Assistant Manager/Senior Executive, Finance (Insurance Industry preferred)

Income Insurance Limited; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading company in the insurance sector seeks a Finance Officer to manage their Accounts Receivable and Payable processes. You will be preparing financial reports, managing budgets, and ensuring compliance with accounting standards. The ideal candidate will possess relevant qualifications and experience, along with strong analytical skills and proficiency in Excel. This role offers opportunities for growth in a supportive team environment.

Qualifications

• 3-5 years of working experience in a similar role.
• Positive working and learning attitude.
• Ability to work under pressure during peak seasons.

Responsibilities

• Handles Accounts Receivable and Payable including billing and processing payments.
• Prepares performance reports and ensures accuracy of financial reports.
• Involved in Procurement process and monthly Bank reconciliations.

Skills

Analytic skills

Excel

Education

Degree in Accountancy or ACCA or equivalent

Tools

Xero

Job description

Responsibilities:

• Handles Accounts Receivable including billing insurers on monthly commissions and incentives.

• Handles Accounts Payable including processing payment to vendors/suppliers and commissions/incentives to Financial Representatives.

• Prepares performance reports for financial representatives.

• Involves in Procurement process in accordance with company policies.

• Credit control which monitors Accounts Receivable Aging and follows up on outstanding payments.

• Prepare month end closing journal entries.

• Performs monthly Bank and Balance Sheet Reconciliation including inter-company transactions and reconciliations.

• Responsible for monthly closing and group reporting package.

• Ensure accuracy of financial reports in accordance with SFRS and group accounting policy.

• Assists with financial forecasts and annual budget.

• Prepares quarterly GST submission.

• Prepares Annual Financial, Tax and Regulatory reporting.

• Handling Internal and External Auditor’s requests and queries.

• Ad-hoc duties and corporate projects such as system implementation and/or enhancement.

• Provide coaching and guidance to team members

Requirements:

• Degree in Accountancy or ACCA, or equivalent.

• Advance in Excel is a must.

• Good Analytic skill

• 3-5 years of working experience in similar role.

• Positive working and learning attitude.

• Able to work under pressure during peak seasons.

• Experience with Xero will be an added advantage.