Assistant Manager, Finance (Fixed Asset & Tax)

About the Job

We are seeking a highly motivated and detail-oriented finance professional to join our dynamic Finance team. This role is pivotal i ensuring the delivery of timely, accurate and insightful management reports for Great Eastern Group of Companies. You will also play a key role in ensuring compliance with accounting standards, tax regulations and internal policies.

Fixed Asset

• To maintain and update fixed asset register of the entity in accordance with IAS 16.
• To ensure accurate recording of asset transactions including additions, disposals, depreciation etc in accordance with IAS 16.
• To monitor internal project progress to ensure timely capitalization of assets.
• To perform reconciliations of fixed asset records with accounting systems and address any discrepancies.
• To perform impairment assessment of fixed assets in accordance with IAS 36.

Leases

• To maintain the lease register and ensure accurate updates for new, renewed or expired leases.
• Coordinate with Business Units to validate lease changes
• To prepare lease schedules in accordance with the IFRS 16 Leases.
• To ensure the necessary accounting entries in relation to the leases are posted to the system on timely basis.

Tax Compliance and Reporting

• To prepare and file tax returns, including corporate, withholding and indirect tax returns within the statutory deadlines and ensure compliance with relevant laws and regulations.
• To coordinate with Investment team to ensure sufficient funds tax payments.
• To prepare payment request forms and other supporting documents for all tax payments.
• To prepare the monthly income tax and deferred tax provisions and to ensure the necessary tax entries are posted to the relevant accounts accurately.

Ad-Hoc

• Perform other ad-hoc duties as assigned by the superior as and when required.

We are looking for people who

• Degree holder in Accounting/ Finance/ Business Administration or a recognised professional accounting qualification or recognised qualification in Life Insurance Operations (e.g. LOMA, MII)
• 3-4 years of working experience with minimum 2 years of experience in supervisory roles.
• Knowledge in Accounting Systems.
• Professional experience in tax and insurance industries.
• Good time management and detailed-oriented.
• Good communication skills – written/verbal.
• Able to work independently and a good team player.
• Analytical thinking, cross functional knowledge, finance best practice, proactive in solving any issues.
• Proficient in Microsoft Office/Excel and good in other computer skills.

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.

About Great Eastern

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.