Accounts Payable - Melbourne

Factory Mutual Insurance Company; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A global insurance firm is seeking an Accounting Associate based in Singapore. This role involves preparing, processing, and analyzing accounts payable transactions, as well as supporting financial tasks with minimal supervision. The ideal candidate will have at least 5 years of accounts payable experience and a finance-related diploma. Proficiency in financial systems and attention to detail are crucial for ensuring quality work. Knowledge of GST rules in Australia and New Zealand is preferred for this position.

Qualifications

• At least 5 years of AP experience required.
• Familiarity with general accounting principles and practices.
• Knowledge of GST rules in Australia and New Zealand preferred.

Responsibilities

• Prepare, track, and process routine accounts payable transactions.
• Analyze and reconcile financial documentation.
• Conduct monthly and quarterly audits.

Skills

Accounts Payable (AP) experience

Analytical thinking

Attention to detail

Good communication skills

Customer service skills

Education

Finance related Diploma or equivalent

Tools

PeopleSoft

Microsoft Excel

Microsoft Access

Microsoft PowerPoint

Microsoft Word

Job description

Overview

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering‑based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state‑of‑the‑art loss‑prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles. Are you ready for an exciting opportunity?

The Asia Pacific Division has an opening for an Accounting Associate to be based in the Melbourne office.

The Accounting Associate will prepare, process, and analyze accounting and/or financial transaction information to support ongoing Accounting, Treasury or other Finance tasks and projects, with limited supervision from more senior accounting personnel and/or management. The incumbent typically handles routine processes, reports and information within their specific function. The incumbent will be responsible for Australia and New Zealand payments; and is also a back‑up within the team in handling other Asia countries (China, Hong Kong, Japan, Korea, Malaysia, Philippines and Singapore).

Responsibilities

• prepares, tracks and processes routine accounts payable (AP) transactions accurately and in a timely manner following established procedures and guidelines within a specific area of technical expertise (e.g. payables, reporting, cash management, etc.);
• analyzes and reconciles source information/documentation in financial systems on a regular basis;
• handles follow up and resolves issues and discrepancies pertaining to employees' reimbursement, vendors, external auditors and cost centre owners;
• conducts monthly & quarterly audits, half annual reporting and annual checks & balances, to ensure that the operation is in compliance and meets regulatory and tax requirements;
• performs effective and timely validation of own work to ensure quality work with minimum errors;
• participates in special projects to provide routine accounting support within a specific area of expertise;
• performs other duties as assigned.

Qualifications

• Finance related Diploma or equivalent;
• at least 5 years of AP experience;
• familiarity with general accounting principles and practices; and thorough understanding of technical operations and accounting techniques within the team's area of expertise (e.g. payables, reporting, cash management, etc.) usually acquired through 5+ years of experience in that area of expertise;
• knowledge on GST rules in Australia and New Zealand will be preferred;
• proficiency with financial systems and standard software applications (PeopleSoft; Microsoft Excel, Access, PowerPoint, and Word);
• attention to detail and focus on tasks at hand;
• good analytical thinking and problem‑solving skills;
• good communication and customer service skills;
• ability to work in a routine, deadline‑driven environment;
• ability to work independently with minimal supervision and good time management.

Equal Opportunity

FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

Links

• FM Website
• FM YouTube Channel
• Insure Your Career at FM
• Engineer Careers
• FM Resilience
• FM - LinkedIn

You must have the right to work in Australia to be considered for this role (Australian citizen, permanent resident, NZ resident).