VP, Financial & Regulatory Reporting Greater Singapore Area
About the Company
Internationally recognized investment bank
Industry
Financial Services
Type
Public Company (8604)
Age
employees
10,001+
About the Role
Greater Singapore Area (On-site)(Singapore, Singapore)
Job Title: Financial & Regulatory Reporting
Corporate Title: VP
Division: Finance
Location: Singapore
SFID: 15502
Licensed Role: No
Nomura Overview
Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.
Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit
Department Overview
Nomura's Finance department manages the company's financial operations and provides financial guidance to support business decision-making. The team collaborates with senior leadership, business units, and stakeholders to develop effective financial strategies, providing guidance on financial planning, budgeting, forecasting, and analysis to align financial operations with business objectives.
Nomura's Finance team specializes in financial reporting, accounting, tax, treasury, and capital management, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Finance department is well-positioned to continue driving growth and success in the financial industry.
Role Description
The VP, Financial & Regulatory Reporting will oversee financial and regulatory reporting for Singapore entities, ensuring compliance with IFRS (Local) and US GAAP (Group) standards, while managing regulatory submissions (e.g., MAS 1003 returns, Dubai Prudential returns).
The position demands deep expertise in accounting consolidations, governance frameworks, and digital transformation, alongside team leadership across onshore/offshore teams.
Responsibilities
Review and supervise monthly, quarterly and annual financial reporting for Singapore entities, covering both Local (IFRS) and Group (US GAAP) accounts
Manage monthly regulatory 1003 reporting to MAS, among other returns (including adhoc surveys)
Manage quarterly regulatory reporting to Dubai FSA
Review and implement new accounting standards covering US GAAP and IFRS
Review and approve new product requests from an accounting and regulatory perspective
Apply expert knowledge in consolidations
Maintain and enhance the control and governance framework while leading improvements of process and control efficiencies, digital transformation initiatives and AI-driven automation
Manage onshore financial reporting team, and offshore teams from in-house service provider in India
Support annual budgeting processes
Manage and drive SG and AEJ regional project initiatives
Manage internal and external audit engagements
Requirements
Minimum Graduate Degree and Qualified Accountant (CPA, Chartered Accountant or equivalent)
Minimum 10 years relevant financial and management accounting working experience, preferably with Banks, Financial Institutions, including experience with Big Four Audit Firms
Experience in preparing, reviewing and consolidations of financial statements under US GAAP and IFRS
Track record in addressing and resolving issues independently, attention to details with strong quantitative and analytical capability, and maintain a strong can-do attitude
Excellent interpersonal and oral/written communication skills with ability to handle difficult situations; proven ability to manage and prioritize multiple projects and meet deadlines in high-pressure environments
Understanding of and/or previous experience completing MAS returns
Power user of Excel and PowerPoint, with experience and knowledge of data analysis and visualization tools (e.g., Power BI, Alteryx) would be advantageous
Nomura Competencies
Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
Inclusion: Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.
DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.
Nomura is an Equal Opportunity Employer
Functions:
- Finance