If you are looking to excel and make a difference, take a closer look at us…
Accounting Procedures & Financial Control
- Development of accounting procedures and implementation thereof in consultation with the CFO, GM Performance Management and Head of Group Operation & Technology.
- Ensure compliance to accounting standards and practice sound financial control and discipline.
- Work with auditors during their half yearly/ annual review.
- Ensure the accuracy and integrity of the General Ledger Accounts under Group Operations and Technology's (GOT) cost centres.
Budgeting & Forecast
- Review and compile Bankwide IT & Operations Budgets (Opex and Capex), including HLISB and overseas operations.
- Review & tracking of all IT & Operations Opex to ensure all expenditures are spent within budget.
- Assist with projections of quarterly forecast and full year budget on GOT Division’s Capex and Opex & QSBM reporting.
Capex, Expenses Management & Cost Allocation
- Actively participate and contribute ideas and comments on the financial matters to all IT & SOP (Cost Savings) projects.
- Responsible to validate the IT vendors’ financial before presenting to the Tender Review Committee and management team.
- Review & tracking of all IT & Operations Capex investment including providing quantifiable financial benefit, ROI and Payback/Cost Benefit Analysis for all major IT & Operations Project Capex.
- Review with business head on key drivers of GOT Division including cost management matters and post CER review on major IT & Operations projects.
- Prepare, review and monitor actual results against budget and highlight any significant variance including material MoM movement in expenses to CFO, GM Performance Management and Head of Group Operation & Technology.
- Assist the business with the identification of cost saving opportunities including coming up with SOP2 cost savings initiatives for Bankwide IT & Operations expenditures.
- Responsible to track and to ensure accurate accrual is maintained in the GL at all time.
- Assist in formulating the proper cost allocation methodology among SBUs and cost recharge basis for other related companies within the Group to ensure equitable apportionment of costs to Bank markets.
Reporting & Analytics
- Responsible for accuracy and timely reporting of all financials for GOT Division on monthly basis and to provide any other timely information to management.
- Perform competitive analysis on KPIs and benchmarks on IT & Operations Expenditures (Capex and Opex) based on available industry / market data.
- Problem solving for Finance Related Issues and Ad Hoc requests coming from GOT Division.
- Candidate must possess at least a Bachelor's Degree, Post Graduate Diploma, Professional Degree, Finance/Accountancy/Banking or equivalent.
- At least 8 year(s) of working experience in the related field is required for this position.
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.
Skills Required
- Bachelor's degree, Postgraduate diploma, or professional degree in Finance, Accountancy, Banking or equivalent
- Minimum 8 years of relevant working experience in finance/accounting
- Experience developing and implementing accounting procedures and financial controls
- Experience in budgeting, forecasting and financial planning for Opex and Capex
- Experience managing General Ledger accuracy, accruals and cost allocation across business units
- Experience performing ROI, payback and cost-benefit analysis for major IT and operations projects
- Experience working with auditors and ensuring compliance with accounting standards
- Experience validating vendor financials prior to tender review and procurement
- Experience in financial reporting, KPI benchmarking and analytics for IT & Operations expenditure
What We Do
Hong Leong Bank Berhad is one of the leading financial services organisations in Malaysia. With a heritage of more than 100 years, it provides comprehensive financial services covering consumer banking, business banking and trade finance, treasury, branch and transaction banking, wealth management, private banking and Islamic financial services. Its merger with EON Bank Group in 2011 has further embedded its position as a core banking franchise with an expanded distribution network of more than 300 branches across the country. With a proven track record in value creation and a highly recognised brand, Hong Leong Bank has also been extending its footprint in the region, with branches in Singapore and Hong Kong and wholly owned subsidiaries in Vietnam and Cambodia. In China, the Bank has a 20% shareholding in Bank of Chengdu Co., Ltd., Sichuan and a consumer finance joint venture. Hong Leong Bank is a subsidiary of Hong Leong Financial Group Berhad, the financial services arm of the Hong Leong Group. Apart from banking, Hong Leong Financial Group is involved in the provision of insurance and takaful, as well as investment banking, unit trust, fund management and stock broking services
