Assistant Vice President – Financial Reporting & Accounting

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