Chief Accounts Officer, Group Finance
2 weeks ago
Job Summary
">- A highly motivated and detail-oriented Chief Accounts Officer is required to oversee the running of accounts payable functions, providing guidance to team members and resolving issues encountered.
About United Overseas Bank
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of over 500 branches and offices in 19 countries and territories. Our history spans over 80 years, guided by our values – Honorable, Enterprising, United and Committed.
Our Financial Expertise
We support enhanced decision-making to achieve optimal and sustainable financial outcomes for our shareholders. We provide insights into the performance of the Group through financial, regulatory and performance reporting.
Job Responsibilities
- Assist AP Team Lead to oversee the running of accounts payable functions.
- Approval of invoices, journal entries and expense charge-out, ensuring proper authorisation is received and compliance with established policy and guidelines.
- Handle weekly Payment Run process, perform pre-run checks and release payment for GIRO and TT payments.
- Attend to AP common mailbox and users' queries, including Travel & Expense related.
- IFRS16 Leases – ensure that lease contracts are taken in within expected timeline and send monthly reports to overseas branches/non-banking subsidiaries.
- Handle monthly & year-end accrual process and ensure proper accounting of expenses during closing.
- Invoice Tracking and Monitoring – sending of escalation reports to BU Heads for long outstanding invoices.
- Review and manage Key Operational Risks and Controls for AP functions.
- AP Data Analytics and Process Improvement – assist in operational review and proposed initiatives to improve AP's efficiency.
Required Skills and Qualifications
- Degree in Accountancy, Business or Banking & Finance.
- Experience in Accounts Payable functions.
- Able to perform under time pressure to meet payment timelines.
- Good analytical skills, meticulous and well-organized.
- Good communication and interpersonal skills.
- Ablity to work independently as well as in a team.
Estimated Salary Range: SGD 120,000 - SGD 180,000 per annum
This role offers a competitive salary package, excellent career opportunities and a chance to work with a reputable bank in Singapore.
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