Achieve Financial Excellence with Our Team

2 weeks ago

Singapore beBeeAccounting Full time $5,000 - $5,500
Job Title:

Achieve Financial Excellence with Our Team

About the Role:

We are seeking a highly skilled and experienced Finance Operations professional to join our team. As a key member of our Finance Operations department, you will play a critical role in ensuring the smooth operation of our financial processes.

Key Responsibilities:
  • Responsible for Distribution Compensation Processing and Accounting
  • Fortnight/Monthly closing for Distribution Channel payment to ensure all compensation due are paid, posted and reconcile.
  • Support review of channel reports and ensure dissemination by timeline set
  • Support validation of Customer Campaign.
  1. General Ledger closing. Monthly/Yearly provision, amortisation, schedules are carried out according to the stipulated accounting paper/guideline.
  2. Policy System Distribution Compensation Accounting Rule eg Life Asia, Group Asia, Datahub or any auxiliary system where accounting rule is required.
  3. Posting of journal for all manual processing and payment.
  4. Reconciliation and audit schedule relating to Distribution Compensation.
  5. Support for audit (internal/external/regulatory/SOX) of Distribution Compensation.
  6. Maintenance of Distribution Compensation process flow/SOP documentation.
  7. Maintenance of Business provision and monitoring.
  8. Administration of deferred/long term incentive scheme.
  9. Administration of recurring/deferred financial arrangement.
  10. Support Finance Compensation Operations team for any queries relating to compensation.
  11. Oversight of End-to-End processing for compensation team.
  12. Settlement for invoices for Distribution Channel
  13. Credit control for recovery of dues from distribution channels
  • Responsible to support the Distribution Compensation related project, enhancement or initiative.
  • UAT for compensation related enhancement/initiatives.
  • Preparation of Business Requirement/user story.
  • Trouble shooting for production issue / fixes.

Requirements:

  • Experience in Finance Operation, preferably in Life Insurance industry or distribution channel.

What We Offer:

As a member of our team, you will have the opportunity to work on challenging projects, develop your skills and knowledge, and contribute to the success of our organization.

How to Apply:

If you are a motivated and experienced Finance Operations professional looking for a new challenge, please submit your application online or send it to us directly.

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