Associate, Specialist, Financial Reporting And Accounting, Finance

4 days ago

Mumbai, Maharashtra, India DBS Bank Full time

Business Function 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 Requirements - 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 experience in banking Fresh CA with Rank or first attempt will also be considered 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 department

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