Finance Associate (18 months Contract)
Swiss Re · Kuala Lumpur, Malaysia · 1d ago
About the Team
The SRAL Carrier Management team comprises finance professionals across the region and operates within the broader Finance function globally within the GFO&T division. The team collaborates closely with local, regional, and global stakeholders to deliver timely, accurate, and reliable financial reporting, meeting both regulatory and statutory requirements as well as internal analytical needs.
In addition, the team ensures robust governance and effective management of financial reporting risks, while supporting the implementation of strategic initiatives across the region. As a trusted finance business partner, SRAL Carrier Management team also provides business partnering support to enable informed decision-making and sustainable business development.
About the Role
We are seeking a highly motivated and technology-savvy professional to support a key finance transformation initiative involving the decommissioning of an existing sub-ledger and transition to a new system landscape. The role offers an opportunity to work at the intersection of finance, systems, data, and process transformation.
The successful candidate will play a critical role in ensuring data integrity throughout the transition, supporting report redevelopment and testing activities, documenting new operating processes, and coordinating stakeholders across multiple functions to ensure successful project delivery. In addition, the candidate will provide Business-as-Usual (BAU) support, including quarterly close, reporting, audit activities, and other finance operational responsibilities.
Key Responsibilities
1. Sub-ledger Decommissioning and Transformation Support
- Perform reconciliations between legacy and target systems to ensure accuracy, completeness, and integrity of financial and operational data.
- Investigate and resolve reconciliation differences by working closely with finance, IT, and business stakeholders.
- Assist in validating balances, transactions, reports, and key data sets throughout the migration process.
2. Reporting and System Implementation
- Support the redesign and rebuilding of existing reports in the new system environment.
- Work with users to understand reporting requirements and validate that business needs are met in the target solution.
- Assist in user acceptance testing (UAT), system testing, and data validation activities.
- Track testing outcomes, document issues, and coordinate resolution with relevant stakeholders.
- Contribute to continuous improvement opportunities and process automation initiatives where applicable.
3. Process Documentation and Governance
- Develop documentation for newly established processes and controls.
- Update existing process documentation, operating procedures, and training materials to reflect changes arising from the transformation programme.
- Ensure appropriate governance, controls, and audit trail requirements are maintained throughout the project lifecycle.
- Support preparation of project status updates, meeting materials, and decision logs.
4. Business-as-Usual (BAU) Support
- Provide support for finance operations, reporting, reconciliations, and analysis activities.
- Assist with ad hoc finance projects, regulatory reporting, audit requests, and operational initiatives as required.
- Contribute to process improvement efforts supporting overall finance efficiency and effectiveness.
About You
Qualifications and Experience
Required
- Bachelor's degree in finance, Accounting, Business, Information Systems, or a related discipline.
- 1-3 years of relevant experience in finance, accounting, reporting, finance operations, systems implementation, or transformation projects.
- Experience working with financial data, reconciliations, and reporting processes.
- Strong proficiency in Excel and familiarity with finance systems and reporting tools.
- Experience supporting testing, system migrations, or process improvement initiatives is advantageous.
Preferred
- Exposure to insurance, reinsurance, banking, or financial services environments.
- Experience with ERP, finance sub-ledger, reporting, or data transformation projects.
- Familiarity with process documentation and control frameworks.
Skills and Competencies
Technical and Analytical
- Strong analytical and problem-solving skills.
- Comfortable working with large datasets and performing detailed reconciliations.
- Good understanding of finance processes, reporting, and controls.
- Technology-savvy with a demonstrated ability to quickly learn new systems and tools.
Personal Attributes
- Quick learner with intellectual curiosity. Self-driven and able to work independently with minimal supervision.
- Highly organized and detail-oriented.
- Proactive in identifying issues and driving solutions.
Communication
- Excellent verbal and written communication skills.
- Ability to communicate effectively with both technical and non-technical stakeholders.
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Reference Code: 139445