Finance Reporting, Executive

Sompo Insurance Singapore; Singapore; On-site; SGD 42,000 - 64,000; Full time

Job summary

Sompo Insurance Singapore is seeking a motivated Finance Reporting Executive to join our team. The role focuses on financial close, MAS regulatory reporting, and group reporting within the insurance sector, with exposure to regulatory requirements and audit processes.

You will collaborate with Finance Operations, Actuarial, IT and APAC Regional Finance to strengthen reporting controls, gain exposure to insurance accounting, and participate in finance transformation initiatives in a dynamic

Qualifications

• Bachelor's Degree or Diploma in Accountancy, Finance or related discipline.
• 1-2 years of experience in financial reporting, audit or related finance function.
• Fresh graduates with strong academic achievements and relevant internship experience are encouraged to apply.

Responsibilities

• Perform monthly, quarterly and annual financial closing activities, including posting journal entries.
• Prepare balance sheet reconciliations and perform variance analysis.
• Investigate and resolve reconciliation differences and accounting issues.
• Assist MAS regulatory returns, statutory financial statements and other regulatory reporting.
• Support internal and external audits with audit schedules, reconciliations and documentation.
• Maintain complete, organized supporting documents for audit and regulatory purposes.
• Support ad hoc data and reporting requests and business initiatives.
• Assist in finance transformation initiatives and process improvement.

Skills

Analytical thinking

Problem solving

Communication skills

Interpersonal skills

Attention to detail

Independent worker

Team collaboration

Time management

Adaptability

Education

Bachelor's Degree or Diploma in Accountancy/Finance

Tools

Microsoft Excel

PivotTables

Lookup functions

Data analysis techniques

Job description

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 in financial reporting providing exposure to the MAS regulatory reporting as wellas the Group reporting within the insurance industry.

The successful candidate will play an important role in supporting financial close processes, financial and regulatory reporting, and audit activities. Working closely with Finance Operations, Actuarial, IT, Tax and the APAC Regional Finance teams, you will gain valuable exposure to insurance accounting, regulatory reporting requirements, finance transformation initiatives, and continuous process improvement within a dynamic insurance business.

Key Responsibilities

• 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.
• 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.