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Analyst, Financial Reporting

2 weeks ago

Downtown Core, Singapore AXA Full time $90,000 - $120,000 per year

Job Description:

Analyst, Financial Reporting & Accounting

Singapore – Hybrid working mode

In this role, you will join the Finance & Accounting department that is responsible for providing finance support specifically involved in regulatory reporting, accounting, reconciliations and financial reporting to internal and/or external stakeholders.

What you'll be DOING

What will your essential responsibilities include?

  • Assist in preparation of quarter-end MAS regulatory reporting, including quarter-end reconciliation of schedules.
  • Prepare quarterly financial reports for management's presentation.
  • Manage service entity and syndicate entity's filling deadlines and ensure compliance to reporting standards.
  • Coordinate with external auditors to ensure audit deliverables are produced and issued on a timely manner.
  • Involved in the quarterly and annual closing process by preparing local regulatory forms.
  • Managed the requests and queries from internal and external stakeholders in relation to bank matters, expense claims matters, etc
  • Oversee the timely approval and payment of invoices to ensure vendor commitments are met.
  • Track and monitor outstanding vendor invoices, following up on overdue payments as necessary.
  • Maintain accurate records of all invoice transactions and payment activities in the accounting system.
  • Reconcile vendor statements and resolve discrepancies promptly.
  • Collaborate with vendors and internal departments to resolve invoice issues or payment delays.
  • Prepare reports on invoice status, payment schedules, and outstanding balances for management review.
  • Ensure compliance with internal controls and financial policies related to invoice processing and payments.
  • Provide necessary information to internal stakeholder for bank reconciliation preparation.

You will report to Manager, Finance Reporting and Accounting .

What you will BRING

We're looking for someone who has these abilities and skills:

  • Degree in Accountancy &/or recognized accounting qualification ACCA/CPA/CIMA.
  • Relevant professional experience in a similar capacity within the General Insurance/Reinsurance industry
  • Ideally internal / external audit experience with a strong focus in the insurance market and basic knowledge of MAS Risk Based Capital (RBC) Framework.
  • Analytical skills and ability to work independently and under own initiative.
  • Effective communication and interpersonal skills.
  • Attention to detail and a meticulous eye for identifying inconsistencies or inaccuracies in data entry or data outputs
  • Able to organise self (and others if applicable) including effective scheduling, prioritisation and time management skills, completing tasks to tight deadlines. Demonstrates a 'can do' attitude
  • Comfortable taking ownership for own work, identifying the need for action (using initiative) whilst working effectively within a team.
  • Advanced knowledge of MS Office Excel, Outlook, Word, Power Point

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at

What we OFFER

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another — and our business — to move forward and succeed.

  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
  • Robust support for Flexible Working Arrangements
  • Enhanced family-friendly leave benefits
  • Named to the Diversity Best Practices Index
  • Signatory to the UK Women in Finance Charter

Learn more at AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

  • Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We're committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
  • Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
  • Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
  • AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see on our website.