Analyst, Financial

3 weeks ago


Singapore Scotiabank Full time
Requisition ID:

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Contributes to the overall success of the Financial Reporting team in Singapore ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
Accountabilities
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high performance environment and contributes to an inclusive work environment.

Financial Reporting
  • Responsible for entries in Peoplesoft General Ledger and ensure timely and accurate month-end and quarter-end closing.
  • Responsible for timely and accurate preparation of regulatory reports.
  • Responsible for timely and accurate preparation and attestation to BNS Singapore Branch's monthly management information, with investigation and commentary on P&L and Balance Sheet variances.
  • Demonstrates strong understanding of revenue and expenses drivers to provide timely and accurate MIS to support business units' activities.
  • Analysis and reconcile of GST Accounts for the Singapore entities monthly; ensure that booking is correctly recorded in the book. Responsible for timely and accurate preparation of GST returns for Singapore entities quarterly.
  • Maintenance of the BM+ general ledger system. This includes setting up new general ledger accounts when required.
  • Assist in department's ad-hoc projects implementation and departmental matters when required.
  • Contribute to the ongoing review and assessment of Finance EUC files and provide inputs to new initiative requests impacting Finance.
  • Ensure key process documentation is kept and timely updated.
  • Provides support to the department by:
    • Maintains a sound knowledge of all approved operating/accounting procedures of BNS and ensuring compliance thereof;
    • Maintains a sound knowledge of local taxes and ensuring correct application thereof;
    • Identifies and contributes to the implementation of changes in the department to meet Bank / local regulations and / or increase efficiency / accuracy of workflows;
    • Responsible for the creation and maintenance of procedures and strong controls to ensure financial records/submissions internally and externally are accurate and timely (e.g GL maintenance, MAS/IRAS and MTB submission to Head Office).
  • Support any other regulatory or financial reporting related responsibilities for APAC countries as required.

Projects
  • Participate and contribute to various initiatives impacting Finance - e.g. GL or source system implementation.
  • Support and contribute to closures of all external audit and internal audit issues and matters regarding Finance
  • Work closely with manager to identify process improvement opportunities and contribute to the achievement of Target Operating Model

APAC
  • GL Maintenance Mapping
  • Intercompany Expenses and Revenue for Singapore

Experience/Other Information
  • Degree in Accounting/Finance
  • CPA qualification
  • More than 2 years of working experience in the banking sector with strong academic background focusing on business management reporting area
  • Candidates with experience in auditing banks from Big 4 accounting firm will also be considered
  • Good problem-solving skills and strong communication skills with key stakeholders (Business, Senior Management, Regional Finance)
  • Proficient in MS Office (e.g. Excel, Access, PowerPoint) and VBA
  • Independent, well-organised, self-motivated and a team player

Location(s): Singapore : Singapore : Singapore

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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