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Assistant IT Finance Manager

Assistant IT Finance Manager

GREAT EASTERNKuala Lumpur, Kuala Lumpur, Malaysia
8 hours ago
Job description

Overview

We are seeking an Assistant IT Finance Manager to join our IT Finance and Vendor Management team, based in Malaysia, that is detail-oriented and has a strong sense of financial control and risk management. Reporting to the IT Finance Lead / Manager, this role is responsible for supporting the management and oversight for financial planning, budgeting, reporting and control related to IT projects.

Key Responsibilities

  • Prepare accurate and timely financial reports relating to IT expenses for project managers and senior management
  • Work with project managers to budget and forecast IT costs for ongoing and upcoming projects
  • Track purchase orders, vendor invoices, and ensure timely payments related to IT project expenditures
  • Collaborate with project managers to gather financial data, review budget draw-down requests and support cost analysis and cost-savings initiatives
  • Identify and report any variances or discrepancies in IT project expenses to management promptly
  • Support procurement and contract management processes related to IT resources and services
  • Assist in financial audits and compliance processes associated with IT project spending
  • Maintain proper documentation and financial records for IT-related expenses and project budgets
  • Support the IT Finance Manager / Lead and project managers in various financial tasks relevant to IT projects e.g. reconciliation for closed projects, internal charging for asset utilisation and cost allocation

We are looking for people who

  • Possesses Bachelor’s Degree in Accounting, Finance, or related field
  • Minimum of 5 years of experience in finance management within insurance of financial services, with a focus on IT finance and / or cloud financial management preferred
  • Strong understanding of IT cost structures, software licensing, and project financial management
  • Proficient in financial systems such as Oracle Fusion, as well as Microsoft Excel
  • Excellent analytical, communication and stakeholder management skills
  • Ability to work under pressure, manage multiple priorities, and meet strict deadlines
  • Strong team player with attention to detail, resilience under pressure and an adaptable and resourceful mindset.
  • Ability to work autonomously and effectively in a fast-paced, dynamic environment

    • How you succeed

  • Champion and embody our Core Values in everyday tasks and interactions.
  • Demonstrate high level of integrity and accountability.
  • Take initiative to drive improvements and embrace change.
  • Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
  • Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns / risks to safeguard our company proactively.

    • Who we are

    Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.

    The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.

    Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

    To all recruitment agencies : Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

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    Assistant Manager Finance • Kuala Lumpur, Kuala Lumpur, Malaysia