Analyst, Finance Governance & Controls

AIA SINGAPORE PRIVATE LIMITED; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A financial services company in Singapore is seeking a professional to ensure governance activities over financial reporting processes. The role involves managing financial controls assessments, balance sheet reconciliations, and certification processes. Ideal candidates will have 3 to 5 years of experience in the insurance or financial sectors, qualified CPA, and strong analytical skills. Proficiency in Microsoft Excel and other reporting tools is required.

Qualifications

• 3 to 5 years of relevant work experience in an insurance company or financial sector.
• Preferably 2 to 3 years of audits or internal controls related experience.
• Good understanding of accounting and month-end financial closing process.

Responsibilities

• Support financial controls self-assessments.
• Perform review of balance sheet reconciliations.
• Manage quarter financial certification process.

Skills

Analytical skills

Communication skills

Internal control principles knowledge

Problem-solving skills

Microsoft Excel proficiency

Education

CPA with degree in Accountancy or ACCA

Tools

Microsoft Excel

Alteryx

Visio

Job description

Job Description

Responsible to support the team in ensuring governance activities are in place over the processes of financial reporting through risk assessment exercise as well as setting of relevant controls and standards.

Key Responsibilities:

(1) Internal Control over Financial Reporting (ICFR)

• Support the periodic financial controls self-assessments on ICFR of all Singapore financial reporting entities.
• Support team the identification of risk and control for internal control over reporting, as well as areas of improvement.
• Support the ICFR audit, including coordinate and participate in walkthrough session with process owners before commencement of ICFR audit.
• Support ad-hoc projects, including adoption of new risks and controls framework for ICFR, implementation of system for controls self-assessments.

(2) Balance Sheet Reconciliation

• Perform the review of balance sheet reconciliations to ensure balance sheet accounts are supported with appropriate documents for all reporting entities in Singapore.
• Monitor and suggest resolutions where possible to ensure long outstanding exposure items are progressively resolved/addressed by process owners.

(3) Financial Closing Certification

• Manage the quarter financial certification process to ensure all activities required for financial closing certification are signed off within the stipulated timeline given.
• Highlight non-compliance issues to Management in a timely manner.

(4) Proper Governance

• Drive other adhoc governance related activities, including third party financials due diligence review, journal review, etc
• Oversee and provide support to Finance teams on the operational risks and controls self-assessments.
• Support the setting policies or controls to close the identified controls gaps.
• Support / lead other ad-hoc tasks, including special review or investigations to identify areas of improvement and address control gaps.

Requirements:

• 3 to 5 years of relevant work experience in an insurance company or financial related sector, with preferably 2 to 3 years of audits or internal controls related experience
• Qualified CPA with degree in Accountancy or ACCA
• Good knowledge of internal control principles and risk management practices
• Good understanding in accounting, and month end financial closing process
• Good working knowledge of operations and insurance regulations
• Strong in Microsoft Excel, Word, PowerPoint. Proficiency in additional tools such as Visio, Alteryx, etc., is an advantage
• Strong analytical, meticulous, investigative and problem-solving skills, and independent
• Excellent communication skills, both written and verbal