A Career with Hang Seng Bank Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering...

A Career with Hang Seng Bank

Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.

Cost Management Manager

Job level Middle
Work exp Minimum 10 Years
Education Bachelor Degree
Location Hong Kong
Employment type Contract
Industry Banking
Job function Banking / Finance > Corporate Finance
Accounting > Accounting / Finance Manager
Accounting > Cost Accounting
Published On 03/11/2016

Financial Control - Business Performance and Management Information Department (FMI)

Hang Seng's Financial Control function works closely with the Bank's stakeholders, including business partners, shareholders, regulators and external examiners. We function as their accountants and business partners in providing comprehensive information on financial management, financial planning, financial reporting and compliance, capital planning and reporting, financial control & SOX control, tax advisory, insurance finance, and global markets finance.

We are currently seeking a high caliber professional to join our department as Cost Management Manager.

Principal responsibilities

  • Participate in project cost tracking and analysis
  • Negotiate with various parties on project cost and saving evolution
  • Design and drive the enhancement /      maintenance of the cost analysis system to facilitate timely reporting and      operation cost analysis
  • Design and control the cost centre coding and cost sub-ledger systems to ensure that all costs are properly classified and recorded
  • Monitor the proper maintenance of standard cost for transactions, activities and overhead absorption rates
  • Participate in the annual review of cost allocation models
  • Engage in annual update of central cost allocation policy and related procedure manuals
  • Ensure one version of truth in all database and system

Requirements

  • University degree in Accounting, Finance or a related discipline, with a recognized professional qualification an advantage
  • Minimum of 10 years’ experience in accounting / finance, preferably gained in financial institutions
  • Strong self-motivation, with ability to work independently and under pressure
  • Attentiveness to details, with strong analytical, communication, interpersonal and project  management skills
  • Sound knowledge of application software such as MS Access, Excel and Powerpoint
  • Proficiency in  both English and Chinese, fluency in Putonghua an advantage
  • Great sense of ownership and servicing mindset to ensure efficient and effective customer service processes

(Candidates with less experience will be considered for the position of Assistant Cost Management Manager.)

To apply, please read carefully the ‘ Note on Collection of Personal Data and Information available in the careers page of our Hang Seng website : www.hangseng.com and send your resume via e-mail : recruit15@hangseng.com for our processing. You can also visit our website for further details about career opportunities with the Bank. Applicants who are not contacted within one month may consider their applications unsuccessful.

All information provided by applicants will be used only for recruitment purposes and will be used strictly in accordance with the Bank's personal data policies, a copy of which may be obtained by the applicant upon request. Unless otherwise instructed in writing by the applicant concerned, applicants may be considered for other suitable positions within the Bank and its related companies. The personal data of unsuccessful job applicants may be retained for a maximum of two years from the date when the job application is rejected and such data may be retained for a longer period if there is a subsisting reason that obliges the Bank to do so, after which the personal data will be destroyed.