Accounting Analyst

CIGNA Insurance; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading global insurance company in Singapore is looking for a qualified accountant to oversee the NBB Finance Controls Framework Documentation and manage monthly accounting tasks. The ideal candidate has experience in SOX and IFRS, strong skills in Oracle, and excels in a fast-paced environment. Responsibilities include monthly closures, financial reporting, and enhancements to accounting processes. This role also requires excellent communication and teamwork skills.

Qualifications

• Experience in SOX or financial reporting internal controls documentation.
• Experience of monthly accounting close process in a fast-paced environment.
• Familiarity with MAS regulatory reporting requirements.

Responsibilities

• Completion of Phase 2 and 3 of NBB Finance Controls Framework Documentation.
• Monthly closing of accounts in Oracle including posting of manual journals.
• Preparation of monthly and adhoc journals.

Skills

Accounting principles

Oracle Experience

Financial Reporting

Strong Communication Skills

Excel Skills

Teamwork

Education

Fully qualified accountant

Tools

Oracle

Job description

Critical Tasks and Expected Contributions/Results:

Completion of Phase 2 and 3 of NBB Finance Controls Framework Documentation Project.

Responsible for ongoing maintenance of NBB Finance Controls Framework Documentation (post-Project).

Responsible for the accounting for the LHB business (GAAP/IFRS 4):

Monthly closing of accounts in Oracle including posting of manual journals

Preparation of monthly and adhoc journals including supporting documentation

Maintenance of LHB memberwise report for UPR and DAC computation

Monthly balance sheet reconciliations for all accounts in line with US SOX requirements

Responsible for the preparation of the IFRS 17 accounts:

Monthly IFRS 17 runs (including preparation of data files) and data / output validations

Reconciliations between IFRS 4 trial balance (Oracle IFRS ledger) to IFRS 17 trial balance (FastPost)

Responsible for the preparation of LHB captive reinsurance statements, invoices and reconciliations

Complete quarterly and year end reporting exhibits to Head Office in line with timetable

Support in annual external audit

Review of manual processes to propose and implement changes to make them more efficient and reduce risk

Support the enhancements and User Acceptance Testing (UAT) for LHB system and processes, to ensure that all accounting requirements are catered for

Supporting the wider finance team in various ad hoc projects

Key Challenges/Anticipated Changes in Environment:

Familiarity with finance reporting risk and controls documentation.

Ongoing enhancements of IFRS 17 systems and processes including data challenges

Manual LHB processes

Be able to juggle priorities and work under pressure to meet tight deadlines.

Be high degree of personal, high intellect, strong financial acumen; with professional integrity and be able to balance and apply accounting principles in a commercial setting

Developmental Value of Position:

Works well independently and takes ownership to influence team environment

Possess a deep hunger and willingness to experiment in order to learn and grow further

Dynamic individual with strong communication and interpersonal skills to productively interact with different colleagues

Experience/Knowledge, Education and Other Requirements:

Fully qualified accountant

Experience in SOX or similar financial reporting internal controls documentation is preferrable

Experience of monthly accounting close process in a fast-paced environment

Experience in insurance and within an international environment is preferable

Familiar with MAS regulatory reporting requirements

Focus on strong control environment and experience of balance sheet reconciliations

US GAAP knowledge is preferable

IFRS 17 knowledge is preferable

Able to work under pressure and meet key deadlines

Experience on Oracle or similar General Ledger packages

Strong excel and general PC skills are essential

Team player who has a hands‑on approach to achieving objectives with ability to motivate self and others

Results oriented individual with a drive for continuous improvement

Flexibility with the ability to prioritize work to ensure tight deadlines are met

Responsible individual who is used to dealing with people at all levels of the organization

Strong communication skills, both written and verbal