About The Job
You will be responsible for managing the Company's accounting and reporting deliverables outsourced to shared service provider. The role ensures the accuracy, timeliness and compliance of financial information while maintaining effective internal controls and governance requirements.
- 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.
- Monitor and manage of the performance of the shared service provider against service level agreements (SLA) and key performance indicators and escalating issues to Head of Finance as required.
- Ensure accuracy of general ledger entries, intercompany reconciliations, investment and fixed assets records and consolidation adjustments.
- Act as primary point of contact for the shared service provider on accounting and reporting matters.
- Perform annual review on corporate policies and procedures (e.g. accounting policies, related party transactions).
- Conduct annual outsourcing review for shared service provider. This includes preparation of outsourcing appendices and collation of supporting documentations.
- Assist in technical accounting assessments and implementation of new accounting standards and regulatory requirements.
- Maintain strong governance and internal control frameworks across outsourced operations, ensuring business continuity risk mitigation are in place.
- Coordinate audit processes, liaising with external auditors, internal auditors, regulators, and shared service teams.
- Support special projects including system upgrades, process improvements and complex business transactions.
- Collaborate with Business Finance, Corporate Treasury, and other CFO Division functions to provide accounting expertise in support of 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 5 years of working experiences in financial institution preferably life insurance or established audit firm.
- Experience in working with or managing outsourced/shared service finance functions is an advantage.
- Proficient in Microsoft Excel, Words and Power Point and financial systems and reporting tools.
- Strong technical knowledge in IFRS/MFRS, statutory and regulatory reporting requirements.
- Attention to detail, strong analytical and problem-solving skills.
- 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.
