Finance Specialist

AIA Malaysia; Kampung Malaysia Tambahan; On-site; MYR 120,000 - 180,000; Full time

Job summary

AIA Malaysia is seeking an experienced accounting professional to ensure timely closing of GOE and CAPEX accounts, prepare related reports, and support budgeting processes. The role requires strong Excel skills and familiarity with SAP.

Candidates should have at least an Accounting Degree or professional qualification, with a minimum of four years in insurance, and capable of independent work under tight deadlines while delivering clear analyses to management.

Qualifications

• Accounting degree or professional qualification is required or being pursued.
• Minimum 4 years of experience, preferably in insurance, with managerial exposure.
• Proficiency in Microsoft Excel (Advanced); SAP experience is a plus.

Responsibilities

• Close GOE and CAPEX accounts timely, completely, and accurately.
• Prepare GOE and CAPEX reports in line with accounting standards and regulations.
• Assist in annual budgeting for GOE and CAPEX.
• Support business cases and expense request approvals.

Skills

Excel

Communication

Analytical skills

Problem solving

Presentation

Education

Accounting degree or professional qualification

Tools

SAP

Job description

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

It’s about finding new ways to not only better people’s lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.

And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business.

Position Objective:

• Ensure timely, complete, and accurate closing of GOE and CAPEX accounts.
• Prepare GOE and CAPEX reports promptly, in compliance with established accounting standards and regulatory requirements.
• Assist in the annual budgeting process for GOE and CAPEX.
• Support the facilitation and approval process for business cases and expense requests.

Roles and Responsibilities:

Key Responsibilities

• Perform monthly closing activities for General Operating Expenses (GOE), Capital Expenditure (CAPEX), and project accounting to ensure timely and accurate records.
• Perform and support of month-end GOE allocations by Line of Business (LOB) for accuracy and completeness.
• Perform 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.
• Contribute to the annual budgeting process for GOE and CAPEX.
• Assist in conducting 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.
• 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.
• 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.