Location: Petaling Jaya
Salary Up to : RM12,000.00
Job Responsibilities:
- Responsible for sub ledger reconciliation between Policy admin system (PAS) with Operations and Accounting system (GL), includes identifying and summarizing discrepancies & exceptions and ensure resolutions are being prioritized, and new development of on-going operations process changes request and financial changes (e.g. system enhancement/fix, BSC, FRS17). Ensure transaction recorded and account balance from PAS is accurately stated.
- Responsible for full preparation of audit schedules in relation to PAS, reconciled to GL and able to walkthrough and handle queries from External auditors.
- Established and execute Quarterly BSC reporting and develop and monitor SLGL SOP and reconciliations
- Responsible for understanding all process changes, enhancement & new product testing and identify its accounting implication and entries per business user requirement (UR) & Change request (CR) User Acceptance Testing (UAT) for PAS system.
- Communicate with operation users on the variances & exception findings in PAS and UR testing, where accounting implication failed to meet the user’s expectation, for further resolutions and understanding.
- Attending meetings with vendors in term of PAS enhancement includes providing financial accounting impact advice for UR/CR that being raised. Articulating and position the accounting priorities for UR.
- Continuous promoting automations by developing and introduce process improvements in preparations of sub ledger reconciliation, variance / exception findings report via data extraction script.
- Support the Finance key project, participate, and ensure MFRS 17 implementation that’s relates to PAS are being enhanced and ensure information required are supplied within expected timelines.
- To develop Insurance system working library, with financial implications, by recording current system behavior and identify the gap for improvement.
- Strategies plan(s) to meet division KPIs and expectation (management, team members, users from difference division/department).
Job Requirements:
- Managing a team of 1-5 people, with at least 7 years’ working experience in Life Insurance industry.
- Able to handle the Life accounting and System controls team independently and deliver results within expected timeline.
- Proven in handling work under intense pressure.
- Ensure sufficient controls and deep understanding in performing sub ledger reconciliation between Policy admin system (includes new development of on-going financial changes, e.g. BSC, FRS17), General Ledger (GL) system and Operations, with high proficient in Microsoft Office with at least advance in Excel.
- Tabulate or develop SQL script, is added preference. Experience and proven track record in providing clear Management Analysis, discover and troubleshoot issues arise and able to articulate issues within expected turnaround time.
- Familiar with Audit process, Financial reporting and requirement, Tax impacts & Accounting Standards (MFRS, FSA, Life Insurance Framework (BSC)).
Interested candidates kindly send your updated CV to info@sixdegreeconsulting.com.
For more updates on job opportunities:
Like us at our Facebook Page https://www.facebook.com/SixDegreeConsulting.
Follow our LinkedIn Page: LinkedIn – Six Degree Consulting (Executive Search & Payroll)