Finance Associate Consultant

WTW; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading insurance technology provider in Kuala Lumpur seeks a qualified Accountant with 12-15 years of experience in the insurance industry. The role involves coordinating with clients on financial reporting, understanding accounting specifications, and ensuring compliance with IFRS 17. Strong project management and interpersonal skills are essential for building client relationships. The position offers opportunities to support financial analytical frameworks and adhere to project timelines.

Qualifications

• 12-15 years of work experience in relevant fields.
• Knowledge of IFRS 17 and insurance financial statements.
• Experience in Insurance life or P&C Industry.

Responsibilities

• Coordinate with accounting leads to finalize implementation requirements.
• Understand client technical accounting specifications.
• Design financial closing reporting processes under IFRS 17.

Skills

Qualified Accountant

Project management skills

Interpersonal skills

Flexibility in changing environment

Education

Equivalent qualifications

Tools

SUN

SAP

Oracle

Job description

Overview

Insurance Consulting and Technology combines strategic and analytical skills to solve practical business problems, applying the latest techniques and technology solutions. Its client base comprises insurance companies operating in global and domestic markets (including P&C, life, A&H, captives, and reinsurers), corporate clients, regulators, and other insurance-related entities. As well as advising more than three-quarters of the world’s leading insurers, Insurance Consulting and Technology is the world’s largest provider of insurance actuarial and technology solutions that includes leading software products and enterprise platforms.

The Role

Responsibilities

• Coordinate with the accounting workstream leads on the client side to ensure implementation requirements for finance are understood and solutions is finalized in discussion with regional and central finance teams of WTW
• Understand client disclosure tables and CoA and ensure mapping is done with WTW output files
• Understand client technical accounting specifications and clarify WTW accounting positions and ensure client CoA are aligned with WTW accounting requirements at the time of integrations
• Work with clients to ensure their local accounting trial balance are bridged with WTW CoA to drive a single company-level CoA
• Designing financial closing reporting processes and relevant reporting controls under IFRS 17
• Support UAT test cases for financial reporting and provide comfort that financial mapping and outputs match with the output tables of ResQ FR and RAFM
• Support clients in building management information systems and financial analytical framework
• Perform ad hoc tasks as and when required
• Adhere closely to project timeline and escalate issues in a timely manner

Qualifications

The Requirements

• Qualified Accountant or Equivalent qualifications with at least 12-15 years of work experience
• Experience in Insurance life or P&C Industry
• Knowledge of IFRS 17 and insurance company’s financial statements
• Knowledge of SUN, SAP, or Oracle Accounting systems is an advantage
• Good project management skills
• Good knowledge of the finance function, its organization, processes and systems, and current accounting practices under IFRS 4
• Flexibility in responding to the changing business environment and desire for continuous improvements
• A proven track record of establishing and sustaining strong client relationships and good interpersonal skills

Equal Opportunity Employer