Job Description

Overall Purpose of Job

 
To develop the General Ledger operation to ensure

• Maintenance of General Ledger

• Financial reporting, both periodic and ad hoc

• Coordination of tasks by Accounts Payable, Accounts Receivable, Treasury

R2R Process

• JE Processing

• Audit Support

• Ad hoc support

R2R Account Reconciliation and Analysis

• Perform Reconciliation procedure

• Interface management and monitor integrity

R2R Reporting

• Execute Regulatory report

• Execute financial report.

• Execute Ad hoc reporting

Job description

• Perform complex bank reconciliations by matching SAP general ledger entries with insurance bank accounts, clearing variances promptly.

• Substantiate sub-ledgers (AR, AP, Fixed Assets) against general ledger control accounts.

• Prepare and post recurring journals, accruals, prepayments, and adjusting entries directly in SAP.

• Support balance sheet (BS) reconciliation preparation for the Blackline team and review and approve BS reconciliation.
• Issuing and posting journal vouchers for adjusting incorrect transactions found from BS reconciliation, bank charges, withholding tax, salary and related employee benefits, account reclassification for ULAE, ICO and IT cost, account allocation for some expenses and other incomes, etc.
• Keep monitoring and follow up for clearing outstanding reconciling items
• Control all accrual accounts, both set up and released, to match with actual payment.

• Monthly and quarterly closing for US GAAP financial statements and prepare, review, and validate all the required reports.
• Assist in managing day-to-day operations and resolve issues including tax compliance, internal control, and other relevant compliance matters.
• Assist in managing day-to-day operations and monthly closing for the captive broker entity.

• Support implementation of new accounting standard IFRS17

• Support Finance Transformation initiatives as needed

Operational Excellence:

• Understand the customer and internal performance requirements of the processes delivered by the delivery location (as documented in the relevant process SIPOC)

• Understand process input and output requirements and take continuous and pro-active steps to monitor and control them as appropriate to meet performance and customer requirements

• Ensure high degree of compliance to the documented processes delivered such as adhering to the defined Standard Work Instructions (SWIs) and Local Work Instructions (LWIs) as appropriate

• Take ownership to implement assigned process metrics collection, reporting, process risks mitigating actions, controls

• Uses and maintains process maps, appropriately identifying inputs, outputs, roles and responsibilities

• Participate in process risk management discussions to identify and address manageable process risks, providing input as a subject matter expert

• Adhere to the defined Visual Management Plan and continuously make improvements to realize it’s stated objectives

• Participates in team meetings (MOS) to review and execute work planned to help realize it’s stated objectives

• Participate in the definition of current process performance baseline metrics (as defined in Metrics Data Collection Plan)

• Ensure process documentation is updated, as appropriate, and ensure adherence to the defined process change control is followed.

Job Requirements