Bank jobs in Singapore

A foreign wholesale bank is looking for candidates for the post of Assistant Manager in the Account Department. Successful candidate will :-

1. Collaborate closely with the Head of Account, providing support for various accounting functions tasks, beyond Maker role.
2. Serve as the Deputy when the Head is unavailable.
3. Foster flexibility and readiness to take on more advanced responsibilities and leadership role when needed.

General Accounting tasks

• Supporting the Head of Account in formulating and implementing effective control to ensure proper maintenance of the bank’s account system.
• Maintaining accurate financial records and ensuring the integrity of accounting data through performing daily bank reconciliation, expense processing and checking of daily/month-end report.
• Ongoing monitoring of the bank's daily liquidity status such as Minimum Liquid Assets (MLA), and Asset Maintenance Ratio (AMR) to comply with MAS guidelines.
• Provide accurate and timely information relating to MAS regulatory reports such as MAS 610, MAS 649, Income & Expenditure, etc and Head Office’s reporting.
• Compiling accurate tax information related to GST collected and paid by the bank and ensuring timely submission to the tax authority in Singapore for compliance purposes.
• Maintaining proper recording of fixed assets, ensuring compliance with accounting standards.
• Preparation of data for monthly Asset-Liability Committee (ALCO) meeting, involving updating liquidity positions and other relevant financial data.
• Preparing data required for personal and corporate tax computation.

Other Accounting tasks

• Assist in preparing bank’s annual budget, financial forecasts, and variance analysis.
• Assist in providing financial insights and analysis to support decision-making by the General Manager.
• Attend to queries from Head Office, internal/external auditors by providing accurate financial information.
• Perform and take ownership of additional financial tasks, analysis, or special projects assigned by the Head of Account or the General Manager to support the bank’s operational needs.

• Bachelor’s degree in Accounting only
• Minimum 5 years of relevant experience in accounting, including at least 3 years in the banking or financial services industry
• Familiar with MAS reporting standards (e.g. MAS 610, MAS 649) and local financial compliance requirements
• Strong understanding of accounting GL, budgeting, variance analysis, financial control, and procurement processes
• Proficient in Microsoft Excel and accounting/reporting systems
• Possess a strong “can-do” attitude, with high attention to detail and accountability
• Candidates holding professional accounting certificates (e.g. CPA, ACCA, CA Singapore) or with Big 4 audit firm experience will be given preference
• Employment Type
  • 3-year renewable contract, with strong potential for extension based on performance
• Salary Range
  • SGD 7,000 – 10,000 per month, commensurate with qualifications and experience
• Singaporean and Permanent Resident only