Associate, Management Reports (IFRS)

Great Eastern Life; Kuala Lumpur; On-site; MYR 36,000 - 50,000; Full time

Job summary

A leading insurance company is seeking an Associate for Management Reports, focusing on monthly account closures, financial analysis, and reporting. The role is suitable for fresh graduates in Accounting or Finance, providing an opportunity to work with financial standards in a dynamic environment.

Qualifications

• Fresh graduates or 1-2 years' experience in financial institutions.
• Strong understanding of Financial Reporting Standards.
• Familiar with computerized accounting environments.

Responsibilities

• Review and close monthly Property accounts.
• Prepare and post related journals for monthly close.
• Analyze Management and Distribution Expenses for annual plan.

Skills

Financial Reporting Standards

Computerized Accounting

Proficiency in Microsoft Word

Proficiency in Microsoft Excel

Education

Bachelor's in Accounting

ACCA Certification

Bachelor's in Finance

Job description

Job Description - Associate, Management Reports (IFRS) (200002AA)

Job Number:

200002AA

• Review and close the monthly Property accounts.
• Ensure all property transaction journals from IFCA are interfaced to OFIN General Ledger.
• Prepare and post all related journals for monthly close, such as notional rental, lease WIP capitalization, ESOS/ESPP.
• Reconcile the property register for Self Occupied Property (SOP) and Investment Property (IP).
• Analyze the work in progress account.
• Assess and compile the company's leases on a half-yearly basis.
• Prepare related reports for leases and properties by prescribed deadlines given by the Group.
• Assist in analyzing Management and Distribution Expenses for the company's annual business plan by prescribed deadlines.
• Assist in preparing monthly SMT slides and BOR reports.
• Prepare monthly intercompany billings for all related companies.
• Assist in coding payment vouchers within prescribed limits.
• Prepare and update section's Standard Operating Procedures (SOPs) for Self Occupied Properties, Investment Properties, Leases, etc.
• Qualifications: Fresh graduates in Accounting, ACCA, Finance, or staff with 1-2 years of experience in a financial institution, preferably in life insurance or established audit firms.
• Proficient in Financial Reporting Standards and their application to financial statements.
• Familiar with computerized accounting environments and proficient in Microsoft Word and Excel.