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Finance Operations Intern

Singapore, Singapore
Closing date
Aug 4, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Entity: Allianz Insurance Singapore

This is an intern position within the finance function and will assist the Finance Operations Team in reconciliation and processing works in the scope of Accounts Receivable and Payable. The Finance Operations Team is responsible for several key functions and operations that are crucial to the running of the company including: Receipt reconciliation for premiums and premium refunds for policyholders, commission payout to intermediaries and payments to our suppliers. This is an excellent opportunity for the successful candidate to obtain real hands-on finance operations experience within a dynamic working environment.

Candidates should be able to commit either part-time (3 working days/week) or full time for a period of 6 months .

The intern will be responsible for assisting the team with:

Accounts Receivable
  • Process commission pay out in system and send Monthly Statement of Account and Commission Advice to agencies
  • Assist with receipting and reconcile unposted receipts
  • Process transfer premium from cancelled policy to new policy
  • Assist in cheque recording
  • Perform administrative works or other ad-hoc tasks as per assigned

Accounts Payable
  • Assist in journal posting for insurance related payments
  • Assist in processing of premium refund
  • Handle the payment processing for vendors/ supplies and staff reimbursements picking up requests from designated mailbox, ensuring appropriate approval, sanction screening and supporting documents (invoice/ receipt/ contract) are provided
  • End to end vendor/ staff reimbursement payment processing to perform data input of payments, posting journals in SAP and execute for payment run to bank portal

Capabilities and Qualifications:
  • Currently studying or completed studies in an Finance subject-related tertiary course (e.g., Finance management and Accounting etc).
  • Proficient in Microsoft Office applications, in particular Excel, Power Point and Words.
  • Possesses good attention to detail, interpersonal skills, reliability & conscientiousness.
  • Strong analytical skills.
For interested candidates, we hope you're ready to join a workforce that's #UnstoppableTogether. We await your application.

51107 | Finance & Accounting | Student | n.a. | Allianz Singapore | Full Time or Part Time | Temporary Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board. Let's care for tomorrow.

Note: Diversity of minds is an integral part of Allianz' company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.

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