Finance Operations Team Lead (AM, Financial Industry)

RecruitFirst Pte. Ltd; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

Join a reputable insurance company as a Finance Operations Team Lead, playing a crucial role in driving efficiency and compliance within the Finance Department. The position involves overseeing operations, managing team performance, and ensuring the accuracy of financial reconciliations.

Qualifications

• Minimum 5 years of experience in financial operations.
• Proven track record in leading teams of 5 or more.
• Proficient in English (both spoken and written).

Responsibilities

• Oversee daily payment operations for trade and non-trade transactions.
• Review bank reconciliations to ensure alignment with general ledger balances.
• Prepare and submit quarterly GST returns and yearly commission submissions.

Skills

Leadership

Analytical

Interpersonal Skills

Problem Solving

Process Streamlining

Education

Degree in Business, Finance, or related discipline

Job description

Finance Operations Team Lead (Assistant Manager Level)

Tanjong Pagar / Shenton Way
Mon–Thurs: 8:30am–5:30pm | Fri: 8:30am–4:30pm
$6,500 – $8,000 per month

Join a reputable insurance company as a Finance Operations Team Lead and play a key role in driving operational efficiency, compliance, and team performance within the Finance Department.

Key Responsibilities

• Oversee daily payment operations for trade and non-trade transactions

• Allocate tasks and monitor team performance and output quality

• Review bank reconciliations to ensure alignment with general ledger balances

• Manage credit control functions including commission payments and receivables/payables from reinsurers

• Supervise and follow up on reinsurance reconciliation processes

• Prepare and submit quarterly GST returns and yearly commission e-submissions to IRAS

• Maintain and operate Debtor and Cash Book systems including monthly closings

• Oversee updates of payment mandates and banking facilities

• Support cash flow monitoring and placement of excess funds in fixed deposits

• Liaise with banks on deposit renewals and transactions

• Participate in finance-related projects and process improvements

• Assist with various ad-hoc tasks assigned by the Head of Department

Requirements

• Degree in Business, Finance, or related discipline

• Minimum 5 years of experience in financial operations within insurance or financial services

• Proven track record in leading teams of 5 or more

• Skilled in process streamlining and change management

• Strong communication and interpersonal skills

• Meticulous with strong analytical and problem-solving abilities

• Proficient in English (spoken and written)

• Singaporeans only

Wang Chloe | R23118712
RecruitFirst Pte Ltd (13C6342)