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Financial Operations (Senior Specialist)

Salary undisclosed

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The Senior Financial Operations Specialist will be responsible for providing comprehensive

financial management support for Asia region (Singapore, China & Japan) within the IBSol

department, focusing on cost management, financial reporting, and vendor management.

Responsibilities:

Financial Operations & Reporting:

 Lead financial reporting and analysis, including monthly/quarterly/annual closings

 Manage complex cost allocation processes across regional IT departments

 Oversee accrual and provision management according to IFRS standards

 Conduct financial forecasting and budgeting for regional operations

 Develop and maintain financial models for cost analysis and projections

 Handle inter-company transactions and reconciliations

Vendor & Contract Management:

 Manage end-to-end procurement processes for IT services and equipment

 Review and process vendor invoices ensuring compliance with contractual terms

 Maintain contract database and contract documentation

 Monitor vendor performance against contractual obligations

 Process inter-company account payable and receivable

Cost Control & Analysis:

 Implement and maintain cost controlling frameworks

 Analyze cost drivers and identify optimization opportunities

 Develop cost allocation models for fair charge-back mechanisms

 Monitor budget utilization and variance analysis

 Prepare management reports on cost developments and trends

Requirements:

 Bachelor degree in Finance, Accounting, or related field

 Minimum 5 years experience in financial operations or controlling

 Professional certification (ACCA, CPA, CIMA) preferred

 Advanced Excel skills including complex formulas, pivot tables, and VBA

 Experience with SAP or similar ERP systems

Essential Knowledge Skills:

 In-depth knowledge of cost accounting principles and methodologies

 Strong understanding of IFRS standards, particularly related to accruals and provisions

 Experience in cost center management and allocation methods

 Proficiency in financial forecasting and budgeting techniques

 Knowledge of inter-company accounting and reconciliation processes

 Strong analytical skills with attention to detail

 Experience in vendor management and contract administration

Additional Requirements:

 Experience in working with international teams

 Strong communication skills in English, both written and verbal

 Ability to work independently and manage multiple priorities

 Problem-solving mindset with proactive approach

 Experience in banking/financial services industry preferred

Personal Competencies:

 Strong analytical and problem-solving abilities

 Excellent attention to detail and accuracy

 Proactive and self-motivated work style

 Strong interpersonal and communication skills

 Ability to work effectively in a cross-cultural environment