Assistant Finance Manager – Banking

Accounting & Regulatory Reporting

• Support the Head of Accounts in maintaining proper financial controls and ensuring the accuracy of accounting records.
• Perform daily accounting operations, including journal entries, reconciliations, expense processing, and month-end closing.
• Prepare and submit MAS regulatory reports (MAS 610, MAS 649, Income & Expenditure, etc.) and Head Office financial statements.
• Monitor key liquidity ratios such as Minimum Liquid Assets (MLA) and Asset Maintenance Ratio (AMR) to ensure MAS compliance.
• Prepare and file GST reports to IRAS accurately and on time.
• Maintain and update the fixed asset register in accordance with accounting standards.
• Compile financial data and analyses for monthly ALCO meetings and management discussions.

Financial Planning & Analysis

• Assist in preparing the annual budget, financial forecasts, and variance analysis.
• Provide financial insights and analytical support to management and Head Office.
• Participate in internal performance reviews and contribute to process improvement initiatives.

Audit, Compliance & Collaboration

• Liaise with internal/external auditors, Head Office, and regulatory authorities, providing accurate and timely information.
• Collaborate with other departments to ensure the integrity and efficiency of financial processes.
• Take ownership of assigned tasks and contribute to team projects and operational enhancements.

Professional Development & Team Support

• Act as Deputy to the Head of Accounts when required, ensuring smooth financial operations.
• Demonstrate strong interpersonal skills in coordinating with both internal and external stakeholders, fostering a cooperative work environment.
• Exhibit a willingness to learn, adapt to new systems and reporting requirements, and continuously build technical and leadership competencies.
• Show a proactive “can-do” attitude and readiness to take on diverse responsibilities in a small but dynamic team.

Job Requirements

• Bachelor’s degree in Accounting from a recognized university (Finance major alone will not be considered).
• Minimum 5 years of relevant accounting experience, including at least 3 years in the banking or financial services industry.
• Sound understanding of MAS reporting requirements (MAS 610, MAS 649) and local accounting standards.
• Strong grasp of budgeting, financial analysis, and internal control principles.
• Advanced proficiency in Microsoft Excel and financial reporting tools.
• Excellent communication and interpersonal skills to work effectively across teams and with senior management.
• Willingness to learn and continuously improve through guidance, self-development, and hands-on experience.
• Professional accounting qualification (CPA, ACCA, CA Singapore) or prior experience at a Big 4 audit firm will be an advantage.
• Meticulous, reliable, and adaptable, with the ability to work independently and as part of a collaborative team.