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.