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Great Eastern

Associate/Assistant Manager, Corporate Accounting

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Job Description

About The Job

In this role, you will provide support in the review and analysis of accounting and reporting deliverables prepared by shared service provider. The role ensures financial information is accurate, complete and compliant with accounting standards, regulatory requirements and Company's policies.

  • Review monthly, quarterly and annual reports and financial statements prepared by shared service provider, ensuring compliance with IFRS/MFRS, corporate accounting policies and regulatory requirements.
  • Assist in monitoring and managing the performance of the shared service provider against service level agreements (SLA) and key performance indicators, escalating issues to Manager or Head of Corporate Accounting as required.
  • Work with shared service teams to resolve discrepancies in accounting records and reconciliations
  • Support the annual review of corporate policies and procedures (e.g. accounting policies, related party transactions).
  • Assist in the annual outsourcing review for shared service provider. This includes preparation of outsourcing appendices and collation of supporting documentations.
  • Support technical accounting assessments and implementation of new accounting standards and regulatory requirements
  • Assist in the audit processes, liaising with external auditors, internal auditors, regulators, and shared service teams.
  • Support special projects including system upgrades, process improvements and business transactions (e.g. M&A, restructuring)
  • Provide data and analysis to Business Finance, Corporate Treasury and other CFO Division functions to support strategic decision-making.

We are looking for people who

  • Degree in Finance or Accounting or professional qualification (e.g. ACCA, CIMA, MICPA, ICAEW) or equivalent.
  • Minimum 2 to 3 years (Assistant Manager) or 1 to 2 years (Associate) of working experience in financial institution preferably life insurance or established audit firm.
  • Experience with outsourced or shared service finance environment is an advantage.
  • Knowledge in IFRS/MFRS, statutory and regulatory reporting requirements.
  • Attention to detail, strong analytical and problem-solving skills.
  • Proficient in Microsoft Excel, Words and Power Point and financial systems and reporting tools.
  • 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.

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About Company

Job ID: 139178459