Accounting Management VP

  • Commensurate with Experience
  • New York, NY, États-Unis
  • CDI, Plein-temps
  • Non-disclosed
  • 20 nov. 17 2017-11-20

Job Description The incumbent will implement Accounting policies and procedures in compliance with U.S. Regulation, U.S. GAAP, and Head Office Accounting Policy; ensure internal control is monitored effectively through accounting advisory, core banking system GL maintenance, GL reconciliation, H.O. IFRS financial reporting, tax compliance, etc. The incumbent will oversee day-to-day operation for accounting management team.

Position

Accounting Management VP

 

Job Description

The incumbent will implement Accounting policies and procedures in compliance with U.S. Regulation, U.S. GAAP, and Head Office Accounting Policy; ensure internal control is monitored effectively through accounting advisory, core banking system GL maintenance, GL reconciliation, H.O. IFRS financial reporting, tax compliance, etc. The incumbent will oversee day-to-day operation for accounting management team.

 

Job Duties

Implementing Accounting Policies and Procedures

  • Lead the accounting team to establish update and revise Accounting Policies and Procedures for USA Branches.
  • Issue Head Office and U.S. GAAP accounting advisory to business operation department/unit.

Financial Reporting in accordance with  US GAAP

  • Lead the accounting team in prepare the annual financial statements to comply with US GAAP

Review and Approve Journal Entries

  • Review and approval manual journal entries

Operation control- 

Monitor General Ledger

Oversee and supervise daily GL reconciliation for U.S. branches to prevent major operation errors:

  • Daily GL reconciliation
  • Monitor suspense account control in place
  • Coordinates U.S. branches annual closing
  • Solve day to day accounting booking issues in General Ledger level
  • Authorize Accounting entries in T24 Core banking system.
  • Assist annual auditor-internal, external and Head Office auditing
  • Coordinate part of annual External Audit for financial report compilation in area of GL reconciliation and GL maintenance

GL Maintenance

Oversee the accounting team to establish and Monitor General Ledger Maintenance

  • Maintenance on GL setting for US Branches T24 Core banking system
  • Maintenance on H.O. GL mapping table vs. T24 mapping
  • New Product GL setting and accounting treatment research and analysis
  • Research, analysis and update U.S. GAAP applies to product accounting treatment.
  • Provide accounting advisory to business operation back office on day to day operation basis.

 

Tax filing and reporting

  • Oversee the team to work with external tax consultant on tax journal entries, reporting, payment and filing.

H.O. reporting

  • Oversee the tam to coordinate, assign and prepare H.O. IFRS quarterly financial Datapack report preparation.
  • Other H.O. inquires

 

 

Job requirements

  • Advanced Degree in Accounting preferred
  • 5+ years of experience in the banking / financial services industry
  • Experience drafting accounting policy and procedure, financial reporting, ICFR/ General Ledger Accounting
  • Experience managing an Accounting Team
  • Knowledge on US GAAP, U.S. business law and banking regulation
  • Bilingual Mandarin / English (reading, writing, speaking)