AVP, Wealth Management Operations (Private Trust Accounting), CBWMO, Group COO

apartmentDBS Bank placeJurong East scheduleFull-time calendar_month 

Business Function

Private Trust Operations at DBS performs a variety of functions, encompassing new client onboarding, ongoing administration for existing trusts, and financial management responsibilities.

Key systems utilized in this role include Navision for client management and e-Storage for document management.

At DBS, we are deeply committed to fostering and reinforcing our strong PRIDE! culture, achieved through a strategic focus on continuous staff capability development, empowerment, productivity enhancement, collaborative teamwork, innovative technology adoption, proactive operational risk management, and strong partnerships to deliver exceptional RED service to our valued customers.

Responsibilities:

  • Prepare/review financial statements within the complex trust structure in accordance with Singapore Financial Reporting Standard and/or established accounting standards and corporate policies.
  • Prepare and review financial statements and bank statements of operating entities within complex trust structure.
  • Review injection documents.
  • Perform and coordinate tax reporting activities to ensure accurate and timely reporting and compliance with the requirements.
  • Implement financial controls and monitor effectiveness of controls in processes.
  • Assess and communicate information regarding business risks with stakeholders across the organization.
  • Identify and implement process simplification, standardization and automatization of financial and tax reporting to improve effectiveness and efficiency.
  • Independently handle complex issues with minimal supervision, while escalating only the most complex issues to appropriate staff.
Requirements
  • Bachelor’s degree in Accounting/ Finance or CA/ CPA equivalent qualification.
  • At least 8 years of experience in managing full set financial statements, reporting and statutory audit of a large entity or group of companies independently. Preferably with 4 years of experience in Big Four accounting firms in Singapore.
  • A solid understanding of the current local tax regime, including specific knowledge of regulations such as 13U and 13O.
  • Strong financial analysis capabilities combined with advanced proficiency in Excel.
  • Trust knowledge and work experience in Trust Companies will be preferred.
  • Experience participating in moderately complex accounting activities across countries/multisite.
  • Experience in group accounting or working with companies in a group.
  • Ability to communicate, influence and build trust with partners at multiple levels in the organization.
  • Work location is in Jurong East

Location:

DBS Asia Gateway

Job:

Operations

Schedule:

Regular

Employee Status:

Full time

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