Associate, Expense and Accounting Operations (1 Year Contract)

Mizuho; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

Mizuho is seeking a candidate in Singapore to manage payment and receivable operations, ensuring accuracy and compliance throughout the process. Key responsibilities include reviewing and approving accounting entries and managing Direct Debit Authorizations (DDA).

The ideal candidate will have a relevant bachelor’s degree in Accounting and at least 6 years of experience in the banking or financial industry. Strong knowledge of GST and withholding tax, combined with excellent communication skills, is 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).

Responsibilities

• Manage payment and receivable operations for the bank.
• Review and approve all accounting entries and transactions.
• Monitor and approve Direct Debit Authorization (DDA) transactions.

Skills

Accounting Knowledge

Team Player

Strong Communication

High Integrity

Reliability & Responsibility

Proficiency in Microsoft Office

Education

Relevant bachelor’s degree in Accounting

Tools

Concur

Microsoft Excel

Job description

Overview

About Us Mizuho Bank is the banking subsidiary of Mizuho Financial Group, headquartered in Tokyo, Japan. Mizuho Financial Group, Inc. is the 15th largest bank in the world by total assets of approximately US$2 trillion. Mizuho employs about 55,000 people worldwide and serves clients in over 800 offices throughout the Americas, EMEA, and Asia. Mizuho Bank Singapore Branch has an established local presence with over 50 years of history and serves as the regional hub for the bank's APAC operations.

Auto req I 2085BR

Department Singapore Administration Department

Section Corporate Planning & Coordination

Location Singapore

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.

Success factors in this role include strong expertise in accounting and banking operations, a collaborative team mindset, high integrity, reliability, and excellent communication skills.

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.