AVP, Accounting & Cost Management

About the role

The Assistant Vice President, Accounting & Cost Management is responsible for all cost‑related activities within the Personal and Private Banking divisions. The role covers cost booking, review, analysis and reporting, as well as the management of accruals, amortisations, manual adjustments and purchase requisitions.

Key responsibilities

• Review and ensure accurate cost recognition on the profit‑and‑loss statement, maintaining a robust cost‑booking structure.
• Analyse monthly cost lines, identify unusual movements and initiate corrective actions.
• Manage the accruals process to align expenses and income with accounting standards and division timelines.
• Perform month‑end manual adjustments, provision accounting and amortisation entries for key GL lines.
• Review and approve purchase requisitions, verifying legal entity, responsibility centre, GL code and budget availability.
• Coordinate new chart‑of‑accounts requirements and reconcile suspense accounts as per AOV process.

Required profile

• Professional degree in Accounting or Finance.
• CA, ACCA or CPA certification preferred.
• Minimum of 5 years experience in a similar banking role.
• Strong understanding of retail banking operations.

Required skills

• Proficiency with MS Office (Excel).
• Cost accounting knowledge.