Associate, Finance

Singlife is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.

In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.

Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.

The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time.

Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan's leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia.

Key Appointments:

• Support the accounting and finance functions for Navigator Investment Services Ltd, a wholly owned subsidiary of Singapore Life Ltd.

Key Responsibilities:

Cash Account Management

• Ensure adequate liquidity for daily trade settlements.
• Oversee daily operational payments.
• Perform daily and monthly bank reconciliations.
• Investment AccountingReconcile trade postings, trailer revenue billing and receipting, and bank balances.
• Prepare posting of business accruals and expense entries.

Month-End Closing & Reporting

• Prepare and post journal entries during the month-end closing.
• Assist in compiling schedules and reconciliations to support financial close activities.
• Contribute to the preparation of financial reports and variance analyses.
• Maintain supporting documentation and ensure adherence to accounting policies.

Special Projects

• Support design and development of the financial accounting hub for a new trading platform.
• Develop new accounting and operational processes to support platform implementation.
• Assist the Team Lead with regular management reporting.

General Support

• Support internal audits and financial statement audits.
• Prepare tax data compilation, including GST filings and corporate tax returns.
• Prepare data for statutory reporting.
• Participate in process improvement initiatives and automation projects.\
• Perform other ad hoc finance duties as assigned.
• Mentorship and Team DevelopmentProvide guidance and support to junior team members.

Requirements

The ideal candidate should have/possess:

• A minimum of 5 to 6 years of experience in accounting, business administration, or finance-related functions. Progress toward a professional certification such as Chartered Accountant (CA/CPA) is a plus, though not mandatory.
• A relevant educational qualification, such as a degree or diploma in accounting or finance.
• Strong attention to detail, with the ability to work independently and demonstrate solid organizational skills.
• A growth mindset with a commitment to continuous learning and self-development.
• A genuine interest in the financial advisory industry and investment-related topics.

Key Stakeholders

• External: Financial advisers, investment administrators and regulators.
• Internal: Internal stakeholders across all functions and related entities.

If you find yourself able to demonstrate the criteria above, apply with us now. We look forward to your application.