Treasury Financial Reporting & Compliance AVP

CMB Wing Lung Bank Limited; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

CMB Wing Lung Bank Limited in Hong Kong is seeking an experienced treasury accounting professional to enhance accounting flows for treasury products and ensure compliance with accounting standards. The role involves reviewing new and amended standards, preparing financial reports, and supporting the month-end close with a focus on treasury accounting.

The candidate should have a university degree in accounting/finance, a professional qualification, at least five years in banking accounting or

Qualifications

• University degree in Accounting, Finance, Business Administration, or related discipline; professional accounting qualification essential.
• Minimum 5 years of accounting or auditing experience in banking; treasury accounting experience preferred.
• Solid understanding of treasury product accounting and related standards.
• Excellent communication to convey accounting treatments effectively.
• Strong risk awareness and drive for efficient processes via system solutions.
• Ability to mentor junior staff in a high-pressure environment.
• Familiar with treasury systems and MS Office.
• Proficient in English, Chinese and Mandarin.

Responsibilities

• Enhance systems for accounting flow for treasury products to ensure compliance with relevant accounting standards
• Conduct reviews of new and amended accounting standards, establishing necessary procedures for implementation on treasury products accordingly
• Prepare and review financial reports related to treasury products
• Prepare and review interim and annual disclosure notes for both of the Group and Head Office
• Monitor and periodically review static information pertaining to the Group's investment and derivatives portfolios to ensure compliance with internal and external policy requirements
• Support the month-end closing process for the Group timely and accurately, with a particular focus on treasury accounting
• Streamline financial reporting processes to enhance overall financial control
• Respond to inquiries from other departments, internal and external auditors, and the HKMA regarding the designated areas of responsibility.

Skills

Accounting

Treasury accounting

Auditing

Financial reporting

Education

Accounting/Finance degree

Tools

MS Office

Treasury systems

Job description

CMB Wing Lung Bank Limited in Hong Kong is seeking an experienced treasury accounting professional to enhance accounting flows for treasury products and ensure compliance with accounting standards. The role involves reviewing new and amended standards, preparing financial reports, and supporting the month-end close with a focus on treasury accounting.

The candidate should have a university degree in accounting/finance, a professional qualification, at least five years in banking accounting or