Business Function
Finance aims to deliver world-class standards in reporting, financial planning and finance processes. Our analyses support smart decisions for the bank, from product development to customer profitability. We also handle capital management, business planning, forecasting, and provide advice on tax and accounting.
A key part of our role involves supporting vendor payment processes. We ensure compliance with regulatory requirements, maintain accuracy in payment processing, and uphold transparency in all vendor-related financial activities.
Key Requirements
Job Duties & Responsibilities:
- Monitor GST and TDS related regulatory compliances associated with Vendor Payments as per India Tax requirements.
- Partner with Tax team for timely submission of various returns and related schedules.
- Handling of GST Notices and Tax queries related to Vendor payments. Woking closely with Tax team and ensure logical closure.
- To monitor performance of Outsourced Service provider against SLA.
- Perform Balance Sheet reconciliation and substantiation for Accounts assigned to AP team.
- Knowledge of fixed assets accounting and vendor payment processes
- Maintain SOP related to job responsibilities
Education / Preferred Qualifications
- Chartered Accountant (4-5 years of relevant experience)
- MBA or Postgraduate with good Tax/FA experience can also be considered
Core Competencies
- Good attitude and a team-player with problem solving skills
- Good communication and interpersonal skills
- Excellent MS-Office skills
- Stakeholder Management
Technical Competencies
- Good knowledge of GST and TDS compliances relating to Vendor Payment processing as required under India laws.
- Experience in Tax operations & GST Audits related to Accounts Payable of a large organisation
- Sound accounting knowledge
Location:
DBS Bank CentreJob:
FinanceSchedule:
RegularEmployee Status:
Full timeSkills Required
- Chartered Accountant with 4-5 years of relevant experience
- MBA or Postgraduate with strong Tax/Financial Accounting experience
- Good knowledge of GST and TDS compliances relating to vendor payment processing (India)
- Experience in Tax operations and GST audits related to Accounts Payable in a large organisation
- Sound accounting knowledge and fixed assets accounting experience
- Perform balance sheet reconciliation and substantiation for accounts assigned to AP
- Ability to handle GST notices and tax queries and work with Tax team to close issues
- Monitor outsourced service provider performance against SLA
- Maintain Standard Operating Procedures (SOP) related to job responsibilities
- Excellent MS-Office skills
- Good communication, interpersonal, stakeholder management and problem-solving skills
What We Do
DBS Bank is a leading financial services group in Asia, headquartered in Singapore. It provides a full range of consumer, SME, and corporate banking services. The bank is recognized for its digital innovation, having been named 'World's Best Digital Bank' and 'World's Best Bank' by various publications. It also operates the DBS Foundation, which supports social enterprises and community initiatives, reflecting its commitment to creating impact beyond traditional banking.
