight the preparation of financial statements in compliance with local accounting standard and HKMA disclosure requirements
• Supervise a team to ensure timely and accurate submission of head office reporting and regulatory returns
• Coordinate financial disclosure and regulatory reporting of the new requirements
• Perform assessment on the accounting and regulatory reporting treatment for current / new products and business
• Perform impact assessment and work with relevant department to implement new accounting standards and regulatory changes
• Represent Finance in cross bank system implementation and process change
• Drive process streamlining and Gen-AI initiatives with an objective to improve efficiency and enhance control
• Manage internal and external audits, and financial disclosures review

Requirements

• Degree holder in Accounting, Finance or related disciplines and a qualified accountant
• Minimum 6 years’ relevant experience in financial institutions (primarily locally incorporated banks with SFC licensed entity exposure) or Big 4 audit firms and currently in managerial level
• Strong knowledge on banking products and related accounting and regulatory reporting treatment
• Knowledge on treasury and investment products is preferred
• Good knowledge on financial control framework for banks
• Good writing skills, communication and interpersonal skills
• Experience in driving process streamlining and Gen-AI initiatives is an advantage
• Attentive to details and accuracy and drive for process efficiency
• Self-motivated and able to work independently

Location

One Island East

Job

Finance.

Schedule

Regular

Employee Status

Full time