Finance Transformation Analyst (Insurance | Process Improvement)
The Opportunity
Opportunity to work for one of the leading financial service providers and insurance company Great exposure to learn about banking products and services domain Location at Pasir Panjang
The Job
Managing monthly financial book close in line with group financial reporting and local regulatory reporting timeline for Finance Operations with main areas covering distribution, health and fixed asset related process. Worked on balance sheet substantiation and reconciliation for insurance accounts, improving reconciliation quality, ageing analysis and break resolution. Be the finance operations “Point of Contact” working with the Business Analyst /IT /Technology workstream partners on interface exceptions from the respective policy admin system to general ledger , Day2 change Request , new product , process /control efficiencies driven by system support . Support the management to establish the scope, plan, and achieve the milestones and critical path for IT Project. Establishing operational readiness and automation efficiencies in partnership with IT and Operations teams Developing detailed execution plans and managing delivery against migration plans with clear programmed reporting Support the product development team and system Day2 change request activities as the main finance subject matter expert (SME). Work with the Distribution function [Distribution Support Services (DSS) and Distribution Performance Management (DPM)] to ensure correct booking align to the production period and insurance fund. Managing the end user computing (EUC) controls Finance Operations. Commission and Distribution accounts related “Balance sheet substantiation and reconciliation” support to distribution team. Support the controls maintenance and control enhancements.
The Talent
- Degree in accounting and finance
- Professional qualification in accounting and finance
- 4-5 years’ experience in finance operations preferably in Life insurance industry
- Prior experience in managing finance transformation projects and driving IT enabled finance operations or control enhancement projects.
- Experience in managing Life insurance commission & distribution cost booking will be a distinct advantage.
- Ability to adapt to the current GL and policy admin system and operational simplifications using Alteryx , Power builder and AI will be an added advantage.
Next Steps
Send your resume to yueshan.wu@adecco.com Email Topic: Finance Transformation Analyst Wu Yue Shan EA License No: 91C2918 Personnel Registration Number: R25138923