Assistant Manager, Corporate Accounting

Great Eastern; Kuala Lumpur; On-site; MYR 60,000 - 120,000; Full time

Job summary

Great Eastern in Malaysia is seeking a Finance Analyst to review monthly, quarterly and annual reports prepared by our shared service provider, ensuring IFRS/MFRS compliance and alignment with corporate accounting policies.

You will monitor service levels, resolve discrepancies, contribute to policy reviews, support audits, and assist in system upgrades and strategic projects. Ideal candidates have 3–5 years of experience, accounting degree, and strong Excel skills.

Qualifications

• Degree in Finance or Accounting or a professional qualification (ACCA, CIMA, MICPA, ICAEW).
• 3 to 5 years of relevant experience.
• Good knowledge of local IFRS/MFRS reporting and insurance/takaful industry is a plus.
• Strong problem-solving, communication and teamwork skills.
• Proficient in Microsoft Office.

Responsibilities

• Review monthly, quarterly and annual reports and financial statements for IFRS/MFRS compliance.
• Monitor shared service provider performance against SLA/KPI and escalate issues as needed.
• Resolve discrepancies in accounting records and reconciliations.
• Assist annual policy and procedure reviews.
• Support outsourcing reviews and collate supporting documents.
• Assist technical accounting assessments and new standards implementations.
• Support audit processes with external/internal auditors.
• Assist in system upgrades, process improvements and strategic transactions.
• Provide data/analysis to Business Finance, Corporate Treasury and CFO divisions.

Skills

Analytical skills

Communication skills

Independence

Team player

MS Office proficiency

Education

Degree in Finance or Accounting

Professional qualification (ACCA/CIMA/MICPA/ICAEW)

Tools

Microsoft Office

Job description

In this role, you will provide support in the review and analysis of accounting and reporting deliverables prepared by shared service provider. The role ensures financial information is accurate, complete and compliant with accounting standards, regulatory requirements and Company’s policies.

• Review monthly, quarterly and annual reports and financial statements prepared by shared service provider, ensuring compliance with IFRS/MFRS, corporate accounting policies and regulatory requirements.
• Assist in monitoring and managing the performance of the shared service provider against service level agreements(“SLA”) and key performance indicators, escalating issues to Manager or Head of Finance as required.
• Work with shared service teams to resolve discrepancies in accounting records and reconciliations
• Support the annual review of corporate policies and procedures (e.g. accounting policies, related party transactions).
• Assist in the annual outsourcing review for shared service provider. This includes preparation of outsourcing appendices and collation of supporting documentations.
• Support technical accounting assessments and implementation of new accounting standards and regulatory requirements
• Assist in the audit processes, liaising with external auditors, internal auditors, regulators, and shared service teams.
• Support special projects including system upgrades, process improvements and business transactions (e.g. M&A, restructuring)
• Provide data and analysis to Business Finance, Corporate Treasury and other CFO Division functions to support strategic decision-making.

We are looking for people who

• Degree in Finance or Accounting or professional qualification (e.g. ACCA, CIMA, MICPA, ICAEW) or equivalent.
• 3 to 5 years of relevant working experience.
• Good knowledge of local/IFRS reporting standards and experience in the insurance/takaful industry would be an advantage.
• A good problem solver and have good communication skills.
• Able to work independently and under pressure to meet project timelines.
• Self-motivated and committed to drive the team towards achieving results.
• Strong analytical and numerical skills, meticulous and detailed.
• Strong team player with good communication skills.
• Proficient in Microsoft Office.
• 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

How you succeed

• 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.

Who we are

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.