FIND YOUR BETTER AT AIA
If you believe in better, we'd love to hear from you.
About the Role
. Ensure timely, complete, and accurate closing of GOE and CAPEX accounts.
. Prepare GOE and CAPEX reports promptly, in compliance with established accounting standards and regulatory requirements.
. Assist in the annual budgeting process for GOE and CAPEX.
. Support the facilitation and approval process for business cases and expense requests.
Roles and Responsibilities:
Key Responsibilities
- Manage and oversee monthly closing activities for General Operating Expenses (GOE), Capital Expenditure (CAPEX), and project accounting to ensure timely and accurate records.
- Review month-end GOE allocations by Line of Business (LOB) for accuracy and completeness.
- Review and validate monthly GOE accruals and ensure proper accounting treatment.
- Prepare monthly GOE and CAPEX reports, highlighting abnormal variances and project-related spending to management.
- Drive and coordinate the annual budgeting process for GOE and CAPEX.
- Review the expense reporting and financial analysis, including budget variance reviews, cost/scenario analysis to support decision-making.
- Coordinate and communicate with internal stakeholders to collect, consolidate, and clarify cost information, addressing discrepancies in budget components.
- Support the facilitation of business case and expense request approvals through detailed financial analysis.
- Coordinate and liaise with Group Office, external auditors, and internal divisions on matters related to GOE and CAPEX.
- Provide people guidance and coaching to junior team members, including reviewing work quality, building technical capability, and fostering a culture of accountability and continuous improvement.
- Identify opportunities for process improvements and update Standard Operating Procedures (SOPs) for month-end closing activities, including GOE allocation by Line of Business (LOB).
- Perform any other responsibilities periodically assigned by management.
Minimum Job Requirements:
- Candidate must possess at least an Accounting Degree, Professional Accounting Qualification or currently pursuing Professional Accounting Qualification.
- Minimum 4 years of working experience, preferably at managerial position in insurance business.
- Proficiency in Microsoft Excel (Advance Level), SAP accounting system would be an added advantage.
- Highly committed and able to work independently within tight deadlines.
- Excellent communication and people skills.
- Good presentation, analytical and problem solving skills.
