Job Description

56328 | Finance & Accounting | Professional | Non-Executive | Allianz Malaysia | Full-Time | Permanent

Job Summary

Handles Month End Closing activities. Oversee Insurance & Non-Insurance Payment Operation and Disbursement Process. Review cash management, banking facilities, Intercompany billing & reconciliation. Also assist in Finance related initiatives and process enhancement activities to support business, statutory and regulatory changes. This includes drafting of user requirements and setting up of accounting posting for new product launches etc.

Key Responsibilities

• Oversee entire day-to-day Payment Operation. Perform timely payment analysis, review and updates of payment process workflow (SOP) to ensure safeguards and controls are in place. Maintain and undertake review of payment authority limit of the company to ensure payment processes are in accordance with company policies and guidelines.
• To review and ensure timely submission and remittance of Withholding Tax.
• Perform accurate and timely month end closing activities, month end journals posting, accruals, intercompany transactions and etc.
• Oversee Fixed Asset Accounting. Ensure accurate and timely month-end fixed asset closing. This includes monitoring capital expenditure against budget.
• Maintain and update of SAP Master Data Request and listing for Finance (e.g. creation of Chart of Accounts, Cost Centre, WBS-Project & RPT) and master data mapping in SAP CAP.
• Perform monthly Balance Sheet reconciliation. Proactively follow up with business function on all aged outstanding reconciliations/ collections/ payables in a timely manner. To prepare analysis for review on Management Expenses and highlight key material variances with explanations for material exceptions.
• Perform and review intercompany billings and ensure all charges are in accordance with the Service Level Agreement. This includes review and drafting of service level agreements. Also to ensure all billing in compliance with e-Invoice requirements. To ensure timely intercompany settlement within the group.
• Participate in setting up new accounting postings for new product launches and other process enhancement. This includes preparation of user requirements to comply with business, statutory & regulatory requirements and perform user acceptance testing on system.
• Continuously review and implement controls to improve efficiency of processes within the Finance Department.
• Liaise with auditors. Handling audit queries and resolving audit issues.
• Any other duties as and when deemed necessary.

Key Requirements

• Degree in Accountancy or other equivalent Professional Qualifications
• Min 8 year(s) of working experience in related field. Candidates with audit experience are encouraged to apply
• Good command of English (both written and oral),
• High proficiency in Microsoft Office (Word, Excel, PowerPoint).
• Knowledge and experience in SAP accounting system, knowledge and experience in writing business user requirement, banking payment & facilities are added advantages.
• Have a strong sense of commitment, teamwork, good interpersonal, communication & stakeholder management skills. Meticulous and detailed oriented.
• Knowledge and experience in finance transformation would be an added advantage with ability to establish possible automation and improvement on daily finance operation and activities.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.

Job Requirements