Finance Fixed Asset Accountant

OCBC Bank (Hong Kong) Limited; Hong Kong; On-site; HKD 500,000 - 800,000; Full time

Benefits offered by this job

Competitive salary

Professional development

Community initiatives

Supportive team

Job summary

OCBC Bank (Hong Kong) Limited is seeking a financial professional to manage the lifecycle of fixed assets and leases, ensuring compliance with accounting policies. The role requires strong analytical skills, attention to detail, and collaboration with multiple stakeholders.

You will oversee end-to-end asset accounting, participate in property valuation, and ensure timely month-end close and accurate reporting.

Qualifications

• Bachelor’s degree in Finance or Accounting required.
• Minimum 5 years of accounting experience focused on fixed assets.
• Experience in banking or financial services is preferred.

Responsibilities

• Oversee fixed assets and leases lifecycle in accounting systems.
• Manage acquisitions, disposals, and adjustments in assets records.
• Coordinate property valuation and revaluation programs.
• Ensure accurate month-end close reporting for assets and inventory.
• Process payments related to fixed assets and leases promptly.
• Establish internal controls and enforce procedures.
• Lead process improvements via technology and best practices.

Skills

Fixed assets accounting

Month-end close

Analytical skills

Communication skills

Attention to detail

Education

Bachelor's degree in Finance or Accounting

Tools

ERP systems

Accounting software

Job description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Purpose of the role:

This role is a financial professional responsible for managing the lifecycle of fixed assets & leases and ensuring compliance with accounting policies. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with various stakeholders.

What you will be doing:

• Manage Fixed Asset and Lease Accounting Systems and Processes: Oversee the lifecycle of fixed assets, including acquisitions, retirements, disposals, transfers, and adjustments. Ensure that all changes are accurately reflected in the accounting system in compliance with bank policies and procedures.
• Property Valuation and Revaluation: Collaborate on the property valuation and revaluation program to ensure accurate assessments and compliance with accounting standards.
• Month-End Close Reporting: Ensure timely completion of month-end close processes and reconciliations related to fixed assets and inventory, guaranteeing accuracy and completeness in reporting.
• Financial Oversight: Ensure that all payments related to fixed assets and leases, including rent and rates, are processed promptly and correctly to maintain financial integrity.
• Controls Compliance: Establish and enforce internal controls and procedures to uphold the integrity and security of operations.
• Process Automation and Streamlining: Identify areas for improvement and drive initiatives to enhance efficiency and effectiveness by leveraging technology solutions, streamlining workflows, and implementing best practices to optimize processes.
• Participation in Ad Hoc Assignments: Engage in ad hoc assignments and other projects as assigned by supervisors or management.

What we are looking for:

• Bachelor’s degree in Finance, Accounting or a related discipline
• Minimum 5 years of experience in accounting with a focus on fixed assets, preferably in banking industry
• Professional qualification on HKICPA, ACCA, CFA and or FRM would be an advantage
• Proficiency in accounting software and ERP systems
• Strong sense of ownership and commitment to tasks and time.
• Ability to work under pressure and tight schedule.
• Willing to learn, Self-motivated, Self-discipline, Positive mindset.
• Good communication & team spirit and interpersonal skills.
• Strong Analytical & Problem-Solving skills, Project Implementation skills, With the capacity to navigate through challenges and propose creative solutions.
• Proficiency in both written and spoken English and Cantonese

What we offer:

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
• Let’s build the bank we need for the future we want.
• Find the best version of yourself in a friendly, supportive team.
• Build lasting value in your community.
• Help people grow their assets, business, and investments.
• Take your learning as far as you can.
• Or simply enjoy a vibrant, future-ready career.
• Your Opportunity Starts Here