Job Summary

Handles Month End Closing activities. Oversee Insurance and Non-Insurance Payment Operation and Disbursement Process. Review cash management, banking facilities, Intercompany billing and reconciliation. Also assist in Finance related initiatives and process enhancement activities to support business, statutory and regulatory changes. This includes drafting of user requirements and setting up of accounting posting for new product launches etc.

Key Responsibilities

Oversee entire day-to-day Payment Operation. Perform timely payment analysis, review and updates of payment process workflow (SOP) to ensure safeguards and controls are in place. Maintain and undertake review of payment authority limit of the company to ensure payment processes are in accordance with company policies and guidelines.
To review and ensure timely submission and remittance of Withholding Tax.
Perform accurate and timely month end closing activities, month end journals posting, accruals, intercompany transactions and etc.
Oversee Fixed Asset Accounting. Ensure accurate and timely month-end fixed asset closing. This includes monitoring capital expenditure against budget.
Maintain and update of SAP Master Data Request and listing for Finance (e.g. creation of Chart of Accounts, Cost Centre, WBS-Project & RPT) and master data mapping in SAP CAP.
Perform monthly Balance Sheet reconciliation. Proactively follow up with business function on all aged outstanding reconciliations/ collections/ payables in a timely manner. To prepare analysis for review on Management Expenses and highlight key material variances with explanations for material exceptions.
Perform and review intercompany billings and ensure all charges are in accordance with the Service Level Agreement. This includes review and drafting of service level agreements. Also to ensure all billing in compliance with e-Invoice requirements. To ensure timely intercompany settlement within the group.
Participate in setting up new accounting postings for new product launches and other process enhancement. This includes preparation of user requirements to comply with business, statutory & regulatory requirements and perform user acceptance testing on system.
Continuously review and implement controls to improve efficiency of processes within the Finance Department.
Liaise with auditors. Handling audit queries and resolving audit issues.
Any other duties as and when deemed necessary.

Key Requirements

Degree in Accountancy or other equivalent Professional Qualifications
Min 8 year(s) of working experience in related field. Candidates with audit experience are encouraged to apply
Good command of English (both written and oral),
High proficiency in Microsoft Office (Word, Excel, PowerPoint).
Knowledge and experience in SAP accounting system, knowledge and experience in writing business user requirement, banking payment & facilities are added advantages.
Have a strong sense of commitment, teamwork, good interpersonal, communication & stakeholder management skills. Meticulous and detailed oriented.
Knowledge and experience in finance transformation would be an added advantage with ability to establish possible automation and improvement on daily finance operation and activities
Familiar with the use of ChatGPT for tasks simplification

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer.

We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

Assistant Manager, Finance & Accounts