OCBC Bank is Singapore's longest established local bank. It has assets of S$134 billion and a network of 292 branches and representative offices in 15 countries and territories including Singapore, Malaysia, Indonesia, China, Hong Kong SAR, Japan, Australia, UK and USA.

OCBC Bank offers a range of specialist financial services including consumer, corporate, investment, private and transaction banking, global treasury, asset management and stockbroking services to meet the needs of its customers across communities. Its subsidiary, Great Eastern Holdings, is the largest insurance group in both Singapore andMalaysia in terms of assets and market share.

In 2004, OCBC Bank was named Lafferty Group’s Retail Bank of the Year in Asia-Pacific and South East Asia and Global Finance magazine’s Best Bank in Singapore.

Position: Cost Accountant
Work Location: Singapore

Responsibilities:
The new hire should possess strong analytical skills to be able to contribute effectively amongst the various duties in this role:

• Prepare periodic variance analysis report on Operations unit costing.
• Work with the department coordinators and Finance team to substantiate variances between actual, budgeted and standard unit costs.
• Provide support to product costing review with Business Units.
• Perform impact analysis by applying scenario tools to assess potential improvements to unit costing and suggest Green Belt projects for areas with constant unfavorable variance.
• Understand and explore ways for improvement of cost allocation.
• Provide required MIS support during OP exercise, or ad-hoc to the 9 processing centres as required.
• Undertake ad-hoc projects and assignments relating to unit costing/ financials.

Requirements:

• A good university degree in Accounting, Finance or equivalent.
• Working experience and knowledge in Activity Based Costing/ Management, financial analysis and/or analytical roles in the financial industry will be an advantage.
• Good Analytical and problem solving skills.
• Able to work independently as well as in a team

Interested applicants are invited to apply online by clicking "Apply Online" link below.

Closing Date: 11 February 2012

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