Finance Executive (regulatory reporting)

Posted 3 Days Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Mid level
Insurance
The Role
Manage recording, analysis, and reconciliation of fixed and intangible assets in SAP. Support month-end and year-end closing, prepare schedules and journals, assist inventory counts, participate in system improvements and UAT, and provide ad-hoc reporting to ensure accurate financial reporting.
Summary Generated by Built In

Specific Responsibilities

  • Record and analyse fixed assets acquisitions and disposals in SAP fixed assets module
  • Maintain the Fixed and Intangible Assets Register ensuring accurate recording of additions, disposals, transfer and monthly depreciation
  • Coordinate and support in the annual inventory count exercise
  • Prepare monthly schedules for fixed assets, including movement and work in process reports.
  • Perform year-end fixed and intangible assets accrual exercise
  • Assist in month-end closing process and reporting, including prepare monthly and ad-hoc journals
  • Prepare monthly balance sheet reconciliations to ensure data accuracy and follow up on outstanding recon items.
  • Participate in projects and system developments/enhancements in related to fixed/intangible assets process improvement as well as perform User Acceptance Testing (UAT) & document results.
  • Perform other ad-hoc reporting tasks that may be assigned from time to time

Requirements

  • Diploma in Accounting or equivalent professional qualification (such as ACCA)
  • Have at least 3 years of relevant experience in accounting & financial reporting
  • Prior experience from insurance Industry would be an advantage
  • Meticulous with a keen eye for detail
  • Able to work well under tight deadlines
  • Have good communication and interpersonal skills with ability to liaise with/work within and across departments
  • Highly motivated and able to work independently as well as in team
  • Good PC skills with strong Excel knowledge
  • Experience in SAP accounting system and Hyperion would be an advantage

Skills Required

  • Diploma in Accounting or equivalent professional qualification (such as ACCA)
  • At least 3 years of relevant experience in accounting & financial reporting
  • Prior experience in the insurance industry
  • Meticulous with a keen eye for detail
  • Able to work well under tight deadlines
  • Good communication and interpersonal skills
  • Highly motivated and able to work independently and in a team
  • Good PC skills with strong Excel knowledge
  • Experience in SAP accounting system and SAP Fixed Assets module
  • Experience with Hyperion
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The Company
HQ: Singapore, Singapore
2,440 Employees
Year Founded: 1970

What We Do

Income Insurance Limited (Income Insurance) is one of the leading composite insurers in Singapore, offering life, health and general insurance. Established in Singapore to plug a social need for insurance in 1970, Income Insurance continues to put people first by serving the protection, savings and investment needs of individuals, families and businesses today. Its lifestyle-centric and data-driven approach to insurance and financial planning puts the company at the forefront of innovative solutions that empowers the people it serves with better financial well-being. Additionally, Income Insurance is committed to being a responsible business that champions the environment and builds stronger communities by supporting financial inclusion, education for youth-in-need and seniors’ well-being. For more information, please visit www.income.com.sg

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