VP, Support Unit Business Finance Partner, Group Finance

1 week ago

Singapore DBS Bank Limited Full time $104,000 - $130,878 per year
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.

The bank is also a certified Accredited Training Organisation (ATO) for the Singapore Qualification Programme by the Singapore Accountancy Commission and an Association of Chartered Certified Accountants (ACCA) Approved Employer.

Role Description

Partnering closely with Support Units, you will drive day to day operational and financial responsibilities including performance management and financial processes/ MIS delivery, governance, risks and controls. You will work closely with the respective unit heads, leads and their planning teams to support the productivity & optimization agenda.

Responsibilities

Main functional responsibilities and deliverables:
  • Performance management and business partnering:
    • Work closely with Support Units in areas of financial analysis and MIS, drive deeper data insights for cost/ expense drivers
    • Improve clarity and transparency in financial reporting, evolve MIS to suit business needs
    • Support regional SU strategies with a financial lens
    • Partner across the region to ensure consistency across locations
    • Manage resource/ FTE trends within units
  • Forecasting & Budgeting
  • Business cases & Contract management:
    • Work closely with unit planners/ initiative owners to refine business cases, incl investments & benefits quantification; monitor initiative financials
    • Critically review contract proposals for business, incl. assessment for business needs, appropriate governance and approvals, save quantification
  • Direct Billing / Recharges: ensure appropriate governance & understanding of cross border charges for services provided by regional teams with the country SU teams; work with Tax for Audit/Assessment
  • Cost allocation: ensure allocations and associated data provide a meaningful representation of allocations to Business Units, Segments and Products
  • Efficiency: lead process automation efforts to drive efficiency within Support Unit Finance team
Successful candidate will start with managing portfolios such as Marketing, Support Unit technology initiatives etc, and scope may evolve as work demands/ requirements change.

Requirements
  • >8 years of experience preferably in banking and finance
  • Experience with business and financial planning, forecasting and budgeting, accounting
  • Ability to work with data sets
  • Ability to balance the local vs. regional requirements and work effectively in a matrixed organisation
  • Experience in cross border billing / recharges / processes/ technology systems and finance databases
  • Keen eye for detail
  • Clearly articulates assumptions and underlying issues with well-thought-through reasoning
  • Work independently with a strong sense of ownership, self-starter and focus to drive outcomes
Apply now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

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