ING Bank
ING Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 11 major economies in the Asia Pacific, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan and Vietnam.
ING Wholesale Banking in Singapore
We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 500 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.
Our presence in Singapore
- Broad suite of services across sectors and products
- Seamless connectivity across the globe with our extensive footprint
- Sustainable Finance
Your Role
As part of the Group Reporting team, you will be performing entity control and Group reporting for Singapore entities.
You are detailed orientated and have a strong sense of meeting deadlines. Experience in Financial sector would be a plus. You are independent, like to work on multiple tasks and can pro-actively manage multiple stakeholders in various functions including Front office, Risk, Treasury and Corporate Advisory.
Your most important tasks will include:
- Oversight of the month end ledger closing process, including the review of one-off journal entries and adjustments
- New account/department verification in the ledger system
- Involved in the Financial Accounting Head Office reporting and coordinate sign-off from Local CFO and CRM
- IFRS 16 reporting - working with procurement to capture new leases, monthly checks on IFRS 16 balances
- Ensure compliance with the minimum standards for financial and regulatory reporting and SOX controls
- Supports the review of representative office financial statements and bank statements in ASEAN
- Balance Sheet substantiation and support data quality improvement initiatives and investigation
- Support payment activities
- Service management of outsourced Finance Services providers
- Participate in ad-hoc projects as required
Who are we looking for, your profile & competencies:
Skills and Competency
- At least 3 years of experience working in a financial institution, preferably in the area of financial reporting and or with audit background
- A bachelor’s degree in accounting or finance or equivalent professional qualification in accounting and Certified Public Accountant/Chartered Accountant
- Excellent knowledge of local and international financial reporting standards and understand latest technical issues and their implications
- Strong understanding of financial market products, hedge accounting, valuation adjustments and understanding of drivers behind valuation of various derivative products
- Knowledge of liquidity coverage ratio, net stable funding ratio requirements will be preferred
- Able to communicate clearly and effectively with stakeholders
- Positive “can-do” attitude and attention to detail
- Able to independently resolve issues
Your Work Environment
ING Wholesale Banking Asia Finance has a dynamic culture, characterised by open, direct and informal communication, with a focus on teamwork.
