Assistant Accountant

Everest Re Group, Ltd.; Singapore; On-site; USD 35,000 - 55,000; Full time

Job summary

An established industry player is seeking an Assistant Accountant to support its Finance Operations team. This role involves managing accounts payable and receivable tasks, ensuring compliance with company policies, and collaborating with various departments on transformation projects. The ideal candidate will have experience in invoice processing and payment execution, particularly using ERP Oracle. Join a forward-thinking company that values inclusivity and professional growth, offering dynamic training and flexible work arrangements.

Benefits

Flexible work arrangements

Generous tuition reimbursement

Professional development opportunities

Qualifications

• 3-5 years of experience in accounts payable/accounts receivable.
• Proficiency in ERP Oracle is essential.

Responsibilities

• Manage accounts payable and receivables tasks efficiently.
• Assist with month-end and year-end closing procedures.

Skills

Accounts Payable

Accounts Receivable

ERP Oracle

Invoice Processing

Payment Processing

Education

Diploma or higher qualification

Job description

Title: Assistant Accountant
Company: Everest Intl Re, Ltd Singapore
Job Category: Finance

Job Description

About Everest
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe, and Asia Pacific regions. Throughout our history, Everest has maintained discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development, generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

Role Purpose

The primary responsibilities of this role are to support the Finance Operations team in managing all accounts payable and receivables tasks. This role also requires close collaboration with other departments and regional colleagues to support local and regional transformation projects.

Key Accountabilities

1. Invoice Processing: Receive, verify, and process invoices from vendors and suppliers. Ensure all invoices are properly supported and accurately booked to the AP module in a timely manner.
2. Expense Reimbursement: Process and review employee reimbursements to ensure compliance with company policies.
3. Payment Processing: Prepare and execute payment runs in Oracle, ensuring all payments are made within agreed terms and in compliance with company policies. Payments include, but are not limited to, invoices, staff reimbursements, reinsurance, return premiums, broker commissions, intercompany, and interbank transfers.
4. Month-End Closing: Assist with month-end and year-end closing procedures, including preparing accruals and journal entries.
5. Audit Schedules and Bank Reconciliation: Prepare monthly audit schedules and perform bank reconciliations.
6. Intercompany Invoices: Prepare quarterly intercompany invoices, validating expenses before sending to affiliates.
7. Record Incoming Receipts: Record incoming receipts (UA) and maintain a listing of unallocated receipts.
8. Additional Duties: Undertake any other finance-related duties as assigned.

Qualifications

• Diploma or higher qualification preferred.

Knowledge, Skills & Competencies

• Preferably 3-5 years of experience in accounts payable/accounts receivable.
• Proficiency in ERP Oracle.

Note: Don’t meet every requirement? At Everest, we are committed to building an inclusive and authentic workplace. If you are excited about this role but your experience doesn’t align perfectly with every element, we encourage you to apply. You may be the right candidate for this or other roles. Please inform us if you need accommodations during the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders, and communities. We pride ourselves on a unique, inclusive culture driven by our values and behaviors, which include Talent, Risk Management, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.

• Our Values: Guiding principles that shape our decisions, actions, and behaviors.
• Colleague Behaviors: Respect everyone, pursue better, lead by example, own outcomes, win together.

All colleagues are expected to uphold these values and behaviors in daily interactions and community engagement.