Vice President, Team Lead AIS BFM and Taxation

Alliance Bank; Kuala Lumpur; On-site; MYR 120,000 - 160,000; Full time

Job summary

A leading financial institution in Kuala Lumpur is seeking a Vice President, Team Lead for AIS BFM and Taxation. The role involves managing reporting and performance analysis across various lines of business. Candidates should possess strong financial and management accounting skills with at least 10 years of experience. The position requires leadership in the budgeting cycle and analysis of business profitability. This role offers an opportunity to drive strategic performance and is key to achieving the bank's vision.

Qualifications

• At least 10 years working experience in finance, management reporting and financial analysis.
• Strong financial reporting skills and ability to meet deadlines.

Responsibilities

• Lead management reporting for AIS, covering various analysis by line of business.
• Analyze business performance for management reports.
• Drive financial performance with stakeholders, managing BOD and GAC.
• Lead the annual budgeting cycle and profitability analysis.
• Monitor month-end closing and mid-month processes.

Skills

Strong financial and management accounting skills

Understanding of accounting reporting rules

Knowledge of business products

Advanced in Excel

Strong analytical skills

Education

Association of Chartered Certified Accountants (ACCA)

Job description

Vice President, Team Lead AIS BFM and Taxation

13d ago , from Alliance Bank Malaysia Berhad

• Management Reporting Lead for AIS, covering various BSPL analysis by LOB. Manage NPM, COF, Credit Cost, C/I Ratio, ROE and all key performance indicators for entity and LOBs.
• Analyze business performance & provide various commentaries for management reports (AIS LOB + CM financial deck)
• Drive financial performance with key stakeholders, managing BOD, GAC and Manco. Result oriented, and pursue for excellence.
• Lead the annual budgeting cycle focusing on business execution, profitability, and substance by working with all line of business, product team, development team as well as strategy team
• Analyze profitability of the business based on various product dynamics / drivers to provide value added advice and insight to business for decision making
• Cost management: estimates/calculates the monthly & yearly operating expenses and benchmarks it against budget or last financial year to perform cost analysis.
• Prepare financials projections (production deck) for business plan and to support business to perform benchmarking analysis against Group as well as competitors
• Target BSPL -> Long term strategy; working with Business Strategy, product & development team on coming up with the BSPL of various products & by channels to grow in accordance to AIS vision
• Month end closing & mid-month process; monitor the posting of accruals (marketing exp, audit fee, tax fees, professional fees), monthly cross charge postings, etc.
• Liquidity planning and management, address Liquidity ratio compliance, covering LDR, LFR, LCR, NSFR EVE, EAR. Overall ALM management.
• Take on any other responsibilities proactively and promptly, in line with our values and key behaviorism in order for the bank to achieve its vision.
• Handle any ad-hoc projects or tasks assigned by AIS Head Business Finance/Supervisor

Knowledge

• Strong financial and management accounting skills in budgeting, forecasting, and reporting deliverables
• Understanding of accounting reporting rules
• Knowledge of business products
• Advanced in excel with strong analytical skills with the discipline to meet deadlines and provide solutions

Experience

• Association of Chartered Certified Accountants (ACCA).
• At least 10 years working experience in finance, management reporting and financial analysis