Associate, Specialist, Financial Reporting
- DBS Bank
- 3 to 7 Yrs
- Maharashtra
- 4 months ago
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Job Description
- As a Finance professional in our organization, your primary responsibility will be to deliver world-class standards in reporting, financial planning, and finance processes. You will provide crucial insights and analyses to assist the bank in making sound business decisions, whether it pertains to product development, customer profitability, capital management, business planning, forecasting, or tax and accounting advisory services. Your role will involve handling financial reporting in adherence to IFRS GAAP, Group Reportings, and submissions to our Singapore Head Office. You will work collaboratively in a Finance team with a deep understanding of banking products, financial reporting processes, and accounting GAAPs, including IFRS. Additionally, you should possess a good grasp of core banking systems and accounting setups. Key responsibilities include ensuring timely month-end closing as per accounting guidelines, maintaining control over the overall Trial Balance of the Bank, and preparing and submitting various financial and regulatory reports to the Head office and Singapore regulator, MAS. You will also be tasked with preparing Management Information System (MIS) reports on key areas and providing advice on accounting matters related to banking products based on IFRS norms. Furthermore, you will support the accounting setup in core banking systems for new products, manage the new product approval process, and have a comprehensive understanding of the transaction recording and accounting processes. Coordinating and overseeing statutory and internal audits will also be part of your duties. To excel in this role, you should have experience in Accounting and Financial reporting, a strong understanding of banking products, accounting norms, regulations, and standards, and proficiency in MS-Excel and PowerPoint. Knowledge of IFRS is preferred, along with a focus on process automation and reengineering. As a Chartered Accountant, you are expected to demonstrate accuracy and timeliness in reporting, multitasking abilities, attention to detail, a control-focused mindset, effective communication skills, strong interpersonal abilities, teamwork, the capacity to meet deadlines, and adeptness in handling challenging situations. Your technical competencies should encompass a thorough understanding of banking products, accounting norms, and regulations, proficiency in MS-Excel and MS Office, and a control-oriented approach. You will be required to build effective work relationships by collaborating with various teams, including Technology, Operations, and Business, in addition to liaising within the Finance department and engaging with Senior Management. Your role will be pivotal in ensuring the financial stability and growth of the organization while upholding the highest standards of financial reporting and accounting practices.,
Employement Category:
Employement Type: Full timeIndustry: BFSIRole Category: Not SpecifiedFunctional Area: Not SpecifiedRole/Responsibilies: Associate, Specialist, Financial ReportingContact Details:
Company: DBS BankLocation(s): Maharashtra+ View Contact
Keyskills: Financial reporting banking products PowerPoint Automation MSExcel
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