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Finance Associate

Great Eastern Life Assurance Co Ltd
Singapore, Singapore
Closing date
Aug 11, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job Purpose

The successful candidate will be responsible for the Group financial closing and reporting activities.

The Job

1) To be responsible and support the team in the following Group closing and reporting activities:
a) Prepare and monitor Group closing timelines and activities ;
b) Perform monthly closing of subsidiary accounts and reconciliations ;
c) Prepare consolidation journal entries as well as prepare monthly consolidated financials ;
d) Prepare financial schedules to support Group reporting;
e) Prepare monthly, quarterly and yearly financial reporting pack to Head Office;
f) Address queries from Head Office with regards to the reporting pack.

2) To be part of the team to support and assist in the following reporting activities:-
a) Prepare audited financial statements and supporting schedules;
b) Liaise with external auditor for review and audit of financial statements;
c) Perform analysis of monthly financials.

3) To provide support and assistance in IFRS 17 Day 2 projects and assist in other ad-hoc projects or assignments as assigned.

4) Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.

5) Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.

6) Highlight any potential concerns /risks and proactively shares best risk management practices.

Our Requirements

• Degree or diploma in Accountancy or ACCA or its equivalent.
• Preferably 1 - 2 years of relevant working experience. Candidates with experience in Big 4 audit firms and/or insurance accounting experience would have an added advantage.
• Able to work independently and under pressure to meet tight reporting deadlines. Working on weekends or public holidays to meet deadlines would be required.
• Highly motivated and committed.
• Good analytical and problem solving skills, meticulous and detailed.
• Strong team player with good communication skills.
• Proficient in Microsoft Office.
• 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.

About Great Eastern
Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.

We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.

We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.

Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.

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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