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Finance Manager
1 month ago
Our client in the insurance industry is urgently hiring a Finance professional to join their team.
Finance Manager
The incumbent will be part of the Finance team responsible for ensuring that the operations of the Company and related entities are carried out in an efficient and effective manner, and in compliance with the applicable regulatory requirements and guidelines.
This role would expose you to a wide scope of learning and career development opportunities.
Responsibilities :
- Posting sales commission journal accruals for PBB, Tiering, Team Leader Incentives and Partial/Balance and Enhanced cases
- Updating Group paid cases along with co-broking scenarios.
- Updating monthly paid cases, including reconciling with Operations team
- Liaising with Ops team to ensure that OPEX data is correctly updated and checking against the commission statements from carriers.
- Updating Marketing allowance into paid cases and checking actual received from carriers.
- Making referral fee payments, including following up closely on advance referral fee payments, ensuring details sent to banks are accurate and timely, ensuring fees are paid on time according to bank schedules, and statements are sent monthly, and invoices are requested and checked.
- Making referral fee payments on banking platform, and managing cashflow
- Posting trade and non-trade AR and AP
- Preparing quarterly GST report for review, and proceeding with the filing once approved
- Preparing and liaising with tax agent for income tax computations and filing for Singapore and Malaysia Labuan
- Preparing and liaising with auditors during interim and final audit to prepare any other ad hoc finance reports upon request
- Preparing intercompany reconciliations with other entities
- Preparing AR and AP aging listing
- Providing updated listing for medical recovery for the team to make claims.
- Data entry into QuickBooks and NetSuite accounting system
- Acting supervisor to lead a team overseas in Labuan entity.
- Run month end revaluation and bank reconciliation in account system.
- Issuing GST invoice to Singapore carriers
- Liaising with Labuan Corporate Secretary for any statutory matters.
- Updating cash book master listing for trade.
Requirements :
- Experience with full sets of accounts
- 4-5 years’ experience with the accounting function
- Preference for candidates who can start immediately
- Willing to work overtime when required
- Experience with Oracle and Netsuite
- Proficiency in Excel
- Experience with Quickbooks will be preferred
Interested applicants are invited to write in with updated resume to may_tan@btiexecutivesearch.com.
EA License No. 16S8296 • EA Personnel Registration No. R21102756
Tell employers what skills you have
Oracle
Tax
Career Development
Accounting System
Data Entry
QuickBooks
Accruals
Accounting
Compliance
Income Tax
Banking
Budgeting
Team Leader
Regulatory Requirements
Audit
Financial Reporting
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