Description

Company Overview

Mizuho Bank, Limited has a long-term commitment to the Hong Kong market. With a strong global connection and a workforce of over 600 staff in Hong Kong, Mizuho Bank, Limited, is able to help corporations in Hong Kong to expand their business worldwide. Our clients comprise Japanese and non-Japanese corporations including PRC related ones, financial institutions, government and quasi-government organizations, etc. We provide a full spectrum of corporate banking services to our customers including syndication loans, treasury, transaction banking, financial advisory, project finance, merger and acquisition, leveraged finance, structured finance, etc.

Why Mizuho

At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.

It's the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition and drive, you can amplify your sphere of influence and base of knowledge as part of one of the largest-and growing-banks in the world.

About the team

The FA Section plays a crucial role in supporting the financial accounting processes. By striving for efficiency and accuracy in accounting operations while ensuring compliance, the section aims to deliver reliable financial data. Its activities are centered around the following three core functions:

1. AOC (Accounting Operation Control Function)
   The AOC function oversees daily monitoring of the balance sheet (B/S) and profit and loss statement (P/L) to prevent irregular transactions. It manages account controls, bank reconciliations, and month-end FX position estimations, ensuring the integrity of accounting operations. Additionally, it prepares and submits financial control reports, maintains customer master data for Nostro and Vostro accounts, and ensures proper maintenance of the chart of accounts.
   
   FRR (Financial and Regulatory Reporting Function)
   The FRR function is responsible for preparing and submitting statutory returns and surveys to regulatory authorities such as HKMA, DPB, and the Census Department. It also handles term-end reporting to the Head Office, liaises with internal and external audits, and provides financial accounting support for new product implementation. Furthermore, it drives regulatory compliance projects and coordinates responses to audits conducted by Japanese authorities, including JFSA, the Bank of Japan, and tax authorities.
   
   Tax Reporting Function
   The Tax Reporting Function focuses on preparing profit tax computations, coordinating with tax representatives for filing tax returns, and addressing tax compliance, audits, and inquiries. It also manages transfer pricing operations for inter-office transactions and drives tax-related projects in alignment with regulatory requirements.

Role requirements

• The role has direct line management responsibility for the Financial Accounting Section.
• The role administers and monitors all aspects of financial/regulatory & tax reporting and accounting operations control matters

Essential Functions

• To follow the policy & direction of the Dept./Section & to assist your superiors in accomplishing the Dept./Section's overall duties & responsibilities at all times.
• To administer the company's accounting system to maintain departmental, divisional, and consolidated operating and financial statements.
• To ensure the smooth running of all support systems within the department and liaise with in-house system analysts for any troubleshooting.
• To ensure that all financial reports are prepared in compliance with Head Office and/or local statutory requirements, and generally accepted accounting principles
• To review the financial accounts and reports on earnings, profits, taxation and other financial accounting matters.
• To oversee the day-to-day financial operation control functions including bank reconciliations, general ledger controls, other accounting operations control & etc.
• To maintain effective operation within the department, by offering suitable guidance to the subordinates and recommendation on improvement of operation workflows.
• To liaise with internal and external auditors, local regulators and tax authorities.
• To provide advisory & knowledge sharing supports & etc, to other branches.
• To perform any other duties assigned by superiors.
• To drive various financial accounting related projects and system enhancements within the financial accounting process.

Competencies

1. Achievement Drive and Organizational Commitment
   A high drive for transformation aligned with the company's policies is essential, along with the ability to continually update processes to ensure accurate and appropriate financial reporting while keeping regulatory developments in mind.
2. Thoroughness and Expertise
   Meticulous attention to detail is required to execute tasks effectively, ensuring compliance and mitigating business risks. Additionally, expertise in specialized knowledge is crucial to improve processes and systems, enhancing operational efficiency and achieving organizational goals.
3. Relationship Building and Leadership
   
   The ability to build and maintain networks with regulatory authorities and external stakeholders, coupled with effective communication, is vital. Additionally, leadership skills are required to motivate team members and ensure stable and effective team management.

Work experience, education and skills

Experience
Essential: 1) Minimum 10-12 years of relevant experience in Banking or Financial Service, 2) Excellent communication, leadership, and analytical skills, 3) Strong knowledge of financial standards and banking regulations

Education & Professional Qualifications
Essential: Bachelor's Degree or above in Accounting, Finance, or related fields
Desirable: CPA or equivalent certification preferable

Technical Skills:
Essential: Good PC skills in MS Excel, Word & PowerPoint

Language Skills:
Essential: Good command of both English and Cantonese, Mandarin is preferable.

Application

Please indicate your current and expected salary on CV for the application.

Mizuho Bank Limited

Mizuho Bank, Ltd. in Hong Kong is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). The Mizuho group is a global financial services leader with offices in nearly 40 countries, approximately 60,000 employees, and assets of almost USD 2 trillion. Mizuho provides expertise in retail banking, corporate finance, investment banking, asset management, capital markets, and sales and trading, to help businesses develop and find new opportunities for growth. To learn more: www.mizuhogroup.com

Mizuho's Commitment to Diversity, Equity and Inclusion

As an organization we aim to achieve robust sustainable growth far into the future, and continue to create lasting value for our clients and the economies and communities in which we operate. Promoting equity of opportunity and having an inclusive culture - where diversity in all its forms is welcomed, varied perspective and values are incorporated into our daily working practices and decision making, and all employees feel a sense of belonging and are proud to work - are key to achieving this aim. We target to achieve the DE&I goal through our three commitments: 1. Celebrate diversity 2. Promote work-life satisfaction 3. Create an inclusive culture

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