Associate, Expense and Accounting Operations (1 Year Contract)

Mizuho Bank, Ltd.; Singapore; On-site; SGD 70,000 - 95,000; Full time

Job summary

Mizuho Bank, Ltd. in Singapore seeks a professional to manage and perform the Bank's payment and receivable operations, ensuring accuracy and compliance. Responsibilities include reviewing transactions, preparing financial reports, and handling GST and withholding tax submissions.

The ideal candidate has a relevant bachelor's degree, at least 6 years of experience in the banking sector, and strong proficiency in Microsoft Office. Skills in accounting principles and team collaboration are essential.

Qualifications

• At least 6 years of relevant experience.
• Knowledge of payment processing in banking/Financial industry.
• Knowledge of Accounts Payable (AP) and Accounts Receivable (AR).
• GST and withholding tax knowledge.
• Proficiency in Microsoft Office applications.

Responsibilities

• Manage and perform payment and receivable operations.
• Review and approve transactions for accuracy and compliance.
• Prepare financial schedules and reports for auditors.
• Monitor Direct Debit Authorization (DDA) transactions daily.
• Participate in change management initiatives.

Skills

Concur

Microsoft Excel

Accounting Knowledge

Banking Products & Operations

Team Player

High Integrity

Reliability & Responsibility

Strong Communication & Collaboration

Education

Relevant bachelor's degree in Accounting or equivalent

Job description

Job Responsibilities

The primary responsibility of this role is to actively manage and perform the Bank's own payment and receivable operations, including hands‑on processing and serving as a checker to review and approve transactions, ensuring accuracy and compliance throughout the operation. Key duties include preparing payment vouchers, reviewing and approving accounting entries, managing SWIFT messages (incoming and outgoing), processing GIRO local payments and rental payments, and handling invoices. The position also involves daily monitoring and approval of Direct Debit Authorization (DDA) transactions, managing Goods and Services Tax (GST) and withholding tax submissions, reviewing expense reports, maintaining special accounts, and supporting expense administration queries. Additionally, the role is accountable for preparing financial schedules and reports for auditors, Singapore branch and the Head Office, participating in change management and continuous improvement initiatives, and assisting with operational risk reporting.

Payment and Receivable Operations

• Check and review payment vouchers (Instruction Sheets) as needed for general operations.
• Review and approve all accounting entries as a checker and approver.
• Check and approve SWIFT messages in the Bank's system.
• Export GIRO files in the in‑house payment system and process rental payments via the Bank's in‑house system - Melo‑D (Merits).
• Approve transactions in the Bank's G/L system (GBase).
• Prepare or review invoices for trainees and staff on secondment to other Mizuho Branches.

Expense and Accounting Administration Duties

• Monitor DDA (Direct Debit Authorization) transactions daily.
• Approve new DDA transactions in the Bank's platform - Smile Web (G3 Inward‑Auto Book).
• Check GST Reverse Charge and submit withholding tax (IR37) through the IRAS portal.
• Review expense reports from BPS and Gbase.
• Approve new staff and vendor account details in BPS.
• Create new accounts and cost centres in BPS and GBase.
• Maintain and monitor special accounts, such as suspense payments/receipts, CIP, security deposits, prepayments, and accrual transactions.
• Assist with and respond to queries related to expense administration.
• Prepare schedules for auditors and answer their queries.
• Support IOP (Internal Operating Procedures) revisions.

Expense Reporting

• Review daily reports.
• Prepare and review monthly, quarterly, bi‑annual, and annual reports for Finance Control and Reporting (FCR) and Head Office.

Change Management & Projects, Continuous Improvement & Controls

• Participate in the Bank's change management initiatives and projects involving CPC expense operations (including UAT, testing, meetings, etc.).
• Continuously enhance team processes and controls.
• Report and help resolve operational risk issues, errors, and control gaps.

Job Requirements

• Relevant bachelor's degree in Accounting or equivalent
• At least 6 years of relevant experience
• Knowledge of payment processing in banking/Financial industry
• Knowledge of Accounts Payable (AP) and Accounts Receivable (AR)
• GST and withholding tax knowledge
• Proficiency in Microsoft Office applications

Skills & Tools

• Concur: Experience with expense and invoice management systems.
• Microsoft Excel: Strong skills in data organization and analysis.
• Accounting Knowledge: Solid understanding of accounting principles and practices.
• Banking Products & Operations: Familiarity with payments, SWIFT (ISO20022), and related banking processes.
• Team Player: Able to work well in a collaborative team environment.
• High Integrity: Maintains confidentiality and demonstrates strong ethical standards.
• Reliability & Responsibility: Dependable and mature, consistently follows through on commitments.
• Strong Communication & Collaboration: Excellent verbal and written communication skills; able to work effectively with colleagues across departments.