Vice President / Senior Vice President, Accounting and Regulatory Reporting, Financial Control, Hong Kong
Country: Hong Kong
The Accounting and Regulatory Reporting Team within Financial Control is responsible for the accounting, Head Office reporting, accounts payable and regulatory reporting functions of the Hong Kong Branch.
This role is responsible for close oversight and monitoring of all the aforementioned functions within the Accounting and Regulatory Reporting team and ensure these functions are properly carried out according to the accounting standards, group standards and regulatory rules, and with robust internal controls in place.
Key Responsibilities - Ensure month-end closing and the monthly reporting to the Head Office is timely and accurate.
- Oversee and manage the regulatory reporting processes and ensure the submissions to HKMA and the replies to regulatory enquiries are timely and accurate.
- Be familiar with HKMA regulatory requirements and be able to provide advice on the analysis of regulatory reporting impact to new products or other initiatives.
- Be proficient in International Financial Reporting Standards to perform accounting analysis and make accounting decisions for various businesses and activities in the branch.
- Closely involved in implementing transfer pricing in compliance with the transfer pricing standards in the Group.
- Oversee and manage tax filing and treatments, and provide tax advice to the Business when required.
- Supervise the accounts payable processes and the related system enhancement initiatives
- Represent as a key contact with external stakeholders such as auditors and tax advisors.
- Lead and mentor the accounting team to provide coaching and ensure the team members carry out best practices in controls and governance.
- Coordinate and collaborate with other regions in Asia in accounting related initiatives to ensure consistent standards are in place within the region.
Requirements - A qualified accountant at managerial level, with minimum 10 to 15 years of work experience in the accounting / reporting area in financial institutions. Previous experience with Big 4 firms is a plus.
- Strong knowledge in IFRS and HKMA regulations and familiar with the financial control and regulatory framework for authorized institutions.
- Good knowledge on corporate and investment banking products and their IFRS treatments
- Good knowledge on Hong Kong tax and transfer pricing regime.
- Intellectually curious with desire to learn and expand knowledge and continuously improve workflows.
- Highly motivated and driven, with the ability to direct resources to solve problems within stated timelines, even under pressure.
- Excellent presentation and communication skills and ability to work in a fast-paced environment.
- Strong leadership and good people management skills, with the ability to motivate the team to achieve objectives.
- Proficiencies in English, Cantonese and Mandarin.