Financial Reporting Manager - Financial Control

The Bank of East Asia (BEA); Hong Kong; On-site; HKD 550,000 - 900,000; Full time

Job summary

The Bank of East Asia (BEA) in Hong Kong seeks an experienced finance professional to manage month-end closing, statutory reporting, and management reports for Top Management and regulators. You will prepare board materials and perform timely financial analyses in a fast-paced banking environment.

Applicants should have an accounting/finance degree with HKICPA qualification and at least 6 years in banking or financial services, plus strong English and Chinese communication skills.

Qualifications

• University graduate in Accounting or Finance.
• Qualified accountant (HKICPA) or equivalent.
• Preferably 6+ years' experience in banking or financial services.
• Strong knowledge of HKFRS and tax computations.
• Experience liaising with external/internal auditors.
• Good communication skills in English and Chinese.

Responsibilities

• Participate in month-end closing and produce monthly performance reports for senior management.
• Handle annual and interim statutory reporting.
• Prepare financial analysis, board materials and management reports timely.
• Coordinate with external and internal auditors on financial information.
• Assist in inquiries from departments, branches and subsidiaries.
• Ensure closing timelines as mandated by senior management.
• Explain material variances and manage inter-company reconciliations.
• Coach and supervise subordinates as needed.

Skills

Month-end closing

Statutory reporting

Financial analysis

Inter-company reconciliation

Team leadership

English & Chinese communication

Education

Accounting/Finance degree

HKICPA qualification

Job description

The incumbent will be responsible for month-end closing and annual and interim statutory reporting, as well as any ad hoc and regular financial analysis/statutory reports, board meeting materials and management reports on timely basis as requested by the Top Management, major shareholders and regulatory authorities.

Responsibilities

• Participate in the month-end closing process including production of the respective monthly performance and control reports for review by senior management
• Handle annual and interim statutory reporting
• Prepare any ad hoc and regular financial analysis/statutory reports, board meeting materials and other management reports on timely basis as requested by senior management, major shareholders of the Bank, government departments and regulatory authorities
• Prepare any financial information as requested by both external and internal auditors
• Assist in handling and answering enquiries from other departments, branches and subsidiaries
• Ensure the month-end closing process can be completed by the timeline as stipulated by senior management
• Ensure the financial results and all management reports are correctly compiled from the general ledgers and other financial records / system reports, where appropriate
• Assist in communicating the reporting requirements for both month-end closing and statutory reporting to all departments, branches and subsidiaries
• Handle reconciliation of inter-company accounts and to investigate any material discrepancies noted
• Analyse and explain material variances on financial results in the course of the month-end closing process
• Allocate tasks properly to subordinates / teammates, and monitor the performance of the subordinates and to provide proper coaching from time to time

Requirements

• University graduate, preferably major in Accounting or Finance
• Qualified accountant / HKICPA or equivalent
• Preferable over 6 years’ experience in banking sector or financial industry
• Good knowledge and experience in handling month-end closing and statutory account preparation
• Good understanding of the HKFRS Accounting Standards
• Good knowledge of Hong Kong Profits Tax computations, tax provisioning, and tax book closing procedures (including deferred tax)
• Experience in liaising with both external and internal auditors
• Prior managerial experience is highly advantageous
• A team player with good communication skills and risk awareness
• Good command of both spoken and written English and Chinese, fluent in Putonghua is preferable

Personal data provided by job applicants will be used for recruitment purposes only and will be treated in accordance with the Bank's Personal Information Collection (Employees) Statement and Privacy Policy Statement. Applicants who are not invited for interviews within six weeks may consider their applications unsuccessful and the personal data collected will be destroyed after 1 year.