Assistant Accountant, Finance Operations

Posted 3 Days Ago
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Singapore
Entry level
Insurance
The Role
The Assistant Accountant role involves supporting the Finance Operations team by managing accounts payable and accounts receivable tasks, including processing invoices, expense reimbursements, and payment runs. The role also includes tasks related to month-end closing, intercompany invoices, and bank reconciliations, while ensuring compliance with company policies.
Summary Generated by Built In

Title:

Assistant Accountant, Finance Operations

Company:

Everest Intl Re, Ltd Singapore

Job Category:

Finance

Job Description:

About Everest

It’s an exciting time for Everest! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role

To support the growth strategy of Everest International, we are expanding our Finance team in Singapore with this newly created role.

The primary responsibilities of this role are to support the Finance Operations team, and to manage all accounts payable and accounts receivables tasks.

This role will also give you the opportunity to work closely with other departments and functions as well as regional colleagues to support local and regional transformation projects.

Key Accountabilities:

  • Invoice Processing – Receive, verify, and process invoices from vendors and suppliers. Ensure all invoices are properly supported and accurately booked to the ledger on a timely basis.

  • Expense Reimbursement – Process and review employee reimbursement to ensure it complies with company policies. Expense should be recorded promptly with precision.

  • Payment processing – Prepare and execute payment run in SUNS. Ensure all payments are made within agreed terms and compliance with company policies.

    • Payments includes but are not limited to invoice, staff reimbursement, reinsurance, return premium, broker brokerage, intercompany and interbank transfer.

  • Month End Closing – Assist with month end and year end closing procedures. Which includes preparing accruals, journal entries and audit schedules.

  • Prepare intercompany invoices on a quarterly basis, validating expenses before sending to our affiliates.

  • Record incoming receipt (UA)

  • Maintain and monitor listing of unallocated receipts

  • Perform monthly bank reconciliations

  • Undertakes any other finance duties as may be assigned.

Knowledge, Skills, Experience and Abilities

  • Some experience in accounts payable/accounts receivables preferred

  • Proficiency in ERP Oracle

Professional Qualifications

  • Diploma and above preferred

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.  

  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.  

Type:

Regular

Time Type:

Full time

Primary Location:

Singapore Insurance

Additional Locations:

GDPR Privacy Notice | Everest (everestglobal.com)

The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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