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Open nowPosted 20 days ago

Assistant Finance Manager – Banking

MyCareersFuture94,028 open roles

Pay
SGD 6,000 – SGD 8,000 a month
Where
Central, Singapore
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Your applicationOpen nowAssistant Finance Manager – BankingMyCareersFuture · Central, Singapore

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The clock on this job

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Share of postings closed within
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  2. 3.3%3 days
  3. 7.7%7 days
  4. 14.0%14 days
  5. 33.7%30 days
This job: posted 20 days ago

The posting

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.
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