Job Description

A 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 & Skills
Essential
• 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 Point

Education & Special Training
Essential
• 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

Experience
Essential
• 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 advantage

Languages
Essential
• Ability to communicate (verbal and written) in both English and Myanmar languages.