GL Reconciliation Senior Executive

Key AccountabilitiesRecord journal entries accurately and in accordance with applicable policies

• Ensure transactions have been properly authorized in line with the agreed policies and exceptions are reported. 
• Daily/monthly Balance sheet reconciliations, research & analysis to substantiate the GL Balance with Sub-ledger balances
• Perform Reconciliations of Suspense or Control accounts to monitor the process controls
• Carry out variance analysis of GL Balances to identify the causes for any fluctuations between two period balances
• Record different journal entries such as Re-class JEs, Cost allocation JEs, Accrual JEs etc. in accordance with applicable, 
• Liaison with key customers and stakeholders providing further analysis, explanation and understanding where required.
• Participate in the continuous development of processes (including Lean) to increase efficiency, effectiveness, accuracy, timeliness, quality and user friendliness as well as reflecting regulatory change.  Includes identification of opportunities, gaining approval, documentation, testing and implementation.
• Good understanding of Insurance Accounting and it’s terminologies
• Preference of Candidates with the knowledge and IFRS 17
• Assist with Audit with Tax Schedule preparation
• Review documents for compliance with company policies

Graduate - preferably accounting background with 2 - 3 Years in SAP and Blackline usage as end user. Experience in insurance accounting will be added advantage 

Prepare GL Reconciliation to substantiate GL Balances with the independent support; perform various type of reconciliations like Intercompany, Prepaid, Deferred receivable, claim reconciliations; carry out variance analysis to identify the reasons for any fluctuations between two period’s GL balances; recording, reporting and controlling of financial transactions, ensuring that all entries are properly accounted for the said period and also reported accurately.