Discover the GREAT in your career.

As a LIFE company, our customers are at the heart of all that we do. Being one of Asia’s leading insurer for over a century, we have built a long-lasting legacy of trust with our customers over many generations. At the foundation of this trust is Integrity, Initiative, and Involvement – from the way we treat every customer relationship with honesty and transparency, to our proactive approach of delivering the best possible solutions in both life and general insurance.

Integrity, Initiative, and Involvement is what guides us. It is what makes us do the right thing, take the lead, and choose ‘we’ over ‘me’. Our mission is to make life great for our customers because we understand what matters most to them, and we know how to help them protect it.

If you are looking to grow in an exciting career filled with opportunities and potential, we are seeking a professional to join our team as Manager/AVP, Finance (Accounts Receivable & Accounts Payable).

Job Purpose

We are looking for an experienced Finance Manager to join our dynamic finance division in the insurance industry. The ideal candidate will have a strong background in financial operations, process optimization, and team leadership within the insurance industry. This role ensures accurate financial processing, timely reconciliation, and efficient operations while leading a centralization project to integrate reconciliation and operating work from multiple entities.

The Job

• Accounts Receivable & Accounts Payable (AR & AP) Operations Management: Oversee day-to-day operations of the AR & AP teams, ensuring accurate processing, timely cash management, and prompt payment of invoices. Monitor cash flow, manage receivables and payables, and resolve discrepancies to maintain accurate financial records.
• Centralization Project Leadership: Lead the centralization project aimed at integrating reconciliation and operating activities from various entities into a unified process. Collaborate with cross-functional teams to standardize procedures, implement best practices, and improve overall operational efficiency.
• Reconciliation & Financial Reporting: Ensure monthly and periodic reconciliations of AR & AP accounts, identifying and resolving discrepancies in a timely manner. Prepare comprehensive reports and financial statements, providing insights into performance and process improvements.
• Process Improvement & Efficiency: Identify opportunities to streamline financial processes, reduce manual intervention, and enhance productivity across AR & AP functions. Implement process improvements and automation tools that support strategic initiatives and operational excellence.
• Team Leadership & Development: Manage, mentor, and develop the AR & AP teams, ensuring a high level of performance and continuous professional growth. Allocate resources effectively and foster a collaborative team environment focused on achieving departmental and organizational goals.
• Stakeholder Engagement & Communication: Act as the primary liaison between finance teams, internal stakeholders, and external partners to ensure alignment and effective communication. Present regular updates, performance metrics, and project progress reports to senior management.
• Audit & Compliance: Ensure adherence to internal controls, industry standards, and regulatory requirements in all AR & AP activities. Coordinate with internal and external auditors, addressing audit findings and implementing corrective actions.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

Our Requirements

• Bachelor’s degree in Accounting, Business Administration, Management, Finance or a related field. Other relevant certifications (e.g. LOMA, MII) is a plus.
• 6-10 years of working experience in Finance supervisory roles or minimum 5 years of audit experience. Candidates with insurance accounting system knowledge is a plus.
• Proficiency in Oracle Cloud and Broadridge applications, particularly in Financials, HCM, and EPM modules. Strong understanding of cloud architecture and business processes.
• Possess strong interpersonal and communication skills and effective in stakeholder managements.
• Possess strong decision-making and problem-solving ability, with the ability to analyse and manage conflicts.
• Comfortable working in a dynamic setting, with a high level of attention to detail, ensuring accuracy and completeness in finance operations deliverables and documentation.
• 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.

About Great Eastern

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.