Business Function
Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.
Job purpose
Managing day-to-day activities of Finance and Accounting and assigned tasks including SBV reporting, management reporting, tax, business finance.
Responsibilities
- Finance management
- Perform financial management including generating financial data, compiling and submitting reports, analyzing business trends and assessing the financial data.
- Producing financials on a monthly basis, quarterly and annual which provide an insight to the branch management of the financial performance of the Branch.
- Ensuring production and filing of accurate financial records in compliance with local and DBS accounting standards.
- Support HoF in daily financial operations and collaboration with key stakeholders.
2. Business Finance and Finance Advisory
- Responsible to produce insightful analysis of business, business planning, forecasting, product, and customer profitability to support decision making of management. Assisting annual budget exercise with BUs.
- Providing business finance support for new projects; financial cases review, and performing financial modelling impact analysis
- Preparing presentation decks for management with insightful commentaries and key messages
- Providing advice and supporting to business about tax, accounting policy and financial controls
- Monthly preparation of monthly business reviews with regional and / or business unit heads
- Managing and achieving financial target and objectives, ensuring compliance with internal policies and procedures.
3. Reporting
- Ensuring production and filing of accurate and timely reports to statutory authorities (SBV, tax, ICAAP) while ensuring compliance with regulations, including Prudential Ratios.
- Management Financial Reporting Perform Monthly Performance Analysis on end-to-end P/L (including capital).
4. Management of audit and tax:
- Ensuring to audit report and annual tax returns submitted on time as well as comply with regulatory requirements and tax commitments.
- Establishing and maintaining good relationships with regulators
- Working with tax consulting, regional tax for all questions relate to business, contract, or a specific operation.
5. New local regulations
- Ensuring all the changes/new on the regulations will be implemented on time (updated FPT system, updated mapping between Group and SBV requirements)
- Updating internal policies and identify financial risks, developing implementation of the financial management and accounting systems, financial policies and procedures.
Requirements
- Recognized degree in Accounting or Finance or relevant major is a plus.
- At least 8-10 years relevant working experience in a banking environment / audit background.
- Strong experience Tax/ SBV/ICAAP reporting / MIS / Business Finance.
- Strong multi-task, ability to work independently and under pressure. Able to propose new ideas for continuous improvement.
- Good working knowledge of Excel, PowerPoint, and Access
- Attention to details, Good interpersonal / communication, presentation skills to liaise with local and regional stakeholders / management.
- Takes accountability and demonstrates commitment towards achieving outcomes.
- Proficiency in both written and verbal communication in Chinese to manage mandarin speaking customers
