Record to Report/Financial Reporting (insurance and reinsurance)
AIA Group · Cyberjaya, Malaysia · 3mo ago
At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.
It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.
And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business.
Sound like you? Then read on.
About the Role
Reporting to the Manager of Record to Report, this position shall be responsible to provide End-to-End accounting services from general accounting recording to provision of reporting and analysis services as per agreed/communicated timeline and in accordance to applicable accounting policies, standards and guidelines.Job Description:
Transaction Processing & Month‑End Close (Insurance and Reinsurance)
Prepare and park accounting entries for insurance and reinsurance transactions, including journals, accruals, adjustments, and reclassifications.
Prepare reinsurance templates, inter‑company billings, settlements, and clearing activities in accordance with defined procedures.
Support month‑end, quarter‑end, and year‑end closing activities to meet agreed timelines and SLAs.
Perform variance analysis and provide explanations for significant movements in balances and P&L.
Reconciliations & Financial Controls
Prepare timely and accurate balance sheet reconciliations, investigate reconciling items, and follow up on outstanding balances.
Perform daily and period-end system reconciliations and control checks, ensuring issues are identified and escalated appropriately.
Support ETL, sub-ledger, and SAS posting checks, ensuring data completeness and accuracy against source systems.
Maintain proper documentation and evidence to support financial controls and audit requirements.
Management, IFRS & Regulatory Reporting Support
Prepare management reports (e.g. A019, GCC) in accordance with Group reporting guidelines.
Support IFRS reporting activities, including IFRS 17 / IFRS 4, by preparing movements, reconciliations, and supporting schedules.
Prepare MOST and other regulatory reporting templates, ensuring alignment with underlying accounting records.
Assist in responding to audit queries from internal and external auditors by providing accurate data and supporting documents.
Process Improvement & Digital Enablement
Identify process inefficiencies, recurring issues, or control gaps, and propose practical improvement ideas.
Actively support automation, digital tools, and system enhancement initiatives to reduce manual work and improve data quality.
Follow standardized R2R procedures and contribute to the maintenance of process documentation and SOPs.
Job Requirements
University Degree in accountancy or Accounting Professional Qualification
Preferably 2 years of experience in financial and accounting related field in an Multi National Company. Fresh graduates are welcomed to apply
Experience in a shared services or similar environment
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.