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Software engineer
- Location
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- Type
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- Posted
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Intern (GELM SS-Finance-Account Operations)
- Location
- Kuala Lumpur
- Posted
- 18D AGO
About the role
About the Job
We are looking for a motivated and detail-oriented Finance Intern to join our Finance team. This internship provides hands-on exposure to financial closing, intercompany processes, and IFRS based accounting within a regional shared service centre environment.
You will gain practical experience supporting month-end activities, intercompany reconciliations, and finance operations while working closely with experienced finance professionals across multiple entities.
Key Responsibilities
1. Financial Closing & Accruals Management
• Assist in month-end and year-end closing activities, ensuring accuracy and adherence to reporting timelines across multiple entities within and outside Malaysia.
• Prepare journal entries for accruals, provisions, cost allocations, and reclassifications in compliance with IFRS.
• Perform expense tracking and variance analysis against budget/forecast.
• Partner with business units to ensure completeness and accuracy of expense recognition and accrual releases.
• Maintain proper documentation to support audit and reporting requirements.
2. Intercompany Accounting & Governance
• Manage end-to-end intercompany (IC) transactions, including shared services recharge, cost allocations, billing, revenue recognition, and settlements
• Ensure all IC transactions and recharges comply with group accounting policies, transfer pricing guidelines, and arm’s length principles, with proper supporting documentation
• Prepare and review monthly recharge and intercompany journals, ensuring alignment with IFRS requirements and internal policies
• Perform monthly intercompany and recharge reconciliations, investigate discrepancies, and ensure timely resolution of reconciling items
• Monitor recharge revenue and cost pools, including variance analysis against allocation drivers (e.g., full-time equivalent, usage, agreed cost bases), and provide clear explanations
• Issue and manage intercompany invoices / debit notes, ensuring accuracy, completeness, and timely billing across entities
• Maintain internal controls over intercompany and recharge processes, ensuring completeness, accuracy, and proper audit trail
3. Financial Control, Compliance & Audit
• Ensure adherence to IFRS standards and internal accounting policies.
• Support statutory audits, internal audits, and regulatory reporting, including preparation of audit schedules and responding to queries.
• Maintain internal controls over financial reporting (ICFR), ensuring key controls are properly executed.
• Identify and mitigate financial, operational, and compliance risks.
4. Process Improvement & Transformation
• Support centralisation and regionalisation efforts within Great Eastern Regional Service Centre (RSC).
• Support special projects including system upgrades, process improvements and centralization efforts towards a regional shared service centre model.
• Update and enhance Standard Operating Procedures (SOPs) to reflect best practices and evolving requirements.
• Leverage data and tools to improve reporting efficiency and accuracy.
5. Stakeholder Management
• Work with team members across Finance and Business Units within Great Eastern Group.
• Gain exposure to group reporting and operations in a multinational corporation finance environment
We are looking for people who
Requirements
1. Qualifications & Experience
• Undergraduate pursuing or completed a Degree in Accounting/Finance or Professional Qualifications (ACCA, CPA, ICAEW, CIMA, MICPA or equivalent)
• Fresh graduates are welcome to apply
• Strong understanding of IFRS
• Knowledge and/or experience in the insurance or takaful industry is an added advantage
2. Functional Skills • Proficiency in Microsoft Excel (formulas, simple data analysis, reconciliation, automation)
• Experience with ERP systems (e.g., Oracle Fusion/Financials)
• Good understanding of financial reports and basic accounting principles
• Analytical, with ability to translate numbers into business insights
3. Personal Attributes
• Curious, proactive, and willing to learn in a fast-paced environment.
• Structured and detail-oriented.
• Strong sense of accountability and ownership.
• Able to work independently and manage tight reporting timelines
• Strong communication and stakeholder management skills.
• Continuous improvement mindset with initiative to drive change.
- 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.
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.
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.
