Manager, Accounting & Regulatory Reporting (Perm)

PERSOLKELLY SINGAPORE PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading financial institution in Singapore is seeking a candidate experienced in financial operations and regulatory reporting. The successful applicant will oversee financial closing, prepare statements, and ensure compliance with accounting standards and regulations. A degree in Accounting or a related field and 5 to 10 years of relevant experience are required. This role offers an equal opportunity to all qualified candidates.

Qualifications

• 5 - 10 years of relevant experience in finance operations, regulatory reporting and compliance in banking industry.
• Knowledge of accounting standards, regulations (e.g IFRS, SFRS, MAS) and tax.

Responsibilities

• Responsible for the Bank's financial closing and reporting.
• Prepare monthly, quarterly and annual financial statements.
• Ensure accurate and timely regulatory returns and compliance reporting.

Skills

Advanced knowledge of MS Excel

Excellent communication skills

Analytic mindset

Education

Degree in Accounting, Finance or related field

Chartered Accountant / CPA / ACCA or equivalent

Tools

Microsoft Dynamics

Vermeg system

Job description

Key Responsibilities:

Accounting

• Responsible for the Bank’s financial closing and reporting, in accordance with Singapore Financial Reporting Standards
• Monitor and analyze financial transaction data and check for compliance
• Prepare monthly, quarterly and annual financial statements and check monthly bank reconciliation report
• Develop and prepare monthly management report for management team including for Head Office
• Prepare annual reports and liaise with external auditors on audit and financial statement preparation
• Monitoring, analyzing and preparing reporting of financial ratios including earnings, net interest margin and etc.
• Prepare monthly forecasts / projections to management team
• Prepare budgeting and oversee annual budget items
• Manage and periodically update the Bank’s accounting policies
• Liaise with tax agents on tax related matters (e.g tax computation, GST filings, withholding tax, etc)

Regulatory Reporting

• Responsible for preparation/review/delivery of MAS regulatory returns (e.g MAS Notice 610, MAS notice 649, etc) and compliance reporting to MAS and internal management
• Ensure that all regulatory returns and compliance reporting are prepared accurately and timely, and in compliance with regulatory and statutory requirements
• Address queries from the regulators, follow up and resolve any issues relating to regulatory reporting
• Implement, manage and periodically update the Bank’s regulatory procedures
• Oversee and work with consultants on Bank accounting /regulatory reporting system
• Handle ad-hoc assignments when necessary

Key Requirements:

• Degree in Accounting, Finance or related field
• 5 - 10 years of relevant experience in finance operations, regulatory reporting and compliance in banking industry
• Advanced knowledge of MS Excel
• Knowledge of accounting standards, regulations (e.g IFRS, SFRS, MAS) and tax
• Excellent communication skills and analytic mindset
• Familiarity with Microsoft Dynamics / Vermeg system would be an advantage
• Chartered Accountant /CPA / ACCA or its equivalent would be an advantage

We are an equal opportunities employer and welcome applications from all qualified candidates.