Analyst, Financial Management (Technology) (6 months contract)

  • Competitive
  • Singapore Singapore Singapore SG
  • Contract, Full time
  • Bank of Singapore
  • 15 Jul 18 2018-07-15

Analyst, Financial Management (Technology) (6 months contract)

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

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The incumbent will support Operations & Technology in the formulation & management of financial budgets / expenses and other financial-related activities.

Responsibilities

  • Plan, Coordinate and Manage the annual budgeting exercise to determine required financial resources to support Ops & IT and IT Projects.
  • To support Global Head of Ops & Technology in seeking approval for the annual budget and other budgetary requirements through proper analysis, justification and presentation.
  • Review of IT financials.
  • Analysis of variances and deviations between actuals and budget.
  • Tracking current expenditures against budget allocated and proactively highlight potential costs overrun against respective budgets.
  • Manage the charging of IT services which includes computing cost of IT Services to be charged and working with Finance department to ensure charging to appropriate parties.
  • Rview, propose and refine current cost charging model.
  • Manage the monthly reconciliation exercise for balances in internal accounts for IT projects.
  • Develop ad-hoc Expense and Financial Analysis reports based on management requests.
  • Coordinate year-end accruals exercise as required, including determining accruals from various IT units and IT Projects and tracking of accruals against actual payment.
  • Support IT HODs by advising and following up on financial-related matters.


Qualifications
  • Minimum 5 years of working experience in financial management functions in the banking industry, preferably in a Technology Project Management Office set up focusing on project portfolio financials.
  • Strong analytical and presentation skills.
  • Bachelor Degree in relevant fields.
  • Professional certifications like ACCA, Certified Public Accountant or other accounting qualifications would be advantageous.