Finance Operations Specialist (1-Year Contract)

OCBC Bank; Singapore; On-site; SGD 60,000 - 90,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Professional development opportunities

Community initiatives

Job summary

OCBC Group in Singapore is seeking a Finance Operations Specialist to ensure the smooth operation of financial systems and processes. You will review vendor invoices, staff expense claims, and manage GST and withholding tax accounting, while supporting month-end closing and intercompany settlements.

You will work with Finance, Risk, and Compliance teams to identify improvements and uphold internal controls.

Qualifications

• A degree in finance, accounting, or a related field, with at least 2 years of experience in finance operations is preferred.
• Prior experience in Accounts Payable, staff claims processing, and account reconciliation would be advantageous.
• Strong analytical and problem solving capabilities, with keen attention to detail and effective communication skills.
• Demonstrated ability to collaborate effectively with cross functional stakeholders, including Finance, Risk, and Compliance functions.
• Well developed time management skills, with the ability to manage competing priorities and meet tight reporting deadlines.
• Positive attitude, willingness to learn, and a commitment to continuous improvement.

Responsibilities

• Review and process vendor invoices and staff expense claims to ensure compliance with internal policies, procedures, and regulatory requirements.
• Perform GST and withholding tax accounting for invoices and staff claims, ensuring accuracy and adherence to applicable tax regulations.
• Manage billing, reconciliation, and settlement of intercompany transactions with subsidiaries and overseas branches, ensuring timely and accurate processing.
• Investigate and resolve routine operational issues and escalate them to supervisors when required.
• Support month-end closing activities, including journal preparation, accrual processing, and account reconciliations.
• Participate in process improvement initiatives to enhance efficiency, accuracy, and operational effectiveness.
• Assist in maintaining compliance with finance policies, procedures, and internal control requirements.
• Perform other finance operations and administrative duties as assigned.

Skills

Analytical thinking

Problem solving

Attention to detail

Communication skills

Cross-functional collaboration

Time management

Education

Degree in finance or accounting

Job description

About Us

WHO WE ARE: As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Why Join

As a Finance Operations Specialist at OCBC, you'll play a critical role in ensuring the smooth operation of our financial systems and processes. You'll have the opportunity to work with various stakeholders, identify areas for improvement, and implement changes that drive efficiency and effectiveness. If you enjoy problem-solving and are passionate about process improvement, this role is for you.

What you do

Review and process vendor invoices and staff expense claims to ensure strict compliance with internal policies, procedures, and regulatory requirements.

Perform GST and withholding tax accounting for invoices and staff claims, ensuring accuracy and adherence to applicable tax regulations.

Manage billing, reconciliation, and settlement of intercompany transactions with subsidiaries and overseas branches, ensuring timely and accurate processing.

Investigate and resolve routine operational issues and escape them to supervisors when required.

Support month‑end closing activities, including journal preparation, accrual processing, and account reconciliations.

Participate in process improvement initiatives to enhance efficiency, accuracy, and operational effectiveness.

Assist in maintaining compliance with finance policies, procedures, and internal control requirements.

Perform other finance operations and administrative duties as assigned.

Who you are

A degree in finance, accounting, or a related field, with at least 2 years of experience in finance operations is preferred.

Prior experience in Accounts Payable, staff claims processing, and account reconciliation would be advantageous.

Strong analytical and problem‑solving capabilities, with keen attention to detail and effective communication skills.

Demonstrated ability to collaborate effectively with cross‑functional stakeholders, including Finance, Risk, and Compliance functions.

Well‑developed time management skills, with the ability to manage competing priorities and meet tight reporting deadlines.

Positive attitude, willingness to learn, and a commitment to continuous improvement.

What we offer

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry‑leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly‑owned subsidiary, Bank of Singapore, which operates on a unique open‑architecture product platform to source for the best‑in‑class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.