Graduate Trainee

5 days ago

Singapore COMMERZBANK AKTIENGESELLSCHAFT Full time

**Job purpose**:
The Graduate Trainee Program is designed for recent graduates to gain broad experience in Group Finance.The individual will be responsible for performance management and local reporting in respect of the applicable branches and subsidiaries in Asia.

The key focus will be on the following areas:

- Delivery of revenue and cost management reporting suite for Corporate Clients and Treasury, and ensuring continuous improvements to current processes
- Provide primary support to the Cost Allocation process and Head Office Reporting requirements.
- Support the Multi-year planning (MYP) process
- Develop business profitability and insights to support business steer and growth initiatives
- Enhance Finance support to business partners by improving linkages between management reporting and strategic agendas
- To assist the department in meeting its overall objectives and to contribute ideas to meet the requirements of the Finance Department
- To be fit and proper and act with integrity in accordance with the Bank’s Code of Conduct
- To ensure that global policies and local regulations are adhered to at all times and are kept up to date with any developments in the business

**Key activities**:

- Preparation and delivery of monthly management reports according to scheduled timelines, whilst ensuring accuracy and completeness of financials at all times
- Provide local management and business units with controlling relevant information including meaningful commentary for the entity and respective business units with a focus on Cost
- Identify operational / control deficiencies and work with relevant teams to ensure appropriate control processes and procedures are in place
- Develop and maintain a well-rounded understanding of business performance and where required, provide insightful commentary on business drivers
- Support GM-F in various monthly processes including revenues and cost allocations to facilitate Segmental Reporting (SPOT) as well as Head Office / Local Reporting needs
- Ongoing review and improvement of processes to generate efficiencies
- Work on other governance, ad hoc and Finance-related projects as and when necessary

**Formal education**:

- Degree Holder in Finance or Accounting (or the equivalent)
- Recent graduates with not more than 1 year of professional work experience (excluding internships)

**Specialist knowledge (work experience, further qualification)**:

- Able to work with minimum supervision and under time pressure with tight deadlines
- Good analytical skills, meticulous and keen eye for details
- Good communication skills both written and verbal
- Process orientated with ability to analyse and recommend / drive improvements
- Service-oriented to key clients and stakeholders
- Proficient in Excel and SAP knowledge beneficial

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