Analyst, Financial Reporting
2 weeks ago
138 Market St #10-01 & 03-02 (Lloyd's), SINGAPORE, SG, 048946
- FINANCE
- 9586
- Band B
- Samantha Seng
**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.
**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
**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
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