Assistant Vice President, Business Finance – CBG and Wealth Management, Finance (Cost Management)

  • Not Specified
  • Hong Kong
  • Permanent, Full time
  • DBS Bank (Hong Kong) Limited
  • 21 Apr 17

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position,

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.

DBS. Living, Breathing Asia.





DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.




Responsibilities 




  • Support all segments and Branch Network business for cost management and planning underpinning revenue growth, profitability, productivity, capital and return by:
    • Providing business finance support for new projects and initiatives (e.g., new product launches, system enhancements; and strategic cost management).

    • Preparing and analyzing Financial performance – Monthly Performance Analysis, Flash and Forecasting, annual Budgeting, etc looking at product level, in areas of revenue, margins, volumes, direct and allocated expenses, headcount.

    • Providing commentaries on MoM, YoY and Vs Budget commentaries as part of Business Review


  • Advice and support Business with regards to accounting policy and financial controls.

  • Advise on daily accounting entries upon request by departments by applying applicable accounting standard, bank policy

  • Facilitate expense management by analyzing and monitoring with relevant support units on cost allocations and review department expenses accruals

  • Co-ordinate with Regional BUC team and Group MIS team for monthly submission of flash and periodic forecast.

Requirements




  • Degree in Accountancy or Finance related discipline

  • CPA or CFA qualification preferred

  • Minimum 5 years of experience in management accounting or financial reporting analysis

  • Finance/accounting knowledge and understanding of business dynamic

  • Possess strong analytical, interpersonal and communication skills

  • Excellent communication skills in English and Chinese 

  • A self-starter, independent and be able to thrive in a fast paced and changing environment

  • Excellent communication skills in English and Chinese 


  • Proficient in Microsoft Excel, Microsoft Access and Microsoft Powerpoint

Apply Now





We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.





We regret only shortlisted candidates will be notified.