Financial Reporting - Manager
At a glance
Manager-level Accounting role at Ocbc. OCBC Hong Kong · full-time.
Pay not stated Accounting salary
financeroles summary, based on the employer's posting.
What you'll do
- Run subsidiary close cycles and send financial information to Head Office, management and regulators on time
- Prepare statutory statements, audit accounts, management reports and regulatory filings under relevant accounting rules
- Coordinate subsidiary audits with external auditors and explain significant business and financial variances to management
- Keep unlisted investment and fixed-asset records accurate, including valuations, depreciation, postings and disposals
- Prepare disclosures for Head Office, HKMA and financial statements, and contribute to system and process improvements
What you bring
- A bachelor’s degree or equivalent, preferably in business, accounting or a related discipline, with HKICPA
- Two to five years of financial or management reporting experience at a financial institution or sizable organization
- Working knowledge of accounting standards and reporting processes, plus strong Excel, Word and PowerPoint skills
- You can communicate and present in both Chinese and English
Who this fits
This manager role suits someone building a banking finance career who can take ownership of subsidiary reporting, fixed assets and investment accounting. It involves coordination with auditors and stakeholders, as well as contributing to projects and process improvements.
From the employer
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.
Purpose of the role
The role is responsible for the financial reporting and accounting oversight of non-bank subsidiaries, including the preparation of financial statements, management of accounting records, and coordination with external auditors. The incumbent will also oversee fixed assets and leases accounting, and support property & unlisted equities valuation.
What you will be doing:
Financial Reporting and Control of Non-Bank Subsidiaries
Manage month-end, quarter-end, and year-end closing processes for non-bank subsidiaries and ensure timely submission of financial information to Head Office, management, and regulators.
Prepare statutory financial statements, audited accounts, management reports, disclosures, and regulatory returns in accordance with applicable accounting standards and regulatory requirements.
Liaise with external auditors and coordinate the annual audit process for non-bank subsidiaries.
Perform financial analysis and provide commentary on key business and financial performance variances for management review.
Execute financial control activities and coordinate with relevant stakeholders to ensure completeness, accuracy, and integrity of financial reporting.
Fixed Assets and Unlisted Investments
Manage accounting, valuation, reporting, and record keeping for unlisted investments, including journal postings, analysis, and annual confirmation exercises.
Oversee accounting and reporting for bank premises, including asset capitalization, depreciation, valuation, analysis, and disposals.
Manage accounting records for fixed assets, including decoration & fixtures, furniture & equipment, and motor vehicles, ensuring accurate depreciation, analysis, and disposal accounting.
Prepare Head Office, regulatory (HKMA), and financial statement disclosures relating to fixed assets and investments.
Others
Participate in system enhancement projects and process streamlining initiatives;
Participate in ad hoc projects assigned by supervisor.
Who are we looking for:
Bachelor’s degree or equivalent, preferably from business, accounting, or related discipline with HKICPA
2-5 years’ practical experience in financial reporting or management reporting in a reputable financial institution or sizable organisation. Experience in Big 4 or accounting firms a plus.
Knowledge of accounting standards and financial reporting processes.
Communication, interpersonal & presentation skills in both Chinese and English. Good command of MS Excel, Word and Powerpoint
Strong team player, eager to learn and develop a finance career in banking
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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