Head of Finance, Vice President - Singapore - State Street

Description

Essential responsibilities

• Reporting into Regional APAC Controller; dotted line to Country Head in Singapore.
• Responsible for all aspects of legal entity and BU Controllership within the ASEAN region (spanning Singapore, Thailand, Malaysia, and Brunei) to ensure accuracy of financial results and that all internal controls are appropriately designed and executed. Coverage for all business units operating in the region
• Manage a small team based out of Singapore and partnering with a wide range of stakeholders including Businesses, the local management team, Lead Financial Officers (LFOs), outsourced functions team (Global Accounting Operations, Billing, Regulatory Reporting, Procurement Services) and Finance /functional leadership team. Working closely with Business Controls teams to improve control environment.
• Coordinate with Global Close and Consolidation team on monthly close cycle process for accuracy and efficiency. Ensure financial controls are operating effectively and issues reported/ resolved and appropriately escalated. Responsibility for Internal Audit results and remediation for Singapore entities.
• Regulatory reporting to MAS; ensure all regulatory returns, statistics and surveys data are prepared accurately and timely, and in compliance with regulatory and statutory requirements which includes maintain and write up of respective procedures and documentation.
• Actively manage external auditor to finalize statutory reporting for all entities in the ASEAN region advisor including query resolution. In accordance with Legal Entity Governance Standards, to act as Finance representative for all statutory entities in the periodic Board meetings.
• Key interface and close collaboration with LFO's and FP&A organization to ensure alignment and accuracy or monthly, Quarterly/ Annual results and alignment to Business Unit initiatives and correct treatment of key events (Impairment, deferrals etc).
• Represent in relevant local, regional and global governance committees, project steering committees, and BU Risk committees etc.
• Finance and accounting support to Business unit strategy and plans and introduction of new products etc.
• Leading and execution of transformation initiatives. Ensure robust control and knowledge transfer for activities migrated to Hub Locations, proper implementation of systems which impact the external & internal financial & regulatory reporting in the ASEAN region. Execute on initiatives that impact accounting, reporting or tax including capital management, legal entity rationalization etc.
• Responsible for tax compliance (direct and Indirect taxes) including implementation of Transfer Pricing.
• Attestations – SOX, reporting, Control environment attestation/ legal entity risk assessment , representation letters etc.
• Talent management, business continuity, compensation planning, succession planning, goal setting and tracking.
• Any other ad-hoc tasks as required by the APAC controller from time-to-time.

Essential Requirements

• Qualified Accountant with approximately 15-20 years of relevant experience
• Strong Leadership capability and stakeholders' management skills
• Ability to understand and ensure compliance with local reporting requirements
• Fast learner, proactive in nature and has excellent attention for details
• Good knowledge of Accounting System (e.g. Oracle, SUN) will be an advantage
• Ability to work in a fast-paced banking environment managing multiple priorities

About State Street

What we do.State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow.We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

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