Accounting Associate

Panin Dai-ichi Life; Jakarta Barat; On-site; IDR 70,000,000 - 120,000,000; Full time

Job summary

Panin Dai-ichi Life in Indonesia seeks a meticulous Accounting Closing Analyst to handle monthly, quarterly, and annual closing activities, including journal preparations, accruals, adjustments, and closing schedules.

The role requires maintaining balance sheet reconciliations, investigating differences, and ensuring timely resolution, with strong PSAK/IFRS knowledge. You will coordinate with multiple departments and prepare schedules for audits and regulatory reporting.

Qualifications

• Hands-on experience in monthly closing, journal entries, account reconciliation, and financial reporting.
• Experience dealing with large transaction volumes and multiple data sources/systems.
• Familiarity with life insurance accounting is a strong advantage.

Responsibilities

• Perform monthly, quarterly, and annual closing activities, including journal preparation, accruals, adjustments, and closing schedules.
• Prepare and maintain balance sheet reconciliations, investigate differences, and ensure reconciling items are resolved on a timely basis.
• Prepare accounting schedules and supporting information for management, statutory, regulatory, and financial reporting purposes.
• Ensure accounting transactions are recorded accurately, completely, and in accordance with applicable accounting policies and standards.
• Reconcile accounting data between source systems, sub-ledgers, and general ledger.
• Analyze significant movements in balance sheet and P&L accounts and provide clear explanations for unusual movements.
• Identify accounting issues or discrepancies, investigate root causes, coordinate with relevant departments, and ensure timely resolution.
• Prepare supporting documents and schedules for external/internal audit, OJK reporting, tax review, and other regulatory requirements.
• Identify opportunities to improve, standardize, or automate accounting and reconciliation processes.
• Coordinate with Operations, Actuarial, Investment, IT, Tax, Finance Operations, and other departments to resolve accounting and data issues.

Skills

Monthly closing experience

Journal entries

Account reconciliation

Financial reporting

IFRS/PSAK knowledge

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

SUN accounting system

Job description

All assigned closing activities completed within the agreed monthly/quarterly closing timetable.

Minimal material errors in journals, reconciliations, and reporting schedules. No repeated significant errors.

100% of assigned balance sheet accounts reconciled monthly, with proper supporting documents

Reconciling items investigated and cleared within agreed SLA; no unexplained long-outstanding items.

Key accounts successfully reconciled between GL, sub-ledger/source systems, and supporting data.

Significant balance sheet/P\&L movements are identified proactively and supported by clear, accurate explanations.

Accounting issues are followed through to closure within agreed timelines, with root causes properly identified and documented.

No significant audit or internal-control findings caused by failure to perform assigned accounting responsibilities. Repeat findings should be zero.

Brief Job Description :

Perform monthly, quarterly, and annual closing activities, including journal preparation, accruals, adjustments, and closing schedules.

Prepare and maintain balance sheet reconciliations, investigate differences, and ensure reconciling items are resolved on a timely basis.

Prepare accounting schedules and supporting information for management, statutory, regulatory, and financial reporting purposes.

Ensure accounting transactions are recorded accurately, completely, and in accordance with applicable accounting policies and standards.

Reconcile accounting data between source systems, sub-ledgers, and general ledger.

Analyze significant movements in balance sheet and P\&L accounts and provide clear explanations for unusual or unexpected movements.

Identify accounting issues or discrepancies, investigate root causes, coordinate with relevant departments, and ensure timely resolution.

Prepare supporting documents and schedules for external/internal audit, OJK reporting, tax review, and other regulatory requirements.

Identify opportunities to improve, standardize, or automate accounting and reconciliation processes.

Coordinate with Operations, Actuarial, Investment, IT, Tax, Finance Operations, and other departments to resolve accounting and data issues.

Technical Competency Requirement :

Bachelor’s degree in Accounting, Finance, or related field.

Minimum 2–4 years of relevant accounting experience; insurance or financial services experience is preferred.

Hands-on experience in monthly closing, journal entries, account reconciliation, and financial reporting.

Good understanding of PSAK/IFRS and general accounting principles.

Experience in preparing and reviewing balance sheet reconciliations and supporting schedules.

Experience dealing with large transaction volumes and multiple data sources/systems.

Familiarity with life insurance accounting and SUN accounting system is a strong advantage.

Able and willing to work hands-on, including detailed reconciliations, data checking, investigation of differences, and journal preparation.

Able to work under tight deadlines, particularly during month-end, quarter-end, and year-end closing.

Having an experience in KAP/ Insurance Companies will be a strong advantage