To assist in the timely closing of monthly accounts and generation of financial statements /reports/schedules within the target time schedule set by the Management and set under the reporting section’s KPI.
To assist in the preparations of all submissions (including the public display of the annual audited and interim financial statements) made to relevant authorities and holding company within the timeline stated, in accordance with the latest applicable accounting standards and based on the formats required.
To provide monthly analyses of Company’s financial results establishing fluctuations and justifications vis-à-vis historical trends, business plan/budget and industry benchmark.
To assist in the monthly reconciliations of subsidiary and general ledger and any reconciling item is investigated and dealt with promptly.
To assist in the monthly preparation of tax computation/schedules for closing ensuring accuracy and reasonableness of tax amount relative to the profit.
To assist in the preparation of annual tax return and the schedules thereof for submission to the tax authorities before the deadline.
To assist in the preparation of audit & reconciliations provided to the auditors on timely basis;
To assist in ensuring the accuracy of the claims and premium reports and data submitted to the actuary for purposes of insurance liabilities valuations
To assist in the review & verification of journals raised by the reporting section and ensure all journals are accurate, supported, and authorized.
To assist in the monitoring monthly/annual compliance with BNM guidelines in respect of low risk assets holding, management expenses control & training expenditure limits etc and provide timely alert to superior if there is any concern of non-compliance.
To assist in the formulation / establishment / implementation of strategic action plans in enhancing the section’s productivity and deliverables and provide suggestions on work improvements.
To assist in coordinating and participate in any Finance related project, including but not limited to, regulatory compliance, enhancement of accounting systems, corporate exercises, implementation of new accounting standards, etc.
To assist in the preparations of management and Board reports.
Ensure documents/schedules/reports under responsibilities are kept safely and properly.
To undertake any other special duties assigned by superior.
Requirements
Professional Qualification recognised by MIA or Degree in Finance and/or Accounting
Minimum 8 years of experience in a Finance related role and minimum 3 years in supervisory capacity.
Knowledgeable in Financial Services industry especially insurance.
Proficient in MS Office Applications.
Effective communicator in writing, business presentations and in interpersonal communication.
Strong analytical and problem solving skillss.
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