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Financial Management Associate

2 months ago

New York County New York, United States Bank of China Limited, New York Branch Full time

About the Role:

Bank of China Limited, New York Branch is seeking a highly motivated and detail-oriented Financial Management Associate to join our team. As a key member of our finance team, you will be responsible for assisting in developing and maintaining financial budgets and allocations under the guidance of the Head Office and Executive Management.

Key Responsibilities:

  • Expense Management:
    • Assist in maintaining and updating the Branches Expense Management Policy.
    • Support the preparation of the annual expense budget and allocations, following guidelines from the Head Office and Executive Management.
    • Monitor, analyze, and document the execution of the annual expense budget periodically.
    • Support in evaluating new and existing projects/initiatives to assess their validity and value as part of the financial reviewing working group.
  • Fixed Assets Management:
    • Assist in maintaining and updating Branches Fixed Assets Management Policy.
    • Support and coordinate with other departments to apply for fixed assets budget approval from Head Office.
    • Support and work closely with other departments in tracking and forecasting fixed assets execution in comparison to their budget.
    • Support and coordinate with other departments to conduct annual inventory fixed assets required by Head Office.

Requirements:

  • Bachelor's degree of Accounting or Finance required at the time of hiring.
  • Internship experience in banking and financial services industry is preferred.
  • Proficient user of financial software (MS Microsoft Word, Excel and PowerPoint).
  • Problem solving skills.
  • Must have excellent communication and writing skills.
  • Knowledge in pertinent company codes and policies; personnel processes; program planning and development; audit procedures; and regulatory policies and laws is preferred.

Pay Range:

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $50,000.00 - USD $70,000.00 /Yr.