Finance Reporting Associate

Job Duties

Regulatory reporting:

1. Prepare and monitor regulatory prudential ratios and limits.
2. Prepare MAS regulatory returns (relevant to a locally incorporated Merchant bank) and surveys issued by MAS and Department of Singapore Statistics.
3. Pro-actively challenge status quo and identify opportunities for improved efficiency in processes and effectiveness in prudential ratios.
4. Assist in maintaining contemporaneous documentation of the definition and interpretation to be applied internally (including data sources) for the relevant banking and regulatory requirements to be reported or maintained by the Bank.

Financial reporting:

1. Prepare monthly, quarterly, and annual IFRS-compliant financial reports centrally for various LGT Asia Pacific (APAC) legal entities on a standalone basis, as required by Group Accounting for consolidation purposes.
2. Drive and centrally implement changes in Group Accounting policies and/or IFRS Accounting Standards, including the implementation of process and system changes as needed.
3. Liaise with Head Office finance stakeholders on reporting submission, implementation of new requirements and address queries related to the submissions.
4. Drive month-end closing processes (e.g., ensure proper accounting cut-off, reconciliation, balance sheet attestations, etc.).
5. Ensure all necessary month-end entries and provisions are made.

Requirements

1. Experience with Avaloq and WKFS reporting system would be an added advantage.
2. Good knowledge of financial accounting (IFRS) and banking products.
3. Strong interpersonal and organizational skills.
4. Ability to work in a fast-paced, rapidly changing environment.
5. Private Banking Experience.