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Finance Manager

KBZ Bank
Recruiter active 35 mins ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Full Time
Verified This job has been verified by the company as a real job vacancy.
3 days ago

Experience level

Manager

Job Function

Finance, Accounting, Audit

Min Education Level

Bachelor Degree

Job Description

Responsible for settlement and reconciliation of FX transaction and Cash Flow. Maintaining Trading Book and Reconciliation of both Banking and Trading Book. Daily and monthly valuation of FX related transactions. Responsible for maintaining General Ledger and necessary journal entries and reviewing monthly account reconciliation. Responsible for managing all finance controls and accounting processes, management of accurate and timely financial reports to Head of Finance/ CFO/Financial Controller. Responsible for reviewing and interpreting new CBM regulations which impact regulatory reporting.

  • Manage daily and monthly valuation of FX related transactions
  • Daily reconciliation on Nostro and inform related department if there is any discrepancy
  • Participate in the development of Treasury Management System
  • Participate financial modelling, business plan assessment and analysis on potential investment
  • Develop accounting and management policies & procedures.
  • Oversee and monitoring the accuracy of accounting entries in ensuring with Accounting Standards.
  • Other ad hoc duties as prescribed by the Senior Finance Team to assist in achieving Finance Department objectives.
  • Ensure that record keeping meets the requirements of auditors and local regulators
  • Monitor cash balances and cash forecast for Funding
  • Produce high quality work output to required standards.
  • Work effectively to meet deadlines and organize workload and priorities
  • Produce consolidated budget and forecasts in line with timetable agreed with the Head of Finance.

Open To

Male/Female

Job Requirements

  • ACCA / CIMA or its equivalent
  • Highly proficient Microsoft Office user especially in Excel, Word, PowerPoint.
  • Substantial accounting experience in a busy, progressive and tightly managed medium sized business, including: monthly reporting, annual budget preparation, financial modelling, cash flow reporting and statutory accounts
  • High adaptability and influencing skills to manage change
  • Fluent in Burmese and English preferred
  • Ability to develop and improve report formats in line with business
  • Ability to deliver accurate, high quality work and reports to deadlines and to required standards
  • At least 7 years overall experience in leadership positions with 3 years’ experience in financial/management accounting environment

What We Can Offer

Benefits

Quarterly bonus

Highlights

International Standards

Career Opportunities

- Opportunities for promotion
- Possibility for job training
- Learn new skills and techniques

About Our Company

KBZ Bank: A new generation of banking

For over two decades, KBZ Bank has been part of Myanmar’s growth story, working tirelessly to strengthen communities and institutions for the long term and to improve the quality of life for all. As Myanmar’s largest privately-owned bank, we represent more than 40 percent of both retail and commercial banking in the country, driving the success of the nation’s entrepreneurs, businesses, and communities. We safeguard the assets of over 1 million business customers across the country, providing support, guidance, and critical access to finance. Today, KBZ Bank is helping to fast-track Myanmar’s development in the digital age, embracing next-generation banking while pioneering new ways of financial inclusion.

We have seized the advantages of mobile-first technology in promoting financial inclusion and connecting our customers to the people, opportunities, and places that they value most. Through KBZPay, Myanmar’s fastest-growing mobile wallet with more than 9.1 million users, we have brought banking beyond our 500 branches and to even more communities. We are also transforming from the inside out, drawing on the latest technologies to work more efficiently and serve our customers better, while developing the bankers and leaders of the future.

Purpose
Our purpose is to improve the quality of life in Myanmar by increasing access to financial products and services, thereby giving communities and businesses access to opportunities and a better quality of life.

KBZ Bank’s Talent Factory
KBZ Bank recognizes that the future of Myanmar – and its banking sector – lies in the hands of the next generation. That is why we take talent development across the organization seriously. From coders and digital bankers to thought leaders and future shapers, we equip our employees with world-class skills and future-ready tools.

Building the bank of the future
At KBZ Bank, we deploy agile management approaches in various aspects of how we work – including bringing people together on cross-functional projects to question the status quo and evolve better ways of working. This represents a break from a top-down approach, empowers our employees, and taps their insights in designing the bank of the future.

Personal Challenge
We put the emphasis on individual responsibility, opportunity, and autonomy. We encourage growth through continuous on-the-job development and a fast-paced environment that will stretch and build your expertise daily. We encourage our people to view their career as a journey; to think not about a vertical career ladder, but a long-term aspiration to broaden their exposure or deepen their skills over time. We would like to build the Bankers of Tomorrow for Myanmar!