Executive Office -Facility Expense and Budget Management AVP - Bank of China Limited, New York Branch

Introduction:

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview:

The AVP will be responsible for overseeing and managing the expenses by analyzing and reviewing financial data, ensuring compliance with policies and procedures, and implementing cost saving initiatives. Additionally, they will be responsible for coordinating and organizing business travel arrangements for employees, including booking flights, hotels, and transportation. This role also involves handling various accounting and finance related tasks, such as processing invoices, reconciling accounts, preparing financial reports, and assisting in budgeting and forecasting activities.

Responsibilities:

Include but are not limited to: 

 

Expense Management

• Within the Centralized Management Department, this role oversees professional accounting and budgeting control for the department's $45 million budget. Responsibilities include crafting the initial spending plan, meticulously monitoring daily payment requests, and analyzing spending trends to ensure expenditures stay within allocated amounts. This is achieved through proactive database management to track resource utilization. In essence, this role acts as the financial guardian of the department, safeguarding its resources and ensuring efficient use of funds.

Accounting and Finance Related Tasks

• This position offers a comprehensive professional accounting and budgeting control experience. Responsibilities include managing various reports to Financial Management Department and Head Office, such as the ESG survey. Additionally, the role involves handling financial inquiries and assisting the Department Head with relevant matters, including monitoring Financial Performance.

Business Travel Management

• This position provides comprehensive travel management for employee business trips. Responsibilities include reviewing travel requests, securing flight and accommodation bookings, and meticulously recording all associated expenses to ensure accurate financial tracking and compliance with company policies.

Qualifications:

• Bachelor's degree required; Master's degree preferred
• Minimum 4 years of Expense Management experience required
• Minimum 4 years of Accounting or Financial Management experience required
• Minimum 3 years of Business Travel Management experience required
• CPA preferred
• Bilingual abilities in English and Mandarin are required
• Demonstrate knowledge in Financial Analysis, Data Analysis and Computer knowledge. 

Pay Range

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

:USD $65,000.00 - USD $150,000.00 /Yr.