Closing & Reconciliation Accounting Associate

Panin Dai-ichi Life; Jakarta Pusat; On-site; IDR 89,280,000 - 156,240,000; Full time

Job summary

Panin Dai-ichi Life in Jakarta seeks an Accounting Associate to manage monthly, quarterly, and annual closing processes, including journal entries and accruals. You will maintain balance sheet reconciliations and provide coordination for regulatory reporting, audits, and process improvements.

The role requires 2–4 years of accounting experience, IFRS/PSAK knowledge, and strong data reconciliation skills, with a focus on accuracy and timelines.

Qualifications

• 2–4 years of accounting experience, preferably in insurance or financial services.
• Experience with monthly closing, journal entries, reconciliations, and financial reporting.
• Knowledge of PSAK/IFRS and general accounting principles.
• Experience dealing with large transaction volumes from multiple data sources/systems.
• Experience 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 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.

Skills

Monthly closing

Journal entries

Account reconciliation

Financial reporting

IFRS/PSAK knowledge

Education

Bachelors in Accounting

Tools

SUN accounting system

Job description

Panin Dai-ichi Life in Jakarta seeks an Accounting Associate to manage monthly, quarterly, and annual closing processes, including journal entries and accruals. You will maintain balance sheet reconciliations and provide coordination for regulatory reporting, audits, and process improvements.

The role requires 2–4 years of accounting experience, IFRS/PSAK knowledge, and strong data reconciliation skills, with a focus on accuracy and timelines.