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Senior Associate / AVP, Support Unit Business Finance and Strategic Cost Management, Group Finance

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This job is a Senior Associate/AVP in a finance team that improves business performance. You might like this job because you’ll collaborate with diverse teams, drive cost-saving strategies, and enhance financial transparency.

Undisclosed

Singapore-DBS Asia Central, Central

Job Description

 

Business Function

Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

The bank is also a certified Accredited Training Organisation (ATO) for the Singapore Qualification Programme by the Singapore Accountancy Commission and an Association of Chartered Certified Accountants (ACCA) Approved Employer.

Key Responsibilities

We are looking for a capable and highly motivated SA / AVP who can work with a diverse range of stakeholders in a cross functional role with the following responsibilities.

  • Partnering closely with Support Units, drive day to day operational and financial responsibilities including performance management, financial processes/ MIS delivery, governance, risks and controls.
  • Support Strategic Cost Management programme, an enterprise-wide programme across markets which helps DBS look for new ways to create value, optimise cost/ efficiency and generate further headroom for investment without compromising organizational capabilities.

Support Unit Business Finance

  • Performance management and business partnering:
    • Work closely with Support Units in areas of financial analysis and MIS, drive deeper data insights for cost/ expense drivers
    • Improve clarity and transparency in financial reporting, evolve MIS to suit business needs
    • Support regional SU strategies with a financial lens
    • Partner across the region to ensure consistency across locations
    • Manage resource/ FTE trends within units
  • Forecasting & Budgeting: Participate actively in annual planning process through discussions with business partners
  • Business cases & Contract management:
    • Work closely with unit planners/ initiative owners to refine business cases, incl investments & benefits quantification; monitor initiative financials
    • Critically review contract proposals for business, incl. assessment for business needs, appropriate governance and approvals, save quantification
  • Direct Billing / Recharges: ensure appropriate governance & understanding of cross border charges for services provided by regional teams with the country SU teams; work with Tax for Audit/Assessment
  • Cost allocation: ensure allocations and associated data provide a meaningful representation of allocations to Business Units, Segments and Products
  • Efficiency: lead process automation efforts to drive efficiency within Support Unit Finance team

Strategic Cost Management

  • Partner with units to identify, quantify. and realise cost/ productivity/ efficiency savings arising from initiatives including Gen AI/ technology/ workforce, network & vendor optimisation
  • Drive financial analyses, including data collection, analysis of financial / operational data, model development

Requirements

  • Degree holder in related field with at least 5 years of relevant experience
  • Excellent written and verbal communication skills
  • Strong team player with keen analytical skills and attention to details.
  • Ability to resolve issues between disparate stakeholders
  • Ability to operate independently, collaborating with senior colleagues to drive outcomes.
  • Able to work under pressure and interested in developing a career in a dynamic banking environment
  • Proficient in Microsoft Office applications. Plus to have experience working with multiple dimensional cubes

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.

 


Job Requirements


Company Benefits

Comprehensive Medical Benefits

We provide a variety of medical coverage for our employees.

Low Interest Rate Loans

We give low interest rates for our employees!

FlexiBenefits

We provide FlexiBenefits for our employees to ensure their work-life balance!


Additional Info

Company Activity

Last active - 1 hour ago


Company Profile

DBS Bank-logo-image

DBS Bank

OUR ROOTS AS A DIFFERENT KIND OF BANK Born with a mission unlike any other, we were founded with a unique purpose to help develop a young nation. Since then, we've grown alongside Singapore to become Best Bank in the World. Be it our successes or war stories, the untold moments or widely-celebrated ones, or the bonds we've built within and beyond our bank — here, we aim to preserve these memories that capture who we...