Finance & Accounting - Financial Accounting
Job Description
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JOB PURPOSE:
To ensure prompt submission of accurate reports to Head Office, Regulators and Tax agent. Ensure accurate and timely processing of staff reimbursement, and Vendors payments
PRINCIPAL ACCOUNTABILITIES:
Prepare the following reports to be reviewed by Team Head/Head of Finance & Accounting:
Daily/Monthly/Quarterly
Reconciliation of All Nostro Accounts and timely follow-up of outstanding reconciling items.
Preparer of Journal entries for bank charges and interest income on a regular basis for the above Nostro Accounts. (Bi-weekly)
Reimbursement of Branch’s staff claims timely
Processing of Branch’s Vendor Payments/Journal entries
Processing of Interco billing from HK branch including settlement of the billing.
Weekly GIRO run for Bulk Payment to Vendors and Staff Claims
Manage SG Branch’s funding for all payments of the Branch
Processing of monthly payroll entries
Daily End of Day suspense check, and follow up with stakeholders for unreconciled items
Preparer of Monthly/Quarterly HO reporting, and ensure accuracy and completeness:
Preparer of Monthly/Quarterly HO reporting, and ensure accuracy and completeness:
MB-8 Breakdown of Inter-Branch Accounts
MB-11 Analysis of Related Parties
MB-16-Analysis of Customer Deposits
MB-18-CNY Business Statistics
QB-11-Breakdown of Call Loans to Banks
QB-16-Details of Non-Performing Assets Written Off
Yearly
To assist in the preparation of disclosures on Annual Financial Statements
Involve Nostro reconciliation automation project
Involve in the SAP Upgrade Project
To perform any other duties as may be assigned by the superior from time to time
KEY COMPETENCIES:
Financial accounting skills
Knowledge and understanding of the SAP and FCC Systems
Knowledge and understanding of Singapore Income Tax requirements, International Accounting Standards, Financial Reporting Standards in Singapore (‘FRSs’), and internal management reporting requirements
PC skills, especially Microsoft Excel, Microsoft Access and Powerpoint
Administrative (filing/archiving), interpersonal and communication skills