Expert, Financial Control (40000351)

Job Purpose

The job holder responsible for:
Implement and periodically evaluate control points and control procedures to reduce errors and risks arising in accounting work at units throughout the system, as well as in transaction flows of financial data transferring between systems

Key Accountabilities (1)

1. Responsible for risk assessment to identify potentially significant risks/transactions
2. Develop and monitor principles for transferring financial data between systems
3. Develop the plan and implement the assessment of the key control effectiveness
4. Participate in projects of development of processes, products and systems to establish control points for recording financial data on systems or in operation
5. Other jobs as assigned by the Head of Financial Control, Senior Head of Financial Control

Key Accountabilities (2)

(*) Account Reconciliation
1. Design process and procedures for verifying account balances according to best practices methodology and approach to international standards
2. Building reporting matrices and handling the suspense account backlog (escalation rules) for FC and account owners
3. Build an effective suspense account management model according to risk control orientation and the bank's orientation.
4. Assess and identify risks of transactions on suspense accounts and accounting accounts
5. Make control plans and propose solutions to mitigate material risks on the suspense accounts
6. Planning to evaluate and propose control points on suspense accounts
7. Deploy professional training on intermediary account for FC staff and account owners units
(*) Accounting system control
1. Research, review and propose models, methods and tools for inspection and supervision activities in order to detect significant accounting risks and errors caused by the system or by humans on the accounting system.
2. In charge of training profession at the Accounting system control team.
3. Planning and implementing the evaluation of the effectiveness of control procedures / checkpoints at the Accounting system control team.
4. Perform other assigned tasks.
(*) Head Office accounting control
1. Risk assessment of operations at the Head Office units controlled by Head Office Accounting Control
2. Plan and implement the advanced training on control methods of accounting and accounting documents and control activities assessment for FC as well as related units
3. Design control processes, methods and procedures of accounting and accounting documents at Head Office units according to international methodologies and standards. Propose improvement initiatives on document management and storage.
4. Research and implement control models at Head Office Accounting Control
5. Plan and implement the assessment of the effectiveness of control activities at the accounting units to minimize mistakes and errors arising in the accounting at the Head Office units and evaluate the effectiveness of control procedures at Head Office Accounting Control in order to improve the quality of deliverables
(*) Financial control assurance:
1. Take responsibilities for the development and implementation of principles and procedures for controlling financial data to monitor unusual fluctuations, potential operational risks
2. Planning and implementing the effectiveness assessment of automatic control points built on systems
3. Deploy training in advanced data analytics tools
4. Consulting and developing principles of accounting transfer flows; recording financial data between systems
5. Counsel and implement on operational risk management tools for Finance Division.

Key Accountabilities (3)

Key Relationships - Direct Manager

Key Relationships - Direct Reports

Key Relationships - Internal Stakeholders

Key Relationships - External Stakeholders

Directors of Subsidiaries/Associates; Chief Accountant of Subsidiaries/Associates

Success Profile - Qualification and Experiences

- Having university and postgraduate degrees with intensive training in economics, finance and banking at domestic and international universities; Good knowledge of banking accounting
- Experience: At least 6 years of experience at the Bank or equivalent position
Unit Experience : The ability to apply comprehensive risk assessment methods to identify, analyze and assess the impact of inherent and residual risks for each business/customer segment; thereby offering solutions to enhance risk control
- English: TOEIC minimum 550 or equivalent