UOB · 1 month ago
Assistant VP, Finance Operations
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices. The Assistant Vice President will lead and manage critical finance operations, ensuring financial accuracy, compliance, and operational efficiency while enhancing stakeholder value.
BankingFinanceFinancial Services
Responsibilities
Manage cost allocations across the Group (e.g., electricity, premises, security, cleaning) to ensure accurate cost ownership
Perform monthly and year-end accruals for Enterprise Services and CRES, both as as a Controlling Unit and Business Unit
Perform quarterly accruals for Income
Maintain and monitor the Outstanding Payment List for non-PO items to reduce overdue payments and support vendor relationships
Conduct monthly GL substantiation and Nostro open item reviews to maintain financial integrity and audit readiness and postings
Prepare and review monthly GL postings and reclassifications, including rental charge-outs and adjustments (e.g., Tetra Pak, GS4, carbon credits)
Oversee and review monthly carpark revenue recognition and collection processes to ensure timely reporting and liquidity management
Handle GFCO-related matters such as outward payments, inward billings, security deposits, utilities, and fund receipts
Ensure quarterly audit confirmations to meet regulatory compliance and internal control requirements
Support year-end accruals and related activities to ensure accurate financial reporting
Assist in the Annual Budget Exercise to align financial planning with strategic goals
Conduct annual reviews of cost allocation methodologies to identify optimization opportunities and enhance operational efficiency
Serve as a key point of contact for finance-related queries, fostering cross-functional collaboration and service excellence
Champion process innovation through AI and automation to streamline workflows and reduce manual effort
Manage ad-hoc requests and evolving priorities with agility and responsiveness
Perform additional responsibilities as assigned to support business goals
Qualification
Required
Degree in Accounting, Finance, or related field
3–5 years of relevant experience in financial operations, controllership or business finance roles
Strong understanding of GL, accruals, and financial reporting
Proficiency in Microsoft Excel, Power BI and financial systems (e.g., SAP)
Excellent analytical, problem-solving, and communication skills
Ability to work independently and collaboratively across teams
Company
UOB
We’re here to do Right By You. At UOB, we aspire to build a better future for the people and businesses in the region.
Funding
Current Stage
Public CompanyTotal Funding
$1.67B2025-11-25Post Ipo Debt· $979M
2025-08-29Post Ipo Debt· $35M
2024-08-05Post Ipo Debt· $651.52M
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2025-12-09
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