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OCBC Bank

Finance Operations Specialist (1-year Contract)

Posted 2 Days Ago
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In-Office
Singapore, SGP
Junior
In-Office
Singapore, SGP
Junior
As a Finance Operations Specialist, you'll manage financial processes such as invoice validation, tax accounting, and intercompany transactions, ensuring compliance and enhancing efficiency.
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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.

Why Join

As a Finance Operations Specialist at OCBC, you'll play a critical role in ensuring the smooth operation of our financial systems and processes. You'll have the opportunity to work with various stakeholders, identify areas for improvement, and implement changes that drive efficiency and effectiveness. If you enjoy problem-solving and are passionate about process improvement, this role is for you.

How you succeed

To succeed in this role, you'll need to have a deep understanding of financial operations and a keen eye for detail. You'll work closely with various teams to identify and resolve issues, implement process improvements, and ensure compliance with regulatory requirements. Your analytical skills, attention to detail, and ability to communicate effectively will be essential in driving success in this role.

What you do

  • Review and validate vendor invoices and staff expense claims to ensure strict compliance with internal policies, procedures, and regulatory requirements.

  • Perform GST and withholding tax accounting for invoices and staff claims, ensuring accuracy and adherence to applicable tax regulations.

  • Manage billing, reconciliation, and settlement of intercompany transactions with subsidiaries and overseas branches, ensuring timely and accurate processing.

  • Monitor and resolve issues arising from day-to-day BAU activities, escalating where necessary, and driving corrective actions and process enhancements.

  • Prepare and review general ledger reconciliations and expense reports to ensure completeness, accuracy, and proper financial control.

  • Support month-end close processes, including journal postings, accruals, and variance analysis.

  • Actively contribute to continuous improvement initiatives, strengthening controls, efficiency, and scalability of processes.

  • Support the development, enhancement, and enforcement of finance policies, procedures, and control frameworks.

Who you work with

Group Finance is where your acumen will not only help deliver robust financial analysis but also influence business decisions, enable efficiencies and steer growth. The team here go beyond the numbers to add value and inform strategy, evaluate opportunities, uphold integrity and engage with stakeholders on performance and development. Along the way, they enjoy the kind of broad perspective that can take a banking career anywhere.

Who you are

  • Bachelor’s degree in finance, Accounting, or a related discipline, with at least 2 years of relevant experience in finance operations.

  • Prior experience in Accounts Payable, staff claims processing, and account reconciliation would be advantageous.

  • Strong analytical and problem-solving capabilities, with keen attention to detail and effective communication skills.

  • Solid understanding of financial systems, processes, and controls, including accounting and reporting frameworks.

  • Demonstrated ability to collaborate effectively with cross-functional stakeholders, including Finance, Risk, and Compliance functions.

  • Well-developed organizational and time management skills, with the ability to manage competing priorities and meet tight reporting deadlines.

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.

HQ

OCBC Bank Singapore, Singapore, SGP Office

65 Chulia St, Singapore, Singapore, 049513

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