First VP, Entity Reporting and Control – Group Accounting Policy, Group Finance

Posted 5 Days Ago
Be an Early Applicant
Singapore, SGP
In-Office
Expert/Leader
Financial Services
The Role
Lead assessment and implementation of new/revised accounting standards, provide technical accounting guidance on complex transactions and products, coordinate policy application across the Group, and partner with business and finance stakeholders to ensure consistent financial reporting.
Summary Generated by Built In
Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Group Accounting Policy is responsible for providing technical guidance on complex accounting matters, establishing and maintaining the Group’s accounting policies, and leading the implementation of new and revised financial reporting and disclosure requirements.

Job Responsibilities

  • As part of the Group Accounting Policy Team, your primary duties and responsibilities include:

  • Monitor, analyse and assess the impact of new and revised accounting standards, interpretations and exposure drafts.
  • Lead and coordinate implementation of new accounting standards and policy changes across the UOB Group, including impact assessments, stakeholder engagement and execution planning.
  • Provide technical accounting advice and guidance on complex transactions, new products, business initiatives and emerging accounting issues.
  • Partner with Business Units, Finance and other stakeholders across the Group to support consistent application of accounting policies.

Job Requirements

  • Degree in Accountancy, Finance or related discipline; professional accounting qualification (e.g. CA Singapore, ACA, ACCA).
  • Minimum 10 years of relevant experience, preferably within the banking or financial services industry.
  • Strong knowledge of IFRS Accounting Standards and financial reporting requirements, with the ability to analyse and apply accounting guidance to complex transactions. Experience with IFRS 9, 10, 15, 16 and 18 would be advantageous.
  • Good understanding of banking products and services, including loans, treasury products, derivatives and structured products.
  • Strong analytical, problem-solving and technical writing skills.
  • Effective stakeholder management, communication and presentation skills, with the ability to influence and engage stakeholders at all levels.
  • Self-motivated, proactive and able to work independently as well as in a team in a dynamic environment.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Apply now and make a Difference

Skills Required

  • Degree in Accountancy, Finance or related discipline
  • Professional accounting qualification (e.g. CA Singapore, ACA, ACCA)
  • Minimum 10 years of relevant experience, preferably in banking/financial services
  • Strong knowledge of IFRS Accounting Standards and financial reporting requirements
  • Experience with IFRS 9, 10, 15, 16 and 18
  • Good understanding of banking products and services (loans, treasury, derivatives, structured products)
  • Strong analytical, problem-solving and technical writing skills
  • Effective stakeholder management, communication and presentation skills
  • Self-motivated, proactive; able to work independently and in a team
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The Company
HQ: Singapore
25,000 Employees
Year Founded: 1935

What We Do

We’re here to do Right By You. At UOB, we aspire to build a better future for the people and businesses in the region. Through our extensive network and suite of capabilities, we offer financial solutions to the people and businesses within, and connecting with ASEAN. We create solutions tailored to your unique needs through data and relationship-led insights. Our comprehensive regional network and one-bank approach connects your business to new opportunities in ASEAN. We help businesses to advance responsibly and guide personal wealth to grow sustainably. We foster inclusiveness and environmental well-being for stronger societies. This is how we stay committed to forging a sustainable future for generations to come. Note: For the terms of use of our LinkedIn channel, please visit: https://go.uob.com/socialmedia

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