Finance Reporting, Executive

SOMPO INSURANCE SINGAPORE PTE. LTD.; Singapore; On-site; SGD 36,000 - 58,000; Full time

Job summary

SOMPO INSURANCE SINGAPORE PTE. LTD. is seeking a motivated Finance Reporting Executive to join our Finance Reporting team.

This role is ideal for accounting or finance professionals with 1–2 years of experience who are looking to build a career in financial reporting, including MAS regulatory reporting and group reporting within the insurance industry. You will perform monthly, quarterly and annual closings, prepare reconciliations, and support audits.

Qualifications

• 1–2 years of relevant experience in financial reporting, audit or related finance function.
• Fresh graduates with strong academic achievements and internship experience in accounting, finance or audit are encouraged to apply.
• Good understanding of accounting principles and financial reporting concepts.

Responsibilities

• Perform monthly, quarterly and annual closing activities, including journal entries.
• Prepare balance sheet reconciliations and conduct variance analyses.
• Investigate and resolve reconciliation differences and accounting issues promptly.
• Assist in MAS regulatory returns, statutory financial statements and other regulatory reporting.
• Support internal and external audits with schedules, reconciliations and documentation.
• Maintain well-organised audit/regulatory documentation and support data requests.
• Support finance transformation initiatives and process improvement projects.

Skills

Financial reporting

Audit experience

Excel

Data analysis

Analytical skills

Communication

Interpersonal skills

Education

Bachelor's Degree or Diploma in Accountancy/Finance

Tools

Microsoft Excel

Job description

Position Summary

We are looking for a motivated and detail-oriented Finance Reporting Executive to join our Finance Reporting team. This role is ideal for accounting or finance professionals with 1-2 years of experience who are looking to build a career infinancial reporting providing exposure to the MAS regulatory reporting as wellas the Group reporting within the insurance industry.

Key Responsibilities

1. Financial Closing
   • Perform monthly, quarterly and annual financial closing activities, including the preparation and posting of journal entries.
   • Prepare balance sheet reconciliations and perform variance analysis to ensure the accuracy and completeness of financial records.
   • Investigate and resolve reconciliation differences and accounting issues in a timely manner.
2. Regulatory & Group Reporting
   • Assist in the preparation of MAS regulatory returns, statutory financial statements and other regulatory reporting requirements.
   • Support internal and external audits by preparing audit schedules, reconciliations and supporting documentation.
   • Maintain complete, accurate and well-organised supporting documents for audit, regulatory and internal compliance purposes.
   • Support ad hoc data and reporting requests, projects and business initiatives as assigned.
3. Finance Data and Process Enhancement
   • Assist in finance transformation initiatives, system enhancements and process improvement projects to strengthen financial reporting efficiency and controls.

Education/ Professional Qualifications

• Bachelor's Degree or Diploma in Accountancy, Finance, or a related discipline.

Work Experience & Skills

• 1-2 years of relevant experience in financial reporting, audit or a related finance function.
• Fresh graduates with strong academic achievements and relevant internship experience in accounting, finance or audit are also encouraged to apply.
• Good understanding of accounting principles and financial reporting concepts.
• Proficient in Microsoft Excel, including PivotTables, lookup functions and data analysis techniques.
• Strong analytical and problem-solving skills.
• Good communication and interpersonal skills, with the ability to work effectively with stakeholders across different functions.

Competencies

• Strong attention to detail, with a commitment to accuracy and quality.
• Ability to work independently and take ownership of responsibilities.
• Responsible, proactive and able to manage competing priorities within established timelines.
• Positive team player with strong collaboration skills.
• Adaptable and able to perform effectively in a dynamic and fast-paced environment.