Associate - Finance (Accs_Ops and Systems)

The role is to assist Finance Assistant Manager and Manager in leading the team in Finance Operation with key focus on monthly closing activities, expenses allocation, bank and accounts reconciliation, daily operations activities and manage other assignments as and when assigned.

• Involve in the monthly closing activities and daily tasks by the stipulated timelines.
• Perform bank and account reconciliation and ensure clearance within the stipulated timeframe, which includes liaising with various user departments.
• Manage bank and account balances in compliance with the Standard Operating Procedures (SOPs).
• Investigate and resolve the variances and ensure all outstanding items are itemized with reasons and actions are taken as specified in the SOPs unless with valid reason as well as ad hoc activities associated. Attend to the outstanding items or issues in a timely manner.
• Prepare Profit and Loss Report (P&L) by Distribution Channel.
• Ensure SOPs are reviewed and updated to reflect the actual practice on a yearly basis.
• Assists Finance Assistant Manager and Manager in any other assignments as and when required.
• Perform/review and support daily finance operations activities (e.g. projection of cashflow, payment voucher coding, supplier bank assignment and etc.).
• Assists in expense allocation for reporting purpose.
• Implement processes to improve productivity and efficiency of finance operations and reconciliation.
• Assist in review/update department Policies, SOPs, audit requirement and other ad hoc tasks as and when assigned by superiors.
• Involve in projects such as Centralisation and Oracle Cloud Fusion project, aimed at integrating reconciliation and operating activities from various entities into a unified process.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

• Accounting / Finance Degree from recognised University or part qualification in professional accountancy / finance examinations with relevant working experience.
• Good communication skills-written / verbal, good inter-personal skills, relevant computer application skills (e.g. Microsoft Excel, SQL, Microsoft Excel VBA, etc.) and analytical skills.
• Adequate knowledge in accounting and systems including Oracle Financials (OFIN) accounting system, FPMS system, Life Asia system, GS400 system and MBS400 system.
• Functional competencies of financial applications, financial transaction processing, financial best practice and cross functional knowledge as well as behavioural competencies of information seeking, concern for order and quality, passion for excellence, integrity, teamwork and cooperation.
• 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.

• 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.

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.