Professional, Financial Controller

Job Description: Professional, Financial Controller

Closing on: September 16, 2024 at 11:59pm (China Standard Time)
Duty Station: Shanghai, China
Target Market: Global recruitment

Position Objective
The Financial Controller Division, under the Finance, Budget, and Accounting Department, is functionally responsible for ensuring the smooth financial operations of the Bank which includes oversight on the Bank’s Financial Statements, General Ledger and Budget. The Financial Controller Division leads in the application of financial control interventions that are critical to ensuring NDB operates in compliance with relevant regulations and governance standards (i.e., International Financial Reporting Standards (IFRS) while maintaining its reputation and credibility.

Purpose (Analyze)
● Prepare budgets, forecasts and utilization of budgets with respect to the operating expenses of the Bank;
● Analyse the trends in operating expenses;
● Ensure all the budget related information is maintained in the budgeting system.

Engagement (Collaborate) 
● Engage with other departments to understand the utilization trends and prepare explanations;
● Actively engage with other departments on the preparation of the budgets and forecasts;
● Engagement with other IFIs to understand the best practices.

Delivery (Manage the project cycle)
● Support in delivering the budget utilisation of the Bank;
● Prepare the budget proposal for the Bank;
● Assess the effectiveness of operating expenses.

Requirements
● Master’s degree or equivalent in Finance or related field;
● At least 5 years of relevant experience;
● Extensive experience in budgeting & planning of a development / commercial bank;
● Fluency in English essential to communicate in writing and speaking.