AVP, Financial Reporting & Accounting

Job description

Business Function Group 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.

Responsibilities

Responsible for DBS HK entities financial and regulatory reporting process (covering HKMA, SFC and SG MAS regulatory reporting) Oversight the preparation of financial statements in compliance with local accounting standard and HKMA disclosure requirements

• Supervise a team to ensure timely and accurate submission of head office reporting and regulatory returns
• Coordinate financial disclosure and regulatory reporting of the new requirements
• Perform assessment on the accounting and regulatory reporting treatment for current / new products and business
• Perform impact assessment and work with relevant department to implement new accounting standards and regulatory changes Represent Finance in cross bank system implementation and process change
• Drive process streamlining and Gen-AI initiatives with an objective to improve efficiency and enhance control
• Manage internal and external audits, and financial disclosures review Requirements Degree holder in Accounting, Finance or related disciplines and a qualified accountant Minimum 6 years’ relevant experience in financial institutions (primarily locally incorporated banks with SFC licensed entity exposure) or Big 4 audit firms and currently in managerial level
• Strong knowledge on banking products and related accounting and regulatory reporting treatment
• Knowledge on treasury and investment products is preferred Good knowledge on financial control framework for banks Good writing skills, communication and interpersonal skills Experience in driving process streamlining and Gen-AI initiatives is an advantage Attentive to details and accuracy and drive for process efficiency Self-motivated and able to work independently Location: One Island East Job: Finance.

Schedule

Regular Employee Status: Full time