Specialist, Financial Reporting & Accounting

Specialist, Financial Reporting & Accounting

DBS
Not Specified
Not Specified

Job Description



Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions - whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.
Job Purpose Handle IFRS and group reporting to Singapore Head Office and Singapore regulator

The position ensures:
Working in a Finance team with understanding of banking products and accounting GAAPs including IFRS. Should have a good understanding on core banking systems and accounting set-up.

Key Accountabilities
Fulfil all responsibilities in relation to:
. Financial reporting - To ensure timely month-end closing as per the required accounting guidelines
. Control on overall Trial Balance of the Bank
. Head office reporting - To prepare and timely submit various financial and regulatory submissions to Head office and Singapore regulator, MAS
. Prepare MIS to senior Management on few key areas
. Accounting - To advice and handle the accounting matters related to various banking products as per IFRS norms
. Support the accounting set up in the core banking and accounting system for new products and managing the new product approval process
. Coordinating and handling the statutory and internal audits
Job Duties & responsibilities
- Ensure month-end closure and various reporting.
- Advising accounting and supporting the accounting set-up in the system for new and existing banking products
Required Experience
- Experience in Accounting and Financial reporting
- Well versed with banking products, accounting norms, and regulations and standards.
- Thorough working knowledge of MS-Excel and PowerPoint
- IFRS knowledge is preferred
- Automation and Reengineering of processes
Education / Preferred Qualifications
CA with post-qualification min 8 experience in banking.
Core Competencies
- Accuracy and timeliness in reporting
- Multi-tasking
- Eye for detail
- Control focus
- Good in communication (verbal and written) and Interpersonal Skills
- Strong Team player
- Ability to meet tight deadlines and handle tough situations

Technical Competencies
- Well versed with banking products, accounting norms, and regulations and standards and knowledge of IFRS is preferred
- Thorough working knowledge of MS-Excel and MS Office
Work Relationship
- Comfortable networking with other teams and with own team
- Regularly interacting with Technology, Operations and Business
- Liaising within Finance along with Senior Management within the departmentIndia-Maharashtra-Mumbai

About DBS

DBS, a leading financial services group headquartered in Singapore, operates across 18 markets. We are an Asia-centric commercial bank focused on harnessing the region’s long-term potential as the centre of economic gravity shifts eastwards to Asia.
A frontrunner in digital transformation, we seek to deliver a new kind of banking that is so simple, seamless and invisible, that customers have more time to spend on the people or things they care about.
At DBS, we are also a strong advocate of building a sustainable future. Working with partners, we empower people to live larger than themselves. We create avenues that encourage our customers to live socially-conscious; establish platforms to help social entrepreneurs bring their ideas to life; and provide the next generation with opportunities to develop innovative solutions that address sustainability issues.

Job Source : careers.dbs.com

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