Assistant Finance Reporting Manager - Singapore - FWD Insurance

FWD Insurance

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

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Description

Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group, and spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.

In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers.

To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan.

Whatever their preference, we believe insurance should be simple, reliable and convenient.

Similarly, if you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

PURPOSE

This role responsibilities are mainly to support Senior Finance Reporting Manager in managing the Financial Reporting functions for Singapore Branch business to ensure quality and timely delivery of all deliverables.

KEY ACCOUNTAIBILITIES- To assist the Financial Reporting functions for Singapore Branch business on Bermuda and MAS regulatory related deliverables, Group FI deliverables and Tax regulatory submission including IRAS tax and GST return- To assist in completing the month-end close process including analysis within the required timeline- To assist with the requests from external auditors, tax consultants, Bermuda/MAS regulators and IRAS officers- To assist in managing and crafting the process flows and SOPs relating to Financial Reporting of SG Branch business- To assist in Chart of Accounts (COA) maintenance for our Oracle ERP system covering General Ledger, Fixed Assets, Procurement and AP for Singapore Branch business- To assist in process improvements relating to operational effectiveness and efficiency within the Financial Reporting function- To assist in ad-hoc reporting projects

QUALIFICATIONS / EXPERIENCE- Degree in Accountancy or equivalent professional qualification (e.g. ACCA) with at least 5 years of experience- Prior experience in Life insurance industry is preferred- Strong grasp of reporting knowledge on Financial Reporting related regulation (eg MAS and IFRS standards)- Able to handle multiple tasks simultaneously, well-organised and systematic- High personal levels of motivation and delivery orientated focus, with good aptitude in problem-solving

KNOWLEDGE, SKILLS & ABILITY- Strong communication skills, thus ability to liaise with and work across departments in order to achieve best outcomes for the business and customer- Sound understanding of SG Finance standards (SFRS), MAS and Bermuda regulatory requirements- Good knowledge of Oracle accounting system as well as policy systems (including AS400)- Knowledge and experience of best practice within industry to consistently improve delivery within department