Finance Operations Specialist - Contract (Maternity Cover)

Joinimagine; Kuala Lumpur; On-site; MYR 56,000 - 89,000; Full time

Job summary

Allianz Services, part of Allianz Group, is seeking a Finance Operations professional in Kuala Lumpur on a fixed-term contract to support maternity leave coverage. You will handle settlements, credit control and daily processing for intermediaries within the Agency portfolio.

You will communicate with intermediaries and internal teams, contribute to process improvements in AR and cash reconciliations, and participate in finance transformation projects and system UAT as required.

Qualifications

• Tertiary Education in Accountancy and Finance or related studies.
• Minimum 3 years in credit control function and with working experience in the insurance industry.
• Excellent analytical, problem-solving and communication skills
• High level of integrity and attention to details
• Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management
• Ability to identify patterns and root causes in complex data and processes to distill key issues
• Ability to handle complex processes including understanding of data flows
• Ability to navigate ambiguous and complex situation/ process
• Versatile with good knowledge and understanding in Finance Operations works and processes

Responsibilities

• Manage settlement for premiums, commissions, credit control and daily finance operation processing on intermediaries for Agency portfolio
• Establish and improve the processes of credit control for portfolio where necessary
• Perform issuance of Notice of Cancellation and Letter of Demand and liaise with external agencies/ law firm for recovery of premiums
• Propose and perform write off for non-collectible premiums
• Manage reconciliation of funds received and perform inter system and suspense reconciliation
• Perform receipting allocation and reconciliation and liaise with internal/ external stakeholders to resolve related issues
• Responsible for sending statement of account and commission advice for intermediaries
• Liaise with intermediaries and Policy Management Team to resolve discrepancies in policy booking and premium reconciliation
• Perform processing works with data security control execution
• Manage and resolve all disputes and issues with intermediaries in collection of premiums
• Propose and establish improvements in processes and controls in AR scope of work
• Establish SOP for AR scope of work assigned where need be
• Liaise with Business Development Teams in the management of intermediaries
• Liaise with IT Technical Team and/ or Policy Management Team to resolve discrepancies in bookings, GST and intermediaries account set up that affects premium collection
• Ad-Hoc project/ job as assigned by Head of Finance Operations from time to time

Skills

Analytical thinking

Problem solving

Communication skills

Integrity

Attention to detail

Written communication

Data interpretation

Education

Degree in Accountancy/Finance or related

Job description

Allianz Services, part of Allianz Group, is seeking a Finance Operations professional in Kuala Lumpur on a fixed-term contract to support maternity leave coverage. You will handle settlements, credit control and daily processing for intermediaries within the Agency portfolio.

You will communicate with intermediaries and internal teams, contribute to process improvements in AR and cash reconciliations, and participate in finance transformation projects and system UAT as required.