Officer, Finance

2 days ago

Central Region, Singapore Bolttech Insurance Brokers Pte. Ltd. Full time $40,000 - $80,000 per year

About us

bolttech is an international insurtech with a mission to build the world's leading, technology-enabled ecosystem for protection and insurance. With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

A part of Pacific Century Group, bolttech serves customers in multiple markets across North America, Asia and Europe.

In this position you will…

Be responsible for supporting the procure-to-pay process of entities in Singapore. The ideal candidate is accurate, focused, understands the basic principles of accounting, disciplined and open to learn and develop.  You will see process controls as a challenge to embrace and will also point out areas for improvement in processes and systems.  The position demands someone who is open to change and likes an environment that is in transformation and growing.

You will be responsible for…

End to end Accounts Payable function which includes but not limited to following:

·       Timely month end close for Accounts Payable

·       Review insurers' Statement of Account against debit notes billed in AIMs system

·       Liaise with colleagues from operations and marketing department on any discrepancies in the debit notes and other reports.

·       Liaise with insurers' finance department on any discrepancies or issues on payments and commission.

·       Process payments to insurers and refunds to customers

·       Transfer commission from premium bank account to office bank account

·       Prepare and process payments for office expenses

·       Prepare monthly office bank reconciliation

·       Prepare staff reimbursements on a monthly basis

·       Be a backup for urgent AR matters during AR's absence

·       Carry out ad hoc and other duties assigned by Senior Finance Manager

·       Establish and enforce proper accounting methods, policies, and principles in accordance with local and international framework/standards

For you to be successful…

We expect you to be able to demonstrate the following key competencies

Impactful

·       Has a clear understanding of team's objectives and aligns efforts to these.

·       Seeks necessary information on which to base decisions and is comfortable recommending an approach

·       Maintains commitment to achieving goals in the face of obstacles

Communication

·       Communicates clearly and actively listens to others

·       Provides others with information they need in a timely manner

·       Receptive to feedback and appropriately expresses own opinions

Collaborative

·       Co-operates with team members to resolve problems and achieve goals

·       Offers support and contributes to the delivery of shared goals.  Displays loyalty and trust to team.

You will require the following qualifications and skills

·       Preferably holding a Diploma, CAT or Business relevant disciplines

·       Minimum 4 years of experience in finance operation with 2-3 years' experience in Accounts payable role

·       Good verbal and written communications skills

·       Proficient with MS Excel, Word and PowerPoint

·       Critical thinker and problem-solving skills

·       Good time-management skills and able to thrive in a fast-pace setting

·       High attention to detail and accuracy

·       Knowledge/experience of financial services/insurance industry and experience in Oracle would be an advantage

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