First VP, Entity Reporting and Control - Group Accounting Policy, Group Finance

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

United Overseas Bank Limited (UOB) invites applications for a Group Accounting Policy role based in Singapore. You will lead technical accounting guidance for complex matters, shape the Group's accounting policies, and drive the adoption of new and revised reporting requirements across the bank.

The ideal candidate holds a degree in accounting/finance with CA/ACA/ACCA qualification and 10+ years' banking experience, strong IFRS expertise, and excellent stakeholder management and communication

Qualifications

• Degree in Accountancy or Finance required.
• Professional qualification (CA/ACA/ACCA) preferred.
• Minimum 10 years of relevant experience, preferably in banking/financial services.
• Strong IFRS knowledge and ability to apply guidance to complex transactions.

Responsibilities

• Monitor, analyse and assess impacts of new accounting standards.
• Lead implementation of new standards and policy changes across the UOB Group.
• Provide technical accounting advice on complex transactions and new products.
• Partner with Business Units, Finance and other stakeholders to ensure policy consistency.

Skills

IFRS knowledge

Accounting standards

Stakeholder management

Analytical thinking

Technical writing

Communication skills

Presentation skills

Independent working

Education

Degree in Accountancy or Finance

CA/ACA/ACCA qualification

Job description

Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values - Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

Group Accounting Policy is responsible for providing technical guidance on complex accounting matters, establishing and maintaining the Group's accounting policies, and leading the implementation of new and revised financial reporting and disclosure requirements.

Job Responsibilities

• As part of the Group Accounting Policy Team, your primary duties and responsibilities include:
• Monitor, analyse and assess the impact of new and revised accounting standards, interpretations and exposure drafts.
• Lead and coordinate implementation of new accounting standards and policy changes across the UOB Group, including impact assessments, stakeholder engagement and execution planning.
• Provide technical accounting advice and guidance on complex transactions, new products, business initiatives and emerging accounting issues.
• Partner with Business Units, Finance and other stakeholders across the Group to support consistent application of accounting policies.

Job Requirements

• Degree in Accountancy, Finance or related discipline; professional accounting qualification (e.g. CA Singapore, ACA, ACCA).
• Minimum 10 years of relevant experience, preferably within the banking or financial services industry.
• Strong knowledge of IFRS Accounting Standards and financial reporting requirements, with the ability to analyse and apply accounting guidance to complex transactions. Experience with IFRS 9, 10, 15, 16 and 18 would be advantageous.
• Good understanding of banking products and services, including loans, treasury products, derivatives and structured products.
• Strong analytical, problem-solving and technical writing skills.
• Effective stakeholder management, communication and presentation skills, with the ability to influence and engage stakeholders at all levels.
• Self-motivated, proactive and able to work independently as well as in a team in a dynamic environment.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.