Financial Reporting, AVP

  • Negotiable
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Morgan McKinley Hong Kong
  • 13 Apr 18 2018-04-13

As a global professional recruitment consultancy, Morgan McKinley connects specialist talent with leading employers across multiple industries and disciplines. We have established ourselves as a preferred supplier to many of the major players in our specialist sectors, as well as with thousands of smaller local employers. In Hong Kong, we recruit within the following sectors: Accounting & Finance, Banking and Financial Services, Human Resources, IT, Risk, Compliance, Legal & Audit, Office Support and Sales & Marketing.

Position Description

The candidate is required to prepare and review of regulatory reporting for banking entities. This role would require:

  • Accurate interpretation of financial products;
  • Implementation accounting standards - US GAAP and IFRS;
  • Ability to prepare and analyze financial statements;
  • Preparation and review of consolidated reports for head-office submission;
  • Prepare inputs to be submitted for US regulatory reporting, etc.

Key Responsibilities

  • Ensure current and new accounting standards are appropriately understood, interpreted and implemented for Hong Kong banking entities
  • Review financial/MIS reports to ensure compliance with accounting standards with ability to analyze financial results
  • Oversee and ensure efficient progress of existing projects
  • Enhance control and efficiency in process flows
  • Participate in new product reviews to ensure appropriate inclusion in accounting and reporting while being proactive to identify impact to key ratios and regulatory reporting
  • Liaise with regulators, auditors, business units and support groups to handle any issues, etc.

Key Requirements

Product Knowledge:

  • Qualified accountant or equivalent professional qualification;
  • At least 6-8 years' experience in financial institutions / big 4 audit firms, with significant time in regulatory reporting;
  • Practical working knowledge of International Financial Reporting Standards and US GAAP required
  • Practical working knowledge of banking and fixed income related products, viz., loans, deposits, bonds, currency and interest rate derivatives, incl. complex derivatives and structured products.
  • Regional and global reporting experience preferred, etc.

Personality Traits:

  • Excellent analytical, interpersonal and communication skills;
  • Strong computer skills and Oracle/SAP experiences preferred;
  • Ability to work effectively individually and within a team environment under pressure to meet deadlines;
  • Ability to identify areas of improvement / bringing efficiency and working with the team on them;
  • Good communication and interpersonal skills;
  • Good time management skills, with the ability to manage multiple tasks and deliverables;
  • Attention to detail - "flawless at the basics";
  • Mindset of continuous improvement to develop and progress;
  • Good knowledge of MS-Excel skills, etc.