AVP, Corporate Accounting
2 days ago
About The Job
We are seeking an experienced financial professional to join us as the Assistant Vice President of Corporate Accounting. This role reports to Head of Corporate Accounting, and you will be responsible for ensuring compliance with accounting standards, maintaining robust governance and internal controls and acting as the liaison between senior management, auditors, regulators and our shared service provider.
- Oversee and review financial and regulatory reporting prepared by shared service provider, ensuring compliance with IFRS/MFRS, corporate accounting policies and regulatory requirements.
- Review financial results, journal adjustments and reconciliations prepared by share service provider.
- Review the tax provision and annual tax return prepared by shared services and ensure compliance with tax requirements.
- Monitor and manage performance of the shared service provider against service level agreements ("SLA") and key performance indicators.
- Act as primary liaison with share service provider to ensure service level performance, accuracy and timeliness of deliverables
- Establish, maintain and enforce corporate policies and procedures (e.g. accounting, related party transactions).
- Provide technical accounting guidance on complex transactions (e.g. M&A and new accounting standards and regulatory changes)
- Maintain strong governance and internal control frameworks across outsourced operations, ensuring business continuity risk mitigation are in place.
- Lead and develop the corporate accounting team with emphasis on oversight, governance and compliance.
- Coordinate audit processes (internal and external), liaising with auditors, regulator and shared service teams.
- Collaborate with Business Finance, Corporate Treasury and other CFO Division functions to support strategic decision-making.
- Participate in policy reviews, systems upgrades, and project steering committees as assigned.
- Approve high-value payments, manage banking relationships, and oversee financial risk controls (e.g., setting transaction limit thresholds).
- Manage exception cases and handle escalations as required.
We are looking for people who
- Degree in Finance, Accountancy or full qualification in Professional Accounting (e.g. ACCA, CIMA, MICPA, ICAEW).
- Minimum 8 years of working experiences, with at least 5 years in a senior leadership role in financial institution preferably life insurance or established audit firm.
- Experience in overseeing outsourced/shared service accounting models preferred.
- Strong technical knowledge in IFRS/MFRS, statutory and regulatory reporting requirements.
- Strong stakeholder management skills, with the ability to liaise effectively across senior management, regulators and auditors.
- High level of integrity, takes accountability of work and good attitude over teamwork.
- Takes initiative to improve current state of things and adaptable to embrace new changes
How you succeed
- Champion and embody our Core Values in everyday tasks and interactions.
- Demonstrate high level of integrity and accountability.
- Take initiative to drive improvements and embrace change.
- Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
- Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.
Who we are
Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.
The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.
Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
To all recruitment agencies:
Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
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