Assistant Manager – Financial Reporting

SOMPO INSURANCE SINGAPORE PTE. LTD.; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading insurance company in Singapore is seeking a Financial Reporting Specialist. The role involves preparing regulatory reports and managing annual audits. Candidates should have a degree in Accountancy or Finance, and 4-6 years of relevant experience, preferably in insurance. Proficiency in Excel and familiarity with MAS regulations will be advantageous. This position offers a dynamic work environment with various finance transformation projects.

Qualifications

• 4 - 6 years of relevant experience, ideally in insurance or financial services.
• Prior experience in a Big 4 audit firm is preferred.

Responsibilities

• Assist in preparing quarterly regulatory reports to MAS.
• Manage annual audits and coordinate with auditors.
• Support finance transformation initiatives.

Skills

Familiarity with MAS insurance regulations

Proficient in Microsoft Excel

Strong analytical skills

Good interpersonal and communication skills

Ability to work independently

Ability to work under pressure

Education

Degree in Accountancy or Finance

Chartered Accountant (CA Singapore) or equivalent

Tools

Microsoft Excel

SUN

SAP

Job description

Key Responsibilities

Financial & Regulatory Reporting

• Assist in the preparation of quarterly regulatory reports to the Monetary Authority of Singapore (MAS) and ensure timely submission.
• Prepare other MAS regulatory reports as required.
• Support the preparation of annual audited financial statements and MAS returns in accordance with IFRS and local statutory requirements.
• Manage annual audits and coordinate with both external and internal auditors to ensure compliance.
• Assist in the preparation of tax-related reports including corporate tax returns and transfer pricing documentation.
• Collaborate cross-functionally with departments such as Underwriting, Claims, Actuarial, IT and Reinsurance to ensure data consistency and insights for financial reporting.
• Undertake any other responsibilities as assigned by the Financial Controller.

Other Ad-Hoc Projects

• Support local and regional finance transformation initiatives, including:
• Finance system upgrades or integrations
• Process automation
• Enhancements to internal controls and reporting accuracy
• Support ad hoc financial analysis and responses to regulatory queries.

Requirements

Education & Experience

• Degree in Accountancy or Finance.
• Chartered Accountant (CA Singapore) or equivalent (e.g., ACCA) is preferred.
• 4 - 6 years of relevant experience, ideally within the insurance or financial services industry.
• Prior experience in a Big 4 audit firm or in insurance financial reporting is an advantage.

Skills & Competencies

• Familiarity with MAS insurance regulations and insurance accounting standards (e.g., IFRS 17, IFRS 9) is an advantage.
• Proficient in Microsoft Excel; experience with financial systems (e.g., SUN, SAP) is a plus.
• Strong analytical skills and attention to detail.
• Good interpersonal and communication skills.
• Able to work independently and collaboratively in a team-oriented environment.
• Capable of working under pressure and meeting deadlines.