Finance, Consultant

AIA Malaysia; Kuala Lumpur; On-site; MYR 120,000 - 190,000; Full time

Job summary

AIA Malaysia is seeking an experienced Finance professional to manage monthly closing for GOE and CAPEX, and oversee project accounting. You will review allocations by Line of Business and validate accruals, ensuring accurate reporting to management.

You will drive the annual budgeting process for GOE and CAPEX, perform variance analyses, and provide detailed financial insight to support decision-making. Strong Excel skills and SAP knowledge are essential.

Qualifications

• Degree in Accounting or professional accounting qualification.
• 4+ years experience, preferably in managerial role in insurance.
• Proficiency in Advanced Excel; SAP is a plus.
• Independent worker able to meet deadlines.
• Excellent communication and people skills.
• Strong presentation, analytical and problem-solving abilities.

Responsibilities

• Oversee monthly closing for GOE, CAPEX, and project accounting.
• Review month-end GOE allocations by Line of Business (LOB).
• Validate GOE accruals and ensure proper accounting.
• Prepare GOE and CAPEX reports highlighting variances.
• Lead annual budgeting for GOE and CAPEX.
• Conduct budget variance, cost and scenario analyses.
• Coordinate with stakeholders to consolidate cost information.
• Support business case approvals with detailed financial analysis.
• Coordinate with Group Office, auditors, and divisions on GOE/CAPEX.
• Mentor juniors and foster accountability.
• Identify process improvements and update SOPs.
• Perform other responsibilities as assigned.

Skills

Advanced Excel

Analytical thinking

Communication skills

Leadership / People management

Education

Accounting degree or professional qualification

Tools

SAP

Job description

Roles and Responsibilities

• Manage and oversee monthly closing activities for General Operating Expenses (GOE), Capital Expenditure (CAPEX), and project accounting to ensure timely and accurate records.
• Review month-end GOE allocations by Line of Business (LOB) for accuracy and completeness.
• Review and validate monthly GOE accruals and ensure proper accounting treatment.
• Prepare monthly GOE and CAPEX reports, highlighting abnormal variances and project-related spending to management.
• Drive and coordinate the annual budgeting process for GOE and CAPEX.
• Review the expense reporting and financial analysis, including budget variance reviews, cost/scenario analysis to support decision-making.
• Coordinate and communicate with internal stakeholders to collect, consolidate, and clarify cost information, addressing discrepancies in budget components.
• Support the facilitation of business case and expense request approvals through detailed financial analysis.
• Coordinate and liaise with Group Office, external auditors, and internal divisions on matters related to GOE and CAPEX.
• Provide people guidance and coaching to junior team members, including reviewing work quality, building technical capability, and fostering a culture of accountability and continuous improvement.
• Identify opportunities for process improvements and update Standard Operating Procedures (SOPs) for month-end closing activities, including GOE allocation by Line of Business (LOB).
• Perform any other responsibilities periodically assigned by management.

Minimum Job Requirements

• Candidate must possess at least an Accounting Degree, Professional Accounting Qualification or currently pursuing Professional Accounting Qualification.
• Minimum 4 years of working experience, preferably at managerial position in insurance business.
• Proficiency in Microsoft Excel (Advance Level), SAP accounting system would be an added advantage.
• Highly committed and able to work independently within tight deadlines.
• Excellent communication and people skills.
• Good presentation, analytical and problem solving skills.