AVP, Financial Accounting

Sumitomo Mitsui Banking Corporation Malaysia Berhad; Malaysia; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading global financial institution is seeking an experienced professional for their Financial Accounting Department. The role involves preparing and submitting financial reports, ensuring compliance with relevant regulations, and maintaining confidentiality of sensitive information. The ideal candidate will have a Bachelor's Degree in Accounting or Finance, along with at least 5-7 years of experience in a similar role. Additional qualifications such as ACCA or CPA certification are advantageous. Proficiency in Microsoft Excel and Word is essential.

Qualifications

• Minimum of 5-7 years of relevant working experience.
• Good knowledge of MFRS, IFRS, and Bank Negara Malaysia’s Guidelines.
• Familiarity with tax laws and requirements.

Responsibilities

• Prepare and submit all reports to management and regulators.
• Maintain confidentiality of Bank and customer information.
• Ensure compliance with reporting requirements.

Skills

Analytical skills

Good written and verbal communication

Attention to detail

Interpersonal skills

Time management

Education

Bachelor's Degree in Accounting/Finance

Recognised accounting certification (e.g., ACCA, CPA, MIA)

Tools

Microsoft Excel

Microsoft Word

Job description

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

SUMITOMO MITSUI BANKING CORPORATION MALAYSIA BERHAD

JOB SUMMARY

Responsible for the accounting, statutory, regulatory, tax, financial and management tasks of the Financial Accounting Department (FAD).

KEY RESPONSIBILITIES

• Responsible for the preparation and timely submission of all reports to management, regulators and related stakeholders.
• Prepare all reports with accuracy, adhering to related Bank’s policy, BNM guidelines, accounting standards and related requirements.
• Assist to resolve operating errors/problems through correction and taking appropriate action in order to prevent recurrence.
• Investigate and report discrepancy and irregularity arising from transaction / General Ledger balance.
• Ensure routine operations conforms to established rules, policies and procedures in accordance to reporting requirements, in an efficient and accurate manner.
• Maintain the confidentiality of Bank and customer information.
• Ensure compliance to Bank’s compliance program and to report any unusual or suspicious transactions. Ensure all record‑keeping and operating practices conform to established rules and procedures.
• Process and ensure timeliness, accuracy and correctness of all details and processes on all reports prepared.

INSOURCING

• Ensure smooth generation on all the reports or accounting operation function insourced is executed according to the Service Level Agreement or Head Office operational procedures and local and foreign policies.
• Liaise with insourced branch/subsidiary on reporting operation and reporting function.

OTHERS

• Perform other duties as assigned by the management.
• Perform ad‑hoc matters as assigned by the HOD.
• Cover duties of other staff members in his/her absence.
• Participate in projects when assigned.

JOB REQUIREMENTS

• Minimum of 5‑7 years of relevant working experience.
• At least Bachelor's Degree in Accounting/Finance.
• Recognised accounting certification (e.g., ACCA, CPA, MIA) will have an added advantage.
• Good knowledge of MFRS, IFRS, Bank Negara Malaysia’s Guidelines, tax laws/requirements.
• Good written and verbal communication, attentive, reliable, analytical skills, interpersonal skills, highly organized with good time management.
• Good knowledge of Microsoft Excel & Word.