Senior Accounts Executive

Oneglobal Broking Singapore Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Oneglobal Broking Singapore Pte Ltd is seeking a detail-oriented Senior Accounts Executive to support finance operations across insurance broking and captive management, with exposure to IFRS 17 and IFRS 4.

You will manage accounts payable for insurance broking, assist captive accounting and reporting, and ensure accuracy of financial records across multiple entities. The role offers variety and scope to contribute to statutory reporting and audits.

Qualifications

• Diploma or degree in accounting, finance or related discipline.
• Minimum 3–5 years of accounting experience.
• Experience in insurance broking, captive management, or financial services.
• Knowledge of IFRS with exposure to IFRS 17 and IFRS 4 beneficial.
• Strong Excel skills and familiarity with accounting systems.
• Detail-oriented, organised, and able to work independently; good communication and stakeholder management.

Responsibilities

• Captive Insurance Accounting: maintain records for captive insurers and related entities.
• Record and reconcile premium, claims, reinsurance, investment income, and expenses.
• Prepare journals, accruals, prepayments and reconciliations.
• Support actuarial reporting, audits, regulatory filings, and board reporting.
• Insurance Broking Accounts Payable: process settlements, invoices and expense claims.
• Assist with month-end reconciliations and reporting.

Skills

Detail-oriented

Independent worker

Stakeholder management

Education

Accounting or Finance degree

Tools

Excel

Accounting systems

Job description

We are seeking a detail-oriented and driven Senior Accounts Executive to support the finance operations of our growing insurance broking and captive insurance management business. This role offers a unique opportunity to gain exposure to both insurance broking accounting and captive insurance accounting, including financial reporting under IFRS 17 and IFRS 4.

The successful candidate will be responsible for managing insurance broking accounts payable activities, supporting captive insurance accounting and reporting, and ensuring the accuracy and integrity of financial records across multiple entities.

Key Responsibilities

Captive Insurance Accounting

• Maintain accounting records for captive insurance companies and related entities.
• Record and reconcile premium, claims, reinsurance, investment income, and operating expense transactions.
• Assist in the preparation of financial statements and management reports in accordance with IFRS, including IFRS 17 and IFRS 4 where applicable.
• Prepare journal entries, accruals, prepayments, and account reconciliations.
• Support actuarial reporting, audits, regulatory filings, and board reporting requirements.
• Liaise with captive managers, actuaries, auditors, brokers, and service providers.

Insurance Broking Accounts Payable

• Process insurer settlements, supplier invoices, employee expense claims, and operational payments.
• Prepare and execute payment runs in accordance with agreed payment terms.
• Reconcile insurer and supplier statements and resolve discrepancies.
• Maintain accurate creditor records and supporting documentation.
• Liaise with insurers, underwriters, and vendors on payment-related matters.
• Assist with month-end reconciliations and reporting.

General Accounting

• Perform bank, balance sheet, and intercompany reconciliations.
• Assist with month-end and year-end closing activities.
• Support external audits and statutory reporting requirements.
• Maintain accurate accounting records and ensure compliance with internal policies and regulatory requirements.

Requirements

• Diploma or Degree in Accounting, Finance, or a related discipline.
• Minimum 3-5 years of accounting experience.
• Experience in insurance, insurance broking, captive management, or financial services
• Knowledge of IFRS and financial reporting principles; exposure to IFRS 17 would be beneficial.
• Strong Excel skills and familiarity with accounting systems.
• Detail-oriented, organised, and able to work independently.
• Good communication and stakeholder management skills