Associate, Finance Reporting (GEGM)

Great Eastern Life; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading insurance provider in Malaysia is seeking an Associate in Finance Reporting to manage monthly financial closing and ensure compliance with regulatory standards. The role involves financial data analysis, reporting and collaboration with actuarial teams to enhance reporting processes. Candidates should have a relevant degree and experience in the insurance industry, along with strong analytical skills and familiarity with tools like Python and Tableau.

Qualifications

• Minimum 3 years’ experience in the insurance industry, preferably General Insurance.
• High level of integrity and accountability.
• Good knowledge of relevant tax legislation, MFRS, and BNM guidelines.

Responsibilities

• Manage monthly closing accounts and ensure completeness.
• Perform monthly financial data analysis and provide variance reports.
• Coordinate with actuarial team to automate reporting processes.

Skills

Ability to work in a fast-paced environment

Good teamwork and accountability

Initiative for improvements

Experience in Python

Experience in Tableau

Education

Recognised Degree in Accounting

Professional Accounting Qualification

Tools

Alteryx

Oracle Financial System

SAS

Job description

Job Description - Associate, Finance Reporting (GEGM) (250000M3)

Job Number: 250000M3

Associate, Finance Reporting (GEGM)

About the Job

This position is responsible in monthly closing of General and Shareholder fund within the stipulated deadlines and ensure accuracy. This role is essential in supporting accurate and efficient financial closing under the MFRS17 accounting standard. Assists in preparation of Financial Statement and MFRS17 projects or any ad hoc tasks. Overall, this position is key to maintaining smooth financial closing and delivering reliable reporting outcomes.

Responsibilities

• Monthly closing accounts within the stipulated deadlines and ensure completeness.
• Monthly analysis of financial data and provide variance analysis.
• Prepare the group reporting forms correctly and submission within the stipulated deadlines.
• Identify and resolve reporting workflow issues using Alteryx, including troubleshooting log errors and data inconsistencies, to ensure smooth MFRS17 closing. Enhance Alteryx outputs to support MFRS17 closing activities, such as reducing journal entries and improving data organization.
• Liase with the actuarial team to automate reporting processes using SAS and other analytical tools.
• Assist in preparation of Financial Statements.
• Ensure compliance with BNM, MFRS, FSA and relevant regulatory requirements for financial reports required.
• Provide any other support as required.
• 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.

Qualifications

• Possess a recognised Degree in Accounting or Professional Accounting Qualification.
• Minimum 3 years’ experience in insurance industry preferably General insurance.
• Ability to work in a fast-paced environment and manage well through ambiguity and complexity.
• 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.
• Experience in Python, Tableau or other analytical tools.
• Key Knowledge in:
  1. Oracle Financial System
  2. PAS
  3. Good knowledge of relevant tax legislation
  4. Good knowledge of MFRS and accounting standards
  5. Good knowledge of BNM guidelines

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.

To All Recruitment Agencies Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.