Accounting Standards Specialist

Full-time Finance

Position Title

Accounting Standards Specialist

Job Summary

• Monitors compliance by concerned units with the requirements for the implementation of international accounting standards. Reviews Bank contracts and maintains contracts database to document the review process.

Role Exposure

Accounting Standards and Review Section

• Ensures that all concerned units are in compliance with the submission requirements for bank contracts and other supporting documents.
• Reviews all non-standard contracts (term sheets, investment securities, loan agreements, purchase orders, service agreements, intercompany contracts, etc.).
  • Gathers all non-standard contracts and other supporting documents from originating units
  • Identifies contracts with possible embedded derivatives
  • Evaluates whether embedded derivatives should be bifurcated and recommends proper accounting treatment for transactions.
  • Su...