LOB: Chief Finance Officer Group
Corporate Title: Vice President
Our Finance department covers the regulatory & corporate reporting, product control and accounting of an investment bank in Istanbul / Turkey.
Besides, local tax and accounts payable functions are handled within Istanbul finance department. This will include the following functions;
All regulatory reporting
Monthly Corporate Reporting(Including USGAAP reporting)
All local tax calculations & submission to tax authority
Daily Product PL, Explain and Reporting, New Deal Risk & PL Analysis
PL/BS Reporting & Reconciliation
Accounting & Accounts Payable function
We are looking for a Country Controller to complete the above listed functions, especially the local regulatory reporting requirements. The successful candidate will need to be locally based and will provide an oversight over BRSA rules & regulation as well as other regulatory body rules & regulation. This role is expected to establish an effective regulatory reporting system in line with the communiques and regulations of Banking Law and as published/required by BRSA and other local regulatory bodies.
The key objective of this position is to help establish a strong & accountable Finance team which provides the highest quality of service as a support group function both to internal & external stakeholders. The main responsibilities will include:
Ensuring that all regulatory reports are prepared, in full compliance with the related communiques and regulations as well as the MLYB policy and procedures, and submitted flawlessly on a timely manner
Taking part in the internal and external audits, communicating with the auditors, ensuring that all requests are prepared and submitted on time and with 100% accuracy
Performing daily internal control process to ensure that all bookings are complete and correct
Controlling and approving of daily accounting journals
Preparing financials of the bank, analysing the numbers, providing explanation to the fluctuations, investigating any breaks/differences, controlling the internal/external funding process and the liquidity position
Substantiation of all B/S accounts, execution of trend analysis and assessing through the cost control.
Ensuring that all management and Bank of America group specific reports are prepared in full compliance with global procedures and submitted flawlessly on time.
Preparing corporate income tax of the bank with respect to both local and Bank of America rule and regulations.
Our Finance team is made of 5 people, including the CFO
This role will report into the Bank local CFO directly
The team has been working together for more than 10 years
Co-operation and close communication are key factors
We look for hard working, loyal, trustable, self-motivated candidates
Local Regulatory Requirement and Reporting Knowledge
Local Accounting Knowledge
Investment Bank Product Knowledge
Ability to work well in a team environment
Ability to pro-actively resolve problems and take ownership of areas of responsibility
Take initiative to get things done on time and accurately
Technical Skills (Excel, Word, PPT, etc.),
Fluent in Turkish and English (Writing, Reading & Speaking)
Bank of America
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
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