About the Job
We are looking for an experienced Finance assistant manager to join our dynamic finance division in the insurance industry. The ideal candidate will have a strong background in financial reporting, finance operations, process optimization, and team leadership within the insurance industry. This role ensures accurate reporting, timely reconciliation, and efficient operations while leading a centralization project to integrate reporting and operating work from multiple entities.
- Assist in Month-end Closing Activities, Reconciliation & Reporting: Perform finance tasks including intercompany transactions, fixed assets management, lease, reconciliation, management expenses closing activities, control quality management, service level agreements for centralized services, and other financial activities across multiple entities. Ensure monthly closing and account reconciliations are completed accurately, with discrepancies identified and resolved in a timely manner.
- Process Improvement & Efficiency: Identify opportunities to streamline financial processes, reduce manual intervention, and enhance productivity across all the finance functions. Implement process improvements and automation tools that support strategic initiatives and drive operational excellence.
- Project Involvement: Participated in centralization initiatives, including performing testing and uploading journals related to month-end closing activities, particularly in the Fixed Assets and Intercompany modules in the Oracle Fusion upgrade project. Supported the migration of the accounting system to the cloud by ensuring accuracy, completeness, and a smooth transition. Collaborated with cross-functional teams to standardize processes, implement best practices, and enhance overall operational efficiency.
- Control Quality Management: Support company's control and quality assurance standards by monitoring process, perform quality checks, identifying control gaps, track incident reports. Assist in risk and compliance monitoring activities. Coordinate with internal and external auditors, addressing audit findings and implementing corrective actions.
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.
We are looking for people with
- Possess a recognised Degree in Accounting or Finance;
- 1–3 years of experience in Quality Assurance, Controls, Operations, Finance Ops, Shared Services, Compliance, or Audit;
- Excellent technical, analytical, and problem solving skills;
- High level of integrity, takes accountability of work and good attitude over teamwork;
- Takes initiative to improve current state of things and adaptable to embrace new changes.
How you succeed
- Champion and embody our Core Values in everyday tasks and interactions.
- Demonstrate high level of integrity and accountability.
- Take initiative to drive improvements and embrace change.
- Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
- Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.
Who we are
Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.
The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of AA- by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.
Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
