Insurance Audit - Senior Associate, Singapore

KPMG Singapore; Kota Bandung; On-site; SGD 50.000 - 90.000; Full time

Job summary

An established industry player is seeking a skilled audit professional to join their dynamic team. This role involves working closely with clients in the insurance sector, conducting audits under IFRS 17, and utilizing advanced technology and data analytics tools. The ideal candidate will possess a strong background in accountancy, with at least three years of experience in audit execution. You'll have the opportunity to engage in diverse projects, enhance your skills in a collaborative environment, and contribute to innovative solutions that drive success. If you're ready to take on new challenges and grow your career, this position is perfect for you.

Benefits

Flexible Working Framework

Diversity and Inclusion Programs

Professional Growth Opportunities

Qualifications

• 3+ years experience in audit execution in the insurance sector.
• Strong knowledge of IFRS, US GAAP, and SOX-404.

Responsibilities

• Conduct audits of insurance accounting under IFRS 17.
• Work on special projects involving IFRS 17 implementation.

Skills

Audit Execution

IFRS Knowledge

Analytical Skills

Communication Skills

Project Management

Education

Degree in Accountancy

CA Singapore

ACCA

CPA Australia

Tools

Alteryx

KPMG Audit Innovation Tools

Moody

Job description

KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

Job Description

The successful candidate will have the following responsibilities:

1. Working in teams to acquire an in-depth understanding of our client’s business in the insurance sector.
2. Carrying out audit of insurance accounting under IFRS 17 using globally rolled out audit program and methodology.
3. Understanding the relationships between objectives of the audit sections, the need for the sufficiency of audit evidence, and presentation of the conclusions.
4. Assist in special projects which includes involvement in IFRS 17 implementation across regional and local insurance clients.
5. Involvement in using technology and data analytics and auditing tools, such as Alteryx, Moody and KPMG developed audit innovation tools.
6. Be part of the Financial Services audit unit which offers opportunities into other financial institutions, fintech and adjacent industries.

The Ideal Candidate Should Have

1. A recognised degree in Accountancy or professional accounting qualifications such as CA Singapore, ACCA, CPA Australia etc.
2. Brings along at least 3 years of experience in handling a portfolio of clients from planning to audit execution in the insurance sector.
3. Strong knowledge of IFRS (e.g. IFRS 4/17), US GAAP and SOX-404.
4. A good understanding of pertinent business and risk management issues and familiarity with the regulatory and reporting environment.
5. Excellent communication skills, strong analytical skills and excellent business acumen.
6. Self-motivated and able to work independently with minimal supervision.
7. Able to deliver quality presentations and present excellent written deliverables.
8. Possess strong project management skills with the ability to lead a team, including providing direction and support to team members.
9. Ability and willingness to travel as needed.

Only shortlisted candidates will be contacted by KPMG Talent Acquisition team, personal data collected will be used for recruitment purposes only.

At KPMG in Singapore we are committed to creating a diverse and inclusive workplace. We believe that diversity of thought, background and experience strengthens relationships and delivers meaningful benefits to our people, our clients and communities. As an equal opportunity employer, all qualified applicants will receive consideration for employment regardless of age, race, gender identity or expression, colour, marital status, religion, sexual orientation, disability, or other non-merit factors. We celebrate the different talents that our people bring and support every staff member in their journey to achieve personal and professional growth. One of the ways we do this is through Take Charge: Flexi-work, our flexible working framework which enables agile and innovative teams to help deliver our business goals.