Manager, Corporate Accounting

Great Eastern; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading insurance company in Kuala Lumpur is seeking a Manager for Corporate Accounting to oversee financial and statutory reporting. Key responsibilities include ensuring compliance with IFRS/MFRS, managing financial statements, and coordinating audits. The ideal candidate holds a degree in Finance or Accounting and has 5-6 years of experience in financial institutions or audit firms. This role requires strong analytical skills and proficiency in financial systems.

Qualifications

• Minimum 5-6 years of working experience in financial institutions.
• Experience in life insurance or established audit firm preferred.
• Ability to coordinate in audits and liaise with stakeholders.

Responsibilities

• Oversee preparation and review of statutory financial statements.
• Ensure compliance with IFRS/MFRS and regulatory requirements.
• Coordinate with external and internal audit processes.

Skills

Strong knowledge in IFRS/MFRS

Strong analytical and problem-solving skills

High attention to detail

Proficient in Microsoft Excel

Strong communication skills

Education

Degree in Finance or Accounting

Professional qualification (ACCA, CIMA, MICPA, ICAEW)

Tools

Oracle Fusion

TM1/PAFE

Job description

The Manager, Corporate Accounting is responsible for the accuracy and timeliness of financial and statutory reporting for assigned entities, ensuring compliance with IFRS/MFRS, corporate accounting policies, regulatory requirements and assigned entity’s policy.

• Oversee the preparation and review of half yearly and annual statutory financial statements for the local business unit i.e. Great Eastern Life Assurance (Malaysia) Berhad ("GELM"), ensuring full compliance with IFRS/MFRS, corporate accounting policies and regulatory requirements.
• Oversee the preparation and review of the annual consolidated financial statements for GELM’s holding company, Great Eastern Capital (Malaysia) Berhad ("GEC").
• Review and ensure all monthly and quarterly Overseas Chinese Banking Corporation Limited ("OCBC") reporting pack are accurate and submitted on time.
• Review and ensure all half yearly Great Eastern Holdings Limited Singapore ("GEH") reporting packs are accurate and submitted on time.
• Review the quarterly financial statements for quarterly Board Audit Committee("BAC") meetings of GELM.
• Support sustainability reporting in accordance with IFRS/MFRS and regulatory requirements.
• Review and update Standard Operating Procedures (SOPs) periodically to ensure consistency, accuracy and adherence to internal controls.
• The main point of contact between local finance team and Group Finance to resolve financial reporting issues, clarify accounting treatments and ensure consistency of financial information across entities.
• Coordinate in external and internal audit processes, liaising with auditors, regulators and local entity stakeholders.
• Assist Assistant Vice President (AVP)/Vice President (VP) in any other duties as and when required.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

We are looking for people who

• Degree in Finance or Accounting or professional qualification (e.g. ACCA, CIMA, MICPA, ICAEW) or equivalent.
• Minimum 5-6 years of working experience in financial institution preferably life insurance or established audit firm.
• Experience with outsourced or shared service finance environment is an advantage.
• Strong knowledge in IFRS/MFRS, statutory and regulatory reporting requirements.
• High attention to detail, strong analytical and problem-solving skills.
• Proficient in Microsoft Excel, Words, Power Point, financial systems (e.g. Oracle Fusion) and reporting tools (TM1/PAFE).
• High level of integrity takes accountability of work and good attitude over teamwork.
• Takes initiative to improve current state of things e.g. automation and adaptable to embrace new changes

How you succeed

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Who we are

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.