Job DescriptionA fast-growing bank in the country is looking for a Finance Assistant, who will be reporting to Manager and Head of Financial Control to drive strategically important projects including, to provide clear and accurate technical accounting memorandums defining the accounting treatment and to represent the Finance department on new products transactions and new activities ensuring all Finance requirements are addressed. The person will also assist the accounting control team with the implementation of new accounting standards, including IFRS 9 and provides accounting training when required.Responsibilities & Duties• Analyze the Financial Statement’s transaction and apply required IFRS standard in preparation of Financial Report • Researching and documenting technical accounting issues and discussing those with Managers and team members under applicable accounting standards. • Assist in the bank’s implementation of new accounting standards, including IFRS 9, IFRS 16.• Analyze exceptional transactions and new product proposals from the Manager. Prepare clear and accurate technical accounting memorandums defining the accounting treatment under MFRS and IFRS for these new products.• Communicate with relevant team to get the supportive information • Under take other duties as assigned from time to time by Head of Financial Control and Finance Manger • Prepare regular report and analysis for Head of Financial Control for effective motioning and control
Knowledge & SkillsEssential • Able and willing to learn• Manage time effectively and work well under pressure to meet deadlines.• Team player willing and able to collaborate with associates at all levels.• Self-starter able to work well independently with minimal supervision.• Ability to identify process improvement opportunities.• Internally motivated to seek out answers, generate ideas, and develop new skills.• Ambitious with a strong appetite to understand the products traded to provide insight and analysis• Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations• Strong knowledge of International Financial Reporting Standards (IFRS)• Understanding of the Balance Sheet and the relationship to the Profit and Loss accounts• Advanced proficiency with Microsoft office, particularly Excel and Power PointEducation & Special TrainingEssential• Completion of tertiary qualifications in a business or related field such as Bachelor of Business, Management, Commerce, Finance, Accounting, Economics and/or industry specific qualifications• Qualified or nearly qualified ACCA or CPA accountant.• Diploma in Financial Reporting (DIFR) holders ExperienceEssential • 2 to 3years’ experience in preparation of Financial Report under the International Financial Reporting Standard • Audit experience in well-known accounting firms will be an advantage. • Strong technical accounting knowledge and background, preferably in Financial Services• Understanding and exposure to IFRS is an advantageLanguagesEssential • Ability to communicate (verbal and written) in both English and Myanmar languages.
- OT Payment- Annual Bonus- Ferry Provided
- An awesome company
- Join a winning team
- You can make a difference
- Opportunities for promotion
- Possibility for job training
- Learn new skills and techniques
Yoma Bank is one of Myanmar’s largest private banks, with 2000 employees and more than 50 branches nationwide. The Bank was founded by Mr Serge Pun and its first branch was opened in August 1993 in front of the iconic Aung San Stadium in Yangon.Yoma Bank has invested heavily in technology to optimize its nationwide branch network and is recognized for its efficient remittance services. It was the first bank in Myanmar to use a computerized accounting system, and pioneered wireless banking communications. By 2003 Yoma Bank had grown to be one of the biggest banks in the country with 41 branches in 24 cities providing secure and efficient banking services nationwide.In 2003, Myanmar experienced a financial crisis which had a significant impact on the banking industry. This led to the closure of many private banks while Yoma Bank's business activities were severely limited and had to sustain on domestic remittances. Yoma Bank’s remittance service still remains to be the most reliable and trusted in the country.A new chapter began in August, 2012 when Yoma Bank regained its full banking license. With more than 50 branches across Myanmar, the Bank strives to become a leading SME Bank in Myanmar. With more than twenty years’ experience in Myanmar’s financial sector, Yoma Bank is well positioned to support the continued growth of the Country in this period of transition.