Assistant ManagerSenior Executive, Finance (Bank Reconciliation)
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Job Location:
Monthly Salary:
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Job Summary
Description
Key Responsibilities include:
- Perform and review daily/monthly bank reconciliations
- Investigate and resolve discrepancies and variances
- Process manual journal entries relating to banks in SAP system
- Ensure all bank-related transactions are properly accounted for and outstanding items are cleared up on a timely basis
- Liaise with relevant stakeholders on adjustments queries & variances
- Support UAT and system enhancements
- Prepare reconciliation statements and reports
- Assist during audits and respond to queries
- Oversee and review daily and monthly bank reconciliation activities performed by the team
- Validate accuracy and completeness of reconciliations journal entries and variance resolutions
- Lead testing and quality assurance for system enhancements process changes and UAT activities
- Drive automation and process improvements to enhance efficiency and reduce risk
- Manage cash flow forecasting and fund transfers
- Ensure compliance with regulatory requirements and internal policies
- Serve as escalation point for complex issuesand partner with business units to resolve reconciliation issues and improve end to end processes.
- Liaise with auditors regulators and internal stakeholders on reconciliation and treasury matters
- Prepare and review reconciliation statements
- Act as deputy for the Bank Reconciliation ensuring continuity of operations
- Supervise mentor and provide coaching for junior team member
Qualifications:
- At least4-5 years of experience in Finance/Accounting role
- Possess a Degree/Diploma in the field of Finance/Accounting
- Advanced knowledge of SAP and proficiency in Microsoft Excel
- Good analytical and problem-solving skills
- Strong expertise in bank reconciliation cash management and financial controls
- Proven ability to lead teams is highly preferred and drive process improvements
- Proven experience in managing projects and leading UAT/testing activities
Required Experience:
Manager
Key Skills
- Clinical Research
- Accounts Management
- Delivery
- Drafting
- HR
- Document Management
About Company
Income Insurance is Singapore's leading provider of Life, Health, Travel & Car Insurance as well as savings, investment and retirement plans. Get started online!
