Manager, Financial Reporting & Control

Job Description

Purpose of the role

The role is responsible for the financial reporting and accounting oversight of non-bank subsidiaries, including the preparation of financial statements, management of accounting records, and coordination with external auditors. The incumbent will also oversee fixed assets and leases accounting, and support property & unlisted equities valuation.

What you will be doing:

Financial Reporting and Control of Non-Bank Subsidiaries

• Manage month-end, quarter-end, and year-end closing processes for non-bank subsidiaries and ensure timely submission of financial information to Head Office, management, and regulators.

• Prepare statutory financial statements, audited accounts, management reports, disclosures, and regulatory returns in accordance with applicable accounting standards and regulatory requirements.

• Liaise with external auditors and coordinate the annual audit process for non-bank subsidiaries.

• Perform financial analysis and provide commentary on key business and financial performance variances for management review.

• Execute financial control activities and coordinate with relevant stakeholders to ensure completeness, accuracy, and integrity of financial reporting.

Fixed Assets and Unlisted Investments

• Manage accounting, valuation, reporting, and record keeping for unlisted investments, including journal postings, analysis, and annual confirmation exercises.

• Oversee accounting and reporting for bank premises, including asset capitalization, depreciation, valuation, analysis, and disposals.

• Manage accounting records for fixed assets, including decoration & fixtures, furniture & equipment, and motor vehicles, ensuring accurate depreciation, analysis, and disposal accounting.

• Prepare Head Office, regulatory (HKMA), and financial statement disclosures relating to fixed assets and investments.

Others

• Participate in system enhancement projects and process streamlining initiatives;

• Participate in ad hoc projects assigned by supervisor.

Who are we looking for:

• Bachelor’s degree or equivalent, preferably from business, accounting, or related discipline with HKICPA

• 2-5 years’ practical experience in financial reporting or management reporting in a reputable financial institution or sizable organisation. Experience in Big 4 or accounting firms a plus.

• Knowledge of accounting standards and financial reporting processes.

• Communication, interpersonal & presentation skills in both Chinese and English. Good command of MS Excel, Word and Powerpoint

• Strong team player, eager to learn and develop a finance career in banking