PURPOSE To contribute to the maintenance of effective and accurate financial management and statutory accounting, regulatory / Head Office reporting and other financial records in line with business objectives and requirements for Hong Kong entities:
Capital Markets Hong Kong BranchInvestment Services (Asia) LimitedGlobal Assets Management (Asia) Limited Build value-added partnerships with Businesses and functions to manage delivery of enhanced management information, analytics and provide inputs to new business initiatives that assist business leaders attain their financial and strategic objectives.
PRIMARY RESPONSIBILITIES Focus on change of Financial control and regulatory reporting arising from business change
Provide impact analysis on regulatory ratio/reporting and accounting in different scenarios required in various projects.Change management to regulatory/financial reporting processes to support new business initiatives. Provide inputs to functional specification and participate in user acceptance testing if requiredDeliver and implement Finance projects that deliver process efficiency and enhanced controlAssist the team lead to ensure compliance with regulatory and financial reporting requirements:
Review the work on preparation of regulatory returns and financial deliverable for the Hong Kong Monetary Authority and Securities & Futures Commission of Hong KongDaily monitoring of internal regulatory limitsMaintain professional relationship with regulators, responsible for queries and other requestsInterpretation of new regulatory rules and requirements and assess impacts to businesses and reportingConduct risk assessment and review implication on regulatory reporting in relation to new business initiativesEmbrace changes for new business initiatives, work with project teams providing input on user requirement and functional specifications, driving enhancement on reporting tools, conduct user acceptance testing and support business rolloutFacilitate the development and roll out of Finance automated solution on regulatory reportingBuild value-added partnerships with CM, IS HK and WM Businesses and Functions by streamlining and enhancing delivery of finance services to focus on partnership and value add:
Develop relationship with key stakeholders across Hong Kong
Manage creation and delivery of enhanced management information and analytics for the Businesses and management that assists business leaders attain their financial and strategic objectivesProvide value-added inputs (including capital impacts) to new Business Initiatives and Project Approval Request from Finance Perspective KEY RELATIONSHIPS Direct reports to the Associate Director of Financial Control Hong KongOther key business relationship - with Business heads in HK, Finance team in APAC (Sydney, Singapore, Japan, Beijing) and other regions (London, New York, Toronto, etc)Maintain professional relationship with external regulators (HKMA, SFC and Gov't Statistical Dept)Liaise with Internal/External audit and external tax counsel as required Good To Haves: Degree qualified in Commerce/Business discipline6+ years financial institution and/or Big 4 experience2 years experience in HKMA Returns for Capital Markets BusinessesExperience in a Capital Markets or Bank Finance DepartmentExperience with HKMA and SFC Returns reporting