Assistant Manager/Senior Executive, Finance (Bank Reconciliation)

Income Insurance Limited; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services firm in Singapore is looking for a Finance/Accounting professional with 4-5 years of experience to oversee bank reconciliations and lead a team. The ideal candidate should have advanced knowledge of SAP, strong analytical and problem-solving skills, and a degree in Finance or Accounting. Responsibilities include performing bank reconciliations, managing cash flows, and ensuring compliance with internal policies. This role offers the opportunity to drive process improvements and enhance efficiency.

Qualifications

• At least 4-5 years of experience in Finance/Accounting role.
• Advanced knowledge of SAP and proficiency in Microsoft Excel.
• Strong expertise in bank reconciliation and cash management.

Responsibilities

• Perform and review daily/monthly bank reconciliations.
• Investigate and resolve discrepancies and variances.
• Process manual journal entries in SAP.
• Liaise with stakeholders on adjustments and queries.
• Prepare reconciliation statements and reports.
• Manage cash flow forecasting and fund transfers.

Skills

Strong technical skills

Attention to detail

Problem-solving skills

Analytical skills

Team leadership

Education

Degree/Diploma in Finance/Accounting

Tools

SAP

Microsoft Excel

Job description

The ideal candidates will demonstrate strong technical skills, attention to detail, and a commitment to continuous improvement.

Key Responsibilities

• Perform and review daily/monthly bank reconciliations
• Investigate and resolve discrepancies and variances
• Process manual journal entries relating to banks in SAP system
• Ensure all bank-related transactions are properly accounted for and outstanding items are cleared up on a timely basis
• Liaise with relevant stakeholders on adjustments, queries & variances
• Support UAT and system enhancements
• Prepare reconciliation statements and reports
• Assist during audits and respond to queries
• Oversee and review daily and monthly bank reconciliation activities performed by the team
• Validate accuracy and completeness of reconciliations, journal entries, and variance resolutions
• Lead testing and quality assurance for system enhancements, process changes, and UAT activities
• Drive automation and process improvements to enhance efficiency and reduce risk
• Manage cash flow forecasting and fund transfers
• Ensure compliance with regulatory requirements and internal policies
• Serve as escalation point for complex issues and partner with business units to resolve reconciliation issues and improve end‑to‑end processes.
• Liaise with auditors, regulators, and internal stakeholders on reconciliation and treasury matters
• Prepare and review reconciliation statements
• Act as deputy for the Bank Reconciliation ensuring continuity of operations
• Supervise, mentor and provide coaching for junior team member

Qualifications

• At least 4-5 years of experience in Finance/Accounting role
• Possess a Degree/Diploma in the field of Finance/Accounting
• Advanced knowledge of SAP and proficiency in Microsoft Excel
• Good analytical and problem–solving skills
• Strong expertise in bank reconciliation, cash management, and financial controls
• Proven ability to lead teams is highly preferred and drive process improvements
• Proven experience in managing projects and leading UAT/testing activities