Senior/Finance Executive

ECICSLIMITED is a leading provider of general insurance solutions in Singapore. With a strong focus on customer service and innovation, we strive to offer our clients tailored insurance products and exceptional support. As a dynamic and forward-thinking organisation, we are committed to the continuous development of our employees and the growth of our business.

As part of our continued growth, we are seeking an experienced Finance Executive to support the daily financial operations & reporting of the Company, ensuring accuracy, compliance, and timely reporting. This role is critical in maintaining strong financial controls and supporting business growth within a regulated general insurance environment.

Key Responsibilities

Financial Control & Close

• Coordinate and support month-end and year-end close: general ledger review, journal entries, trial balance, accruals and provisions

• Maintain the chart of accounts and ensure the integrity of the GL

• Prepare statutory financial statements under the applicable accounting framework (IFRS/SFRS(I)), including relevant insurance contract accounting requirements, for review by the Head of Finance

• Perform and support accounting assessments relating to insurance and reinsurance contracts, including premium recognition, claims liabilities and reinsurance accounting, and prepare supporting documentation for significant accounting judgments

Regulatory Reporting

• Prepare regulatory returns and solvency/capital adequacy submissions for review and sign-off by the Head of Finance

• Monitor the regulatory reporting calendar and coordinate the required information and supporting schedules to ensure filings are submission-ready ahead of deadlines

• Highlight potential reporting issues or exceptions to the Head of Finance for review.

Review & Controls

• Review premium, reinsurance, and cash reconciliation work prepared by other finance staff for completeness and accuracy before incorporation into the statutory accounts.

• Maintain and evidence internal controls over financial reporting; support external and internal audit requests

• Flag control gaps or single points of failure to the Head of Finance proactively

Management Reporting & Support

• Support preparation of management accounts, board packs, and combined ratio/loss ratio analysis where needed

• Liaise with external auditors, tax advisors, and the outsourced actuarial function on data requests and queries

• Provide accounting and reporting support to the Head of Finance on operational and ad-hoc finance matters.

Required Qualifications & Experience

• Professional accounting qualification (CA, ACCA,CPA, or equivalent)

• Minimum 5 years of relevant finance/accounting experience is essential

• Candidates with at least 2 years of experience in the General Insurance or Reinsurance industry are highly preferred and will be given priority consideration.

• Working knowledge of insurance contract accounting (IFRS 17 or equivalent) and regulatory reporting regimes (e.g., MAS requirements if Singapore-based)

• Experience preparing statutory accounts in an audited environment

• Able to work independently in a lean Finance team, exercise sound judgement within established policies and processes, and proactively identify and escalate issues when required.

• Working knowledge of Generative AI tools and the ability to use AI prompting techniques to support day-to-day finance, reporting and analytical tasks will be an added advantage.