Financial Management Associate

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

This role will be responsible for assisting in developing and maintaining financial budgets and allocations under the guidance of the Head Office and Executive Management; supporting the analysis and monitoring of the execution of financial budgets; preparing management reports as required by the Head Office and Executive Management and contributing to expense management and assist in managing fixed assets.

Responsibilities

Expense Management

• and queries with Visual Basic for Applications (VBA) and SQL to analyze data
• Assist in maintaining and updating the Branches Expense Management Policy.
• Support the preparation of the annual expense budget and allocations, following guidelines from the Head Office and Executive Management.
• Monitor, analyze, and document the execution of the annual expense budget periodically.
• Support in evaluating new and existing projects/initiatives to assess their validity and value as part of the financial reviewing working group.

Fixed Assets Management

• Assist in maintaining and updating Branches Fixed Assets Management Policy.
• Support and coordinate with other departments to apply for fixed assets budget approval from Head Office.
• Support and work closely with other departments in tracking and forecasting fixed assets execution in comparison to their budget.
• Support and coordinate with other departments to conduct annual inventory fixed assets required by Head Office.

Qualifications

• Bachelor’s degree of Accounting or Finance required
• 1-3 years of relevant work experience in banking and financial services industry is required
• Knowledge of financial trends both within the company and general market patterns
• Proficient user of financial software (MS Microsoft Word, Excel and PowerPoint)
• Problem solving skills
• Must have excellent communication and writing skills
• Knowledge in pertinent company codes and policies; personnel processes; program planning and development; audit procedures; and regulatory policies and laws 

Pay Rangeactual Salary Is Commensurate With Candidate’S Relevant Years Of Experience, Skillset, Education And Other Qualifications.

USD $42,000.00 - USD $90,000.00 /Yr.