Avp, Finance Manager, Institutional Banking Group, Dbs Australia

AVP, Finance Manager, Institutional Banking Group Location: Sydney, Australia About DBS Australia DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS Bank has a growing presence in a number of markets. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. DBS has been named "World's Best Bank" by Euromoney, "Global Bank of the Year" by The Banker and "Best Bank in the World" by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named "World's Best Digital Bank" by Euromoney and the world's "Most Innovative in Digital Banking" by The Banker. In addition, DBS has been accorded the "Safest Bank in Asia" award by Global Finance for 12 consecutive years. DBS Bank Ltd opened its Australia Branch in Sydney in June, and with the branch, DBS is well positioned to support business and investment flows between Australia and Asia, while providing insight and connectivity into our core markets. The branch offers a wide range of products and services through our teams in Institutional Banking Group, Global Transaction Services, Treasury & Markets, and Project Finance. DBS Australia is a Kincentric Best Employer in Australia for two years running. Responsibilities This role is responsible for end-to-end financial control and reporting, regulatory and management reporting for the Australian Branch. Ensure accurate and timely financial reports are prepared and presented. Manage and deliver the month-end process, and ensure accuracy, completeness and timeliness of the deliverables. Review and prepare monthly balance sheet reconciliations and ensure accurate reporting. Prepare monthly variance analysis and provide insightful analysis commentaries. Collaborate with Operations to ensure accurate transaction accounting and reporting. Prepare and contribute to improving the financial control environment. This includes (but not limited to): document and maintain operating procedures and guidelines, periodic risk and controls self assessment (RCSA) and implement process improvement initiatives. Collaborate with finance and other cross‑functional teams to implement effective internal controls throughout the Australia Branch, including Operations, Product Control, and business stakeholders. Prepare monthly and quarterly regulatory returns in compliance with APRA requirements. Prepare tax returns and filings (corporate tax, GST, withholding, etc.) to ensure compliance with tax obligations. Deliver financial control and management reporting related to the Trading and Treasury businesses, including FX hedge, P&L reconciliation and collaboration with Product Control and traders. Review finance processes for standardisation & automation and implement process improvement initiatives to enhance internal controls. Assist with operational matters (e.g. accounts payable, payments and fixed assets) as required. Coordinate the year‑end audit with auditors and Australia Branch personnel. Ad hoc projects as required. People Provide coaching and training to the local finance team, other support units or business areas to develop understanding of finance requirements. Stakeholder Management Maintain close engagement with key stakeholders including Head of Finance, Local Branch Management, Group Finance and Group Tax colleagues. Summarise and present finance and regulatory reporting related matters in sufficient form and simplified content to enable understanding. Requirements Minimum 4+ years’ experience in audit or financial control role in a professional service environment of a Big Four accounting firm. ADI or foreign ADI banking experience is a must. Chartered Accountant / CPA. Postgraduate academic qualifications such as MBA or Masters are highly regarded. Apply now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements. Benefits (Contract Roles) Birthday leave A substantial pantry of snacks to keep you going when you're in the office Training and development opportunities to further your skills and career. Staff social events. World‑class newly renovated offices with unparalleled views across Sydney Harbour to North and South Heads, and luxurious end‑of‑trip facilities in a central CBD location close to transport. Awesome colleagues Benefits (Permanent Roles) A flexible wellbeing reimbursement budget per year of up to $2k for permanent staff. Primary Location: Australia #J-18808-Ljbffr