OCBC

Finance Operations Specialist (1-year Contract)

OCBC  •  Singapore, SG (Onsite)  •  2 days ago
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Job Description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Why Join

As a Finance Operations Specialist at OCBC, you'll play a critical role in ensuring the smooth operation of our financial systems and processes. You'll have the opportunity to work with various stakeholders, identify areas for improvement, and implement changes that drive efficiency and effectiveness. If you enjoy problem-solving and are passionate about process improvement, this role is for you.

How you succeed

To succeed in this role, you'll need to have a deep understanding of financial operations and a keen eye for detail. You'll work closely with various teams to identify and resolve issues, implement process improvements, and ensure compliance with regulatory requirements. Your analytical skills, attention to detail, and ability to communicate effectively will be essential in driving success in this role.

What you do

  • Review and validate vendor invoices and staff expense claims to ensure strict compliance with internal policies, procedures, and regulatory requirements.

  • Perform GST and withholding tax accounting for invoices and staff claims, ensuring accuracy and adherence to applicable tax regulations.

  • Manage billing, reconciliation, and settlement of intercompany transactions with subsidiaries and overseas branches, ensuring timely and accurate processing.

  • Monitor and resolve issues arising from day-to-day BAU activities, escalating where necessary, and driving corrective actions and process enhancements.

  • Prepare and review general ledger reconciliations and expense reports to ensure completeness, accuracy, and proper financial control.

  • Support month-end close processes, including journal postings, accruals, and variance analysis.

  • Actively contribute to continuous improvement initiatives, strengthening controls, efficiency, and scalability of processes.

  • Support the development, enhancement, and enforcement of finance policies, procedures, and control frameworks.

Who you work with

Group Finance is where your acumen will not only help deliver robust financial analysis but also influence business decisions, enable efficiencies and steer growth. The team here go beyond the numbers to add value and inform strategy, evaluate opportunities, uphold integrity and engage with stakeholders on performance and development. Along the way, they enjoy the kind of broad perspective that can take a banking career anywhere.

Who you are

  • Bachelor’s degree in finance, Accounting, or a related discipline, with at least 2 years of relevant experience in finance operations.

  • Prior experience in Accounts Payable, staff claims processing, and account reconciliation would be advantageous.

  • Strong analytical and problem-solving capabilities, with keen attention to detail and effective communication skills.

  • Solid understanding of financial systems, processes, and controls, including accounting and reporting frameworks.

  • Demonstrated ability to collaborate effectively with cross-functional stakeholders, including Finance, Risk, and Compliance functions.

  • Well-developed organizational and time management skills, with the ability to manage competing priorities and meet tight reporting deadlines.

What we offer:


Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

OCBC

About OCBC

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Singapore, SG
Year Founded
1932
Website
ocbc.com
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