At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.Sound like you Then read on.About the Role. To ensure GOE and CAPEX closing is performed timely, complete and accurate.
. To ensure GOE and CAPEX reporting is prepared timely and in accordance with established accounting standard and compliance with regulatory requirements.
Key Responsibilities- Perform timely and accurate month end closing for GOE (General Operating Expenses), CAPEX (Capital Expenditure) and Project Accounting.
- Perform timely and accurate month end GOE Allocation by line of business (LOB).
- Review GOE Accrual on monthly basis.
- To ensure timely preparation of monthly GOE reporting and highlight to management for any unfavourable variances and abnormal expenses.
- Conduct expense reporting and financial analysis including budget variance review, quality cost analysis and scenario analysis to facilitate decision making.
- To ensure timely preparation of monthly CAPEX budget tracking report including review of Ariba's asset purchase requisition.
- Preparation of monthly Project Spent tracking report and highlight to management for any unfavourable variances.
- Effectively communicate, collect and consolidate cost information from internal stakeholders and clarify on any variances regarding budget components.
- Liaise with Group Office, external auditors and internal divisions on GOE and CAPEX related matters.
- Identify improvement in workflow processes and update Standard Operating Procedure (SOP) for month end closing, GOE Allocation by LOB, etc.
- Perform other responsibilities periodically assigned by management.
Non-Financial Measures- Effectively manage timeline to ensure accuracy and efficiency in financial reporting in light of tight schedules.
- Detail oriented and apply meticulous care to all transactions, ensuring compliance to AIA guidelines and local statutory requirements.
- Project management mindset by clearly and proactively communicating with various finance teams and Group Office on data requirements and submission timelines.
- Proactively identify and report any abnormal situations or improvement opportunities in consolidation and reporting activities to supervisors.
- Analytical mindset in identifying issues in consolidation/ reporting for example, reconciliation issues.
- Build collaborative relationships within Local Finance, Group Finance and other relevant functions.
