Role Statement

The Senior Officer Financial System is responsible for the ongoing enhancement and maintenance of the core banking systems, ensuring the availability of MIS reports, maintaining the Chart of Accounts, and facilitating system implementation, upgrades, and enhancements. The role also involves conducting user acceptance tests (UATs) and managing profit distribution in the Islamic Banking System.

Principal Responsibilities

Financial systems

• To continuously support other teams in automating reports
• Interact and Coordinate with the IT Department/third party implementer for the implementation of adequate accounting and reporting systems.
• Developing required reports through IT to financial reports and control.
• Developing reports for Review Controls of various new products and Business Processes.
• Focal point to correlate implementation with IT department, Finance team and other departments/consultation.
• Define and develop management/financial reports, variance analysis, exception/control reports and implement/automate in coordination with the respective finance team
• Evaluate the existing financial reports process and implement agreed rationalization and improvement. (responsible for driving financial reports process improvement)
• Conducting User Acceptance tests (UATs) on new products/ enhancements/ developments/ up gradation affecting the Core Banking systems along with other departments and IT department.
• Ensuring all system related reports generated from financial systems are meeting the standards or requirements and act as a co-ordination point with IT for improving the same.
• Ensure changes if any, to all applications/sub-systems be mapped with the relative Chart of accounts of the CBS

MIS Reporting

• Continuously contribute to improve the process of MIS reporting., by providing automated reports, where possible.
• To support and co-ordinate the preparation of all reports related to MIS.
• To prepare performance reports of business units and branches to respective budgets.
• Interact and Coordinate with the IT Department/third party implementer for the implementation of adequate reporting systems.
• Developing reports for performance reviews of products / teams / business units.
• Define and develop management reports, variance analysis, and implement/automate these reports.
• Review and confirm incentive calculations related to various product campaigns / scheme.
• Conducting User Acceptance tests (UATs) on new products/ enhancements/ developments/ up gradation affecting the Core Banking systems on behalf of the finance.

Islamic Banking

• Ensure timely monthly execution of profit distribution in the Islamic Banking System.
• Maintain and update investment factors and product pools, and adjust profit distribution when required.
• Ensure new accounts are opened and populated in the system for new branches.

Skills Development

• Enhance personal and team productivity through continuous on-the-job training and external programs.
• Improve knowledge of bank policies and procedures.
• Coordinate with HR and IT to ensure regular training on updated systems versions.

General Duties

• Ensure compliance with bank regulations and staff conduct policies.
• Support business units and branches with decision-relevant analysis, including product pricing, performance measurement, and incentive schemes development.
• Generate ad-hoc and special reports for management as required.
• Maintain and archive reports/records according to the bank’s policies, ensuring data confidentiality at all time.

Candidate Specifications

• Degree in Accounting or Finance and Banking professional certificates would be an advantage
• Minimum of 5 years of experience with at least 3 years in finance department within banking sector.
• Highly proficient in MS Office suite, especially MS Excel.
• Good knowledge of computer packages for budgeting / planning, data querying and extraction and report writing tools.
• Knowledge of Equation system would be an advantage
• Knowledge of Business Object would be an advantage
• Knowledge of iMAL would be an advantage