Apply Now

VP - Performance Management for Singapore

Chennai, India | Multinational Banking and Financial Services Firm

  • Industry:
    Banking / Investment Banking
  • Position Type:
  • Functions:
    Finance (Internal)
    General Management
  • Experience:
Job Description:
56 people have viewed this job

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.  


To us, good performance is about much more than turning a profit.It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. 


We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.


JOB PURPOSE & SCOPE:


• Deliver superior performance for SCB Singapore through reporting of management and financial results, and partner with local and Group Business / Country Finance teams on Singapore strategy, performance issues / opportunities.


• Scope of work to include Multinational Banking and Financial Services Firm Bank (“SCB”) Branch, SCB (Singapore) Limited and governance oversight of all SCB subsidiaries in Singapore.


KEY RESPONSIBILITIES


1. Performance Management:


• Collaborate with Group / Regional / Country Finance colleagues in providing quality management information to senior management for the formulation and review of business plans and strategies


• Analyze country performance (management and financial), review highlight risks and opportunities and drive actions to ensure committed financial outcome. 


• Drive effective cost management through a rigorous cost control and investment management process


• Support SG ALCO for capital and liquidity inputs and active balance sheet management for strategic planning


• Co-ordinate the process for preparing, validating, consolidating and analyzing half yearly forecasts and annual budget to support strategic aspirations of SCB Singapore


• Provide market intelligence on key competitors’ performance and highlight any changes in the competitive landscape


• Ensure regular and ad-hoc management reporting requirements from stakeholders (e.g. Group Finance, CMT) are met


• Resolve management accounting issues and implement Group policies stated in the Management Accounting manuals


2. Financial Controls:


• Manage overall design and outcome of the end-to-end process and owns the process output performance in terms of client service, financial performance and risk where appointed as Process Owners


• Ensure compliance with Group/ IFRS accounting principles and practices, Financial Control Policy and other regulatory accounting guidelines


• Ensure timely and accurate submission of financial returns to internal and external authorities and stakeholders


3. Team Leadership and Organizational Effectiveness:


• End to end support to Singapore Performance Management Finance team covering all outcomes for e.g. country management team reports, cost accruals, MRE and FCS reconciliations


• Lead and manage the Singapore Performance Management Team and to develop the staff to take up different/more value added roles


• Contribute in any ad-hoc finance related projects, including providing support to Finance Transformation initiatives as well as simplification of bank process


• Ensure GFS service levels are maintained in line with onshore requirements.


KEY RELATIONSHIPS:


INTERNAL:


• CEO, Singapore


• CFO, Singapore


• Singapore Business Finance (RB, CIB, CB & PvB)


• Singapore Balance Sheet Management team


• ASA Regional Finance Team


• Group Finance


• GFS Support team


CONTRIBUTES TO:


• Quality of decision making within Singapore


• Influences and challenges issues, providing judgment and assessment of impact of proposed actions / activities on performance and strategy.


• Uphold the control and compliance culture in the bank.


• Career development of finance staff.


• A mature finance profession with relevant experience in financial services industry.


• Experienced in corporate banking products, booking models, accounting treatments.


• Sound understanding of international accounting standards requirements, business analysis techniques, risk management methodologies, project management techniques.


• A high degree of integrity and ability to challenge the views and actions of others in a constructive manner.


Other companies hiring with Ivy Exec

 Company Logos