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VP, Financial Accounting, Private Banking

Full-time

Hong Kong, Hong Kong

Accounting / Auditing

11 months ago

A top private bank is hiring a VP for their financial accounting team. My client is a leading international private banking and wealth management grou..

A top private bank is hiring a VP for their financial accounting team. My client is a leading international private banking and wealth management group, is seeking a dynamic and experienced professional to join our team in Hong Kong as a Vice President in the Financial Accounting Department. This role requires a strong background in both HKMA regulatory reporting and financial reporting, and offers an exciting opportunity to contribute to our growing presence in the region. Responsibilities: - Lead and oversee the timely and accurate preparation, review, and submission of regulatory reports to the Hong Kong Monetary Authority (HKMA) in accordance with regulatory requirements. - Ensure compliance with HKMA guidelines, policies, and procedures by monitoring changes in regulations and implementing necessary updates. - Collaborate with various stakeholders, including Finance, Risk, and Compliance teams, to gather necessary data and information for reporting purposes. - Conduct regular reviews of financial controls and processes to identify areas for improvement and ensure adherence to internal policies and procedures. - Provide guidance and support to junior team members, fostering their professional development and ensuring the overall effectiveness of the team. - Assist in the preparation of financial statements, including monthly, quarterly, and annual reports, ensuring accuracy and compliance with accounting standards. - Participate in ad-hoc projects, system enhancements, and process improvement initiatives to streamline reporting processes and enhance efficiency. Requirements: - Bachelor's degree in Accounting, Finance, or a related field. Professional qualifications such as HKICPA, ACCA, or equivalent are highly preferred. - Minimum of 7 years of relevant experience in financial control, regulatory reporting, or similar roles within the banking industry. - Strong knowledge and understanding of HKMA regulatory requirements, including knowledge of Banking Ordinance, Banking (Disclosure) Rules, and other relevant guidelines. - Solid understanding of financial reporting principles, accounting standards, and best practices. - Excellent analytical skills and attention to detail, with the ability to review complex financial data and identify discrepancies or errors. - Strong leadership and team management abilities, with a track record of effectively leading and motivating a team. - Proven ability to work under pressure and meet strict deadlines while maintaining high-quality standards. - Excellent communication and interpersonal skills, with the ability to liaise effectively with stakeholders at all levels of the organization. What you'll get in return You will be offered with a monthly package ranging from HKD 50,000 to HKD 65,000 along with a comprehensive employee benefit package. This is a terrific opportunity for any audit professionals to take part in a regional finance position with great team and company culture and career progression. What you need to do now If you're interested in this role or any other accounting, finance and internal audit opportunities in the banking and financial services industry, please send your CV in Microsoft Word format to [email protected]

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