Job Description

Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group, and spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.

In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers. To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan. Whatever their preference, we believe insurance should be simple, reliable and convenient.

Similarly, if you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

PURPOSE

This role responsibilities are mainly to support Head of Finance in leading the Finance Operations functions to ensure quality and timely delivery of all deliverables of the function.

KEY ACCOUNTAIBILITIES

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  Lead the Finance Operations functions on accounts payables, policy-related payments for all distribution channel, receipting and procurement
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  Complete month-end close process, bank and system related balance sheet reconciliations with aging analysis to ensure balances are accurate
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  Ensure that end to end procurement process are being adhered in accordance with procurement policy
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  Drive end to end process relating to finance on implementation of new products, various business initiatives and operation enhancements
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  Ensure operational effectiveness and efficiency within the Finance Operations
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  Ensure documentation and adherence of processes and controls within Finance Operations inclusive of process flows and SOPs
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  Actively look to improve the workflow and processes with a view of minimizing control weakness whilst improving efficiency and ensuring accuracy of critical outputs

QUALIFICATIONS / EXPERIENCE

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  Qualified Accountant with at least 7 to10 years of relevant working experiences
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  Experience and significant knowledge of insurance industry and insurance accounting, preferably for both GI and Life insurance products
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  Good knowledge of Finance Operations process flow and internal control
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  Proven leadership and team management experience
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  High personal levels of motivation and delivery orientated focus, with good aptitude in decision-making, problem-solving and strategic agility

KNOWLEDGE, SKILLS & ABILITY

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  Strong communication skills, thus ability to liaise with and work across departments in order to achieve best outcomes for the business and customer
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  Sound understanding of IT knowledge
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  Good knowledge of Sun & Oracle accounting system as well as policy systems (including AS400, eBao)
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  Knowledge of applicable accounting standards
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  Knowledge and experience of best practice within industry to consistently improve delivery within department