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UOB

VP, PFS Business Finance – Expense Analyst, Group Finance

Reposted 6 Days Ago
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In-Office
Singapore, SGP
Senior level
In-Office
Singapore, SGP
Senior level
The VP of PFS Business Finance will manage month-end closing for expenses, analyze data, forecast expenses, and oversee the budgeting process while ensuring adherence to policies.
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Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

  • Manage the month end closing for expenses and headcount; Prepare monthly expenses and HC reports
  • Analyse expenses (direct and indirect) and headcount using driver-based approach
  • Work with stakeholders to forecast expenses and identify cost saving opportunities
  • Manage the budgeting process for expenses and headcount
  • Ensure adherence to bank expense policies
  • Handle all operational expense related matters (eg budget transfer, accruals, GST, Capex, PEMS related queries etc.)
  • Manage PME cost allocation ensuring drivers behind allocation is relevant and current
  • Staff Engagement Fund Coordinator; reviewing claims submission and forward for payment processing.
  • Review of monthly wealth sales commission accruals prior to submission to payroll.  Provide strategic oversight of the wealth sales commission framework, evaluating its reasonableness, financial affordability, and long‑term sustainability in supporting overall business performance. 

Job Requirements

  • Degree in Finance or Business more than with 8 years of working experience in banking industry.
  • Highly motivated, strong analytical skills, meticulous and able to work under pressure.
  • Good team player and able to work independently.
  • Excellent interpersonal and communication skills to work effectively with business partners in regional countries.

Demonstrated competency with analytical tools (eg. Excel etc.) and an understanding of financial reporting practices will be beneficial.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Apply now and make a Difference

HQ

UOB Singapore, Singapore, SGP Office

80 Raffles Place, Singapore, Singapore, 048624

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