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MGR/AVP, Business Management - Financial Operations (incl. Invoice Processing), Group Corporate Services

Posted 1 months ago

Job Description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Why Join

An important SME and Team Member within the Group Corporate Services (GCS) Business Management- Financial Operations Team, primarily (but not limited to) covering activities around GCS Financial Operations including Invoice Processing and Cost Recoveries for both GCS BAU and Projects.

How it works

This role will work closely with the GCS Head, Heads of the Central Procurement Office (CPO) and Corporate Real Estate (CRE) and their Team Leads, as well as key internal stakeholders in Group CFO Office (e.g., Group Finance AP, Divisional Office, etc.).

You should come with strong financial management and financial operations experience in the financial services industry and ideally with some substantial experience within Business Management, Finance, and/or Corporate Services type functions.

What you do

  • Support the GCS leadership team in all aspects of financial operations and analysis including financial controlling, invoice management, allocations & recoveries, and analysis and reporting on associated financial information.

  • Support the Invoice Management Operations including invoice review and validation, accrual management, handling of invoice disputes, coordination with Finance Accounts Payables, and liaising with Divisional Procurement Requesters (for centralised Catalogue Items invoices).

  • Perform monthly accruals for GCS BAU and CRE Projects, including determining accruals from various GCS managed vendors and tracking of accruals against actual invoice payments.

  • Participate in providing inputs to annual budgeting exercise (OP – Operational Planning) for GCS

  • Perform CRE Project Accounting including calculations of OPEX and CAPEX Projections by working closely with CRE Project Managers

  • Drive and support various Cost Management Initiatives across GCS

  • Work on internal allocation and recoveries of GCS related costs to respective Business Units/Departments within OCBC SG / Bank of Singapore (BOS)

  • Identify, investigate, and highlight major monthly invoice variances and trends, and provide actionable insights to the GCS management team.

  • Ensure timely delivery of various GCS financial reports (covering BAU and CRE Project financials and Invoices)

  • Review, develop and enhance MIS reports on an on-going basis to ensure fit-for-purpose and their effectiveness to the recipients.

  • Work on various GCS A.D.D. (AI, Data, Digitisation) initiatives such as PowerBI dashboards, Financial Management Process improvements, etc.

Who you are

  • Bachelor’s degree in Finance/Accounting

  • Advanced Microsoft Office skills (especially Excel)

  • Strong analytical skills with ability to highlight key variances and trends

  • Experience in ERP (Enterprise Resource Planning), Procurement, Invoicing, Accounts Payables Tools and Systems

  • Resourceful in data gathering and presenting information in a constructive manner

  • Prior experience with Reporting Tools (Qlikview, Power BI, Python) would be a definite plus

  • Able to thrive in a fast-paced environment and can adapt to the demands of a diverse culture with a high rate of change

  • Positive attitude and good learning ability with great attention to detail and multitasking

  • Good communication skills and stakeholder management skills

  • Prior experience in Finance domain.  Corporate Services experience would be a plus.

What we offer:


Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

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MGR/AVP, Business Management - Financial Operations (incl. Invoice Processing), Group Corporate Services at Ocbc | Renata