Cl, Finance Operations
5 days ago
Description
**Primary Objective**:
- Daily manage, monitor and process payment trade and non-trade (expenses) and cash flow effectively
- Preparation of monthly bank reconciliations in various currencies, opening/close of new bank accounts and liaison with bank for deposit placements and etc
- Preparation of monthly expenses schedules for analysis purpose
- Collaborate with Process Re-engineering CoE Squad to enhance and automate processes in finance operations
- Ensure value delivery from teams, by curating the team's performance (managing the 'what' and holding responsibility of the outcome of the circle) and initiate continuous improvements in the circle based on customer needs
**Key Responsibilities**:
- High commitment to creating value for customer and improving efficiency, and achieving excellence
- Provide expertise and support to team members resolve escalated issues
- Set clear and realistic goal for team lead to cascade it to down to team level
- Balance resource allocation across team
- Strong problem-solving & critical thinking ability to drive continuous improvement
- Coach circle members and help them to develop their careers, and supporting circle members where necessary
- Drive continuous improvement with Process Re-engineering Squad
- Ensure adherence to regulatory and compliance guidelines
- Act as authorizer for payment approval when necessary
- To manage and approve daily cashflow (MYR & foreign currency), placement deposit with bank, sale charge and all activities in account payment function of business lines accurately and in a timely manner.
- Assist and provide guidance to subordinates to ensure journal entries record accurately in the company's financial transactions and comply with existing accounting policies. Ensure that supporting documentation is maintained
- To coordinate, manage and ensure timely month end closing of account. Analyze General Ledger & Trial Balance, ensure accurately & timely
- Review monthly bank reconciliation to ensure accurately and timely. Monitoring on the ageing for the above reconciliation items
- To ensure audit schedule complete timely and accurately
- Review Board paper for open/ close bank account, authorized signatories' condition and other banking operations matter
- Review Unclaimed Money submission
- Prepare any risk management reporting
- To simplify and address the gaps in processes and procedures that are identified during day-to day operations of the team
- Liaison with internal & external auditors and related matter
- Assist and monitor process of system implementation
- Update Department Operations Memorandum (OM)
Circle vision and Value delivery
- Determine a strategy, in alignment with CoE Lead to deliver the long term target for the Circle
- In conjunction with CoE Lead and other Circle Leads, ideate actionable initiatives for the CoE
- Remove obstacles and coordinate actions for successful implementation of initiatives
- Continuously engage other Squad Leads /stakeholders to align on priorities and major dependencies
- Regularly review report on team performance and examine areas for improve
Continuous improvement of performance
- Report the progress of Circle to CoE Lead periodically.
- Actively explore and assess opportunities for improvement of results and define (in alignment with CoE Lead) feasible steps to achieve improvements
Coordination & prioritization
- Together with relative CoE Lead, hold responsibility for success of the team in achieving target performance.
- Align with CoE Lead on the objectives of the teams in Circle and remove any misalignment
- Play harmonizing role in alignment of team's objective
Support and team mgmt.
- Understand and communicate performance target and initiatives to team leads/members
- Refine and clarify key issues faced by teams and customers from team leads/members
- Ensure continuous improvement, coordinating with other parties within the CoE if necessary
- Clearly communicate objectives to team leads (if any) to motivate, inspire and foster delivery
- Evaluate and monitor performance of team and team leads within the Circle
- Closely work with team leads (if any) to ensure team members are evaluated fairly and can improve performance
**Requirements**:
**Requirements**:
Bachelor Degree - Accounting.
At least 8 years' experience as in Finance, Audit or Accounting of which at least 5 years in assets management /unit trust industry.
- Proficiency in accounting and reporting
- Payment trade and non-trade (expense) management
- Proficiency in Microsoft Excel Strong analytical and problem
- solving skills to support issue resolution
- Operates with focus of creating value for the customer and improving efficiency & effectiveness of the organization
- Proficiency in communication and engagement with senior management and communicate opinions or views clearly
- Ability to collaborate, understands and values others' views and a strong team player.
- Sets clear and realistic goals, focused
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