The AVP/VP, Financial Reporting, Regulatory Reporting & Capital Management is responsible for supporting SGX Group’s financial and regulatory reporting obligations, ensuring compliance with accounting standards, regulatory requirements, and governance expectations.
The role oversees the preparation of group financial reports, MAS regulatory submissions, and capital management activities, while partnering closely with Finance, Risk, Compliance, business stakeholders, regulators, and external auditors. In addition, the incumbent drives process improvement and automation initiatives to enhance reporting accuracy, operational efficiency, and control effectiveness. The key responsibilities include:
Financial Reporting
- Support the preparation of consolidated financial statements for SGX Group and its subsidiaries, ensuring accuracy and compliance with IFRS/SFRS(I) and SGX reporting requirements.
- Support the preparation of quarterly and annual deliverables, including Audit Committee and Board materials, SGXNet announcements, statutory financial statements and the SGX Group Annual Report.
- Liaise with external auditors on audit deliverables, supporting timely and efficient completion of year-end audit.
- Drive continuous enhancement of group financial reporting processes and systems.
- Perform monthly variance analysis on SGX Group’s financials.
Regulatory Reporting & Capital Management
- Lead the preparation and review of MAS returns, regulatory surveys and other regulatory reporting submissions for SGX Group and its regulated subsidiaries.
- Monitor capital adequacy positions of regulated subsidiaries and support compliance with applicable regulatory capital requirements.
- Support the annual regulatory capital planning exercise, including capital forecasting, stress testing, capital adequacy assessments and management reporting.
- Liaise with business, finance, risk and compliance teams to ensure timely and accurate regulatory reporting and capital monitoring.
- Monitor regulatory developments and assess their impact on SGX Group's regulatory reporting and capital management requirements.
- Proactively liaise with regulators and external auditors on regulatory reporting and capital-related matters.
- Contribute to the enhancement of regulatory reporting processes, controls and governance frameworks.
Process Improvement & Automation
- Identify and implement process improvements across financial reporting, regulatory reporting and related processes to enhance efficiency, controls and data quality.
- Drive efficiency and automation initiatives within the team to enhance reporting accuracy, controls and productivity.
Requirements
- Bachelor’s degree in Accountancy, Finance, or a related field.
- Minimum 8 years of relevant experience in accounting or finance. Experience in financial institutions or listed companies preferred.
- Prior Big 4 audit experience or Chartered Accountant (CA, ACCA, CPA). Experience in regulatory reporting, capital management or MAS reporting would be advantageous.
- Strong understanding of IFRS/SFRS(I), MAS regulatory requirements and the regulatory framework applicable to financial institutions in Singapore.
- Strong stakeholder management skills with the ability to work effectively across Finance, Risk, Compliance, business units, regulators and external auditors.
- Keen interest in process re-engineering and automation related work.
- Strong analytical, time management and communication skills.
- Detail-oriented, proactive and curious.