Associate/Assistant Manager - Expense Management

About the Job

As part of the Group Resource & Services Centre (RSC), the Expense Management team plays a critical role in strengthening expense governance and driving standardisation across the Group. As a member of this dynamic team, you will be responsible for expense governance, overseeing budget exercises, and evaluating Group-wide initiatives. You will support the Expense Management Team Lead by coordinating expense management activities, monitoring project progress, and delivering insightful business analytics to support decision-making

• Review and standardise the Group Policy on Expenditure Approval & Procurement and the Group Expenditure Approval Operating Guidelines, with a strong focus on governance and control frameworks
• Participate in the evaluation of Group-wide business initiatives by assessing programme design, budget sufficiency, proposed metrics, business deliverables, and cost reasonableness.
• Conduct expenses management reviews by analysing spending trends to ensure alignment with strategic objectives and drive standardisation of expense practice across the Group.
• Collaborate in the preparation and consolidation of budget template for the annual Group wide Business Planning exercise and providing strategic support
• Contribute to process improvements in data preparation to enable deeper and more effective expense analysis
• Proactively identify opportunities to enhance and streamline reporting and analytical processes.
• Support the Team Lead on project assignments and ad-hoc requests as required.

We are looking for people with

• Degree in Accountancy/Finance/Actuarial or equivalent professional qualifications.
• At least 2-3 years of relevant working experience.
• Good knowledge and experience in the insurance industry would be an advantage.
• A good problem solver and have excellent communication skills.
• Able to work independently and under pressure to meet timelines.
• Self-motivated and committed to achieving results
• Strong analytical and numerical skills, meticulous and detailed
• Strong team player with good communication skills
• Proficient in Microsoft Office
• Goal-orientated and resourceful;
• Attention to detail while maintaining a clear overview of key issues;
• 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.