7 Finance jobs in Labuan

-Undertake any additional duties or responsibilities reasonably assigned by management in line with operational requirements and the scope of employment.

-Maintain consistent and punctual attendance in accordance with the Company's attendance and timekeeping policies to ensure workflow efficiency and reliability.

-Accurately prepare and process Accounts Payable (AP) and Accounts Receivable (AR) transactions in a timely manner, ensuring adherence to company financial policies and procedures.

-Verify supplier invoices against purchase orders and delivery notes; coordinate and issue payments to vendors and service providers after validation.

-Generate and issue accurate sales invoices, delivery orders, and credit notes to clients in a timely manner in line with contractual terms.

-Monitor and follow up on Goods Received Notes (GRNs) and outstanding payments from clients, ensuring timely collections and proper documentation.

-Reconcile AP and AR accounts on a regular basis, investigate and resolve any discrepancies in collaboration with internal departments or external parties.

-Maintain accurate and current financial records using accounting software, ensuring compliance with internal controls and audit requirements.

-Prepare monthly management accounts, financial summaries, and variance reports for review by the Finance Manager or management team.

-Prepare and submit weekly updates on Creditor and Debtor Ledger Balances, highlighting aging reports and identifying overdue invoices for escalation.

-Organize, digitize, and file financial documents, including receipts, vouchers, invoices, and reports, ensuring confidentiality and ease of retrieval during audits or reviews.

-Handle day-to-day financial correspondence, communications, and general administrative support relating to finance and accounting functions.

-Ensure compliance with relevant financial regulations, internal policies, and accounting standards when preparing or examining financial documents.

-Support finance team in accruals, journal entries, and reconciliations during reporting periods to ensure completeness and accuracy of financial data.

-Assist auditors by providing required documentation, clarifying transactions, and addressing audit queries related to receivables and payables.

-Regularly update and maintain accurate records for client and supplier profiles in the accounting system to ensure proper transaction tracking and credit control.

Overview

We are currently seeking a detail-oriented and proactive individual to join our Finance & Technical team at Challenge Group Inc (Labuan / KL office).

• Proactively follow up with clients to ensure timely collection of premiums and maintain accurate records of outstanding balances.
• Client Account Management: Prepare and issue monthly Statements of Account to clients, ensuring clarity and accuracy in financial reporting.
• Record and process incoming payments from clients, verify transaction details, and clarify discrepancies in coordination with internal teams and clients.
• QuickBooks Management: Utilize QuickBooks software to maintain accurate financial records, including payment entries and account updates.
• Assist in preparing payment instructions for the Finance Manager to facilitate premium transfers to reinsurers, ensuring compliance with internal controls and timelines.
• Technical Documentation Support: Assist the technical team in preparing and organizing standard documentation required for processing and compliance, ensuring consistency and accuracy.
• Documentation & Reporting: Maintain organized records of financial transactions and support periodic reporting requirements.
• Cross-Functional Collaboration: Work closely with Finance, Technical, and Broking teams to ensure smooth financial operations and resolve any issues efficiently.

• Diploma or Degree in Accounting, Finance, Business Administration, or a related field.
• 1–3 years of relevant experience in finance operations or administrative support (experience in insurance or reinsurance is a plus).
• Proficiency in QuickBooks or similar accounting software.
• Strong attention to detail and organizational skills.
• Good communication skills and ability to work collaboratively across teams.
• Proactive, reliable, and able to manage multiple tasks efficiently.

Finance Manager, Technical Team Lead and Technical Director

Interested candidates are invited to submit their resume and a cover letter detailing their relevant experience & expected salary to

Please include "Challenge Group Inc - Technical and Finance Support Executive Application" in the subject line.

• Entry level

• Full-time

• Business Development and Sales
• Industries: Insurance

We are currently seeking a detail-oriented and proactive individual to join our Finance & Technical team at Challenge Group Inc (Labuan / KL office)

Key Responsibilities

• Premium Collection Support:

Proactively follow up with clients to ensure timely collection of premiums and maintain accurate records of outstanding balances.

• Client Account Management:

Prepare and issue monthly Statements of Account to clients, ensuring clarity and accuracy in financial reporting.

• Payment Reconciliation:

Record and process incoming payments from clients, verify transaction details, and clarify discrepancies in coordination with internal teams and clients.

• QuickBooks Management:

Utilize QuickBooks software to maintain accurate financial records, including payment entries and account updates.

• Reinsurer Payment Coordination:

Assist in preparing payment instructions for the Finance Manager to facilitate premium transfers to reinsurers, ensuring compliance with internal controls and timelines.

• Technical Documentation Support:

Assist the technical team in preparing and organizing standard documentation required for processing and compliance, ensuring consistency and accuracy.

• Documentation & Reporting:

Maintain organized records of financial transactions and support periodic reporting requirements.

• Cross-Functional Collaboration:

Work closely with Finance, Technical, and Broking teams to ensure smooth financial operations and resolve any issues efficiently.

Qualifications & Skills

• Diploma or Degree in Accounting, Finance, Business Administration, or a related field.
• 1–3 years of relevant experience in finance operations or administrative support (experience in insurance or reinsurance is a plus).
• Proficiency in QuickBooks or similar accounting software.
• Strong attention to detail and organizational skills.
• Good communication skills and ability to work collaboratively across teams.
• Proactive, reliable, and able to manage multiple tasks efficiently.

Reporting Line: Finance Manager, Technical Team Lead and Technical Director

How to Apply:

Interested candidates are invited to submit their resume and a cover letter detailing their relevant experience & expected salary to

Please include "Challenge Group Inc - Technical and Finance Support Executive Application" in the subject line.

About the Job

Responsible in ensuring the smooth functioning of daily business operations by supporting the key client account management, preparing accounting and financial related reporting, supporting operational aspects and maintaining accurate documentation.

• Provide excellent service to clients and ensure high standard of customer services by understanding their needs and provide solutions.
• Support the client account and relationship manager in processing new business applications and policies renewal, including reviewing customer applications to ensure the requirements are fulfilled.
• Perform report support duties and administrative tasks such as attending to business related enquiries, payment collection, follow up on pending cases, arranging couriers, and working with other Great Eastern support functions for these matters.
• Ensure timely submission of reports to the relevant internal and external stakeholders including periodical statements and statistical reports to Labuan Financial Services Authority (LFSA), and working with other Great Eastern support functions for the preparation of these information.
• Ensure legal and regulatory compliance with all reporting, accounting and audit requirements imposed by regulatory bodies.
• Assist in monitoring Company's management and distribution expenses to ensure expenditure remains within budget.
• Liaison with auditors, tax agents, authorities and other parties on matters related to financial requirements, in conjunction with wider Great Eastern Finance teams.
• Assist in day-to-day documentation, reporting and submission for the relevant internal and external stakeholders including the management and Board committee.
• Take accountability in considering business and regulatory compliance risks and take appropriate steps to mitigate the risks.
• Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlight any potential concerns/ risks and proactively shares best risk management practices.

We are looking for people with

• Bachelor’s degree in Accounting/ Finance, Business, or a related field.
• Fresh graduates are encouraged to apply. 1-2 years of relevant experience in accounting and audit, actuarial and/ or investment are added advantage.
• Ethical and professional, with high degree of integrity.
• Excellent interpersonal, verbal and written communication skills.
• Fair knowledge in accounting standards, guidelines and practices.
• High level of integrity, take accountability of work and good attitude over teamwork.
• Take initiative to improve current state of things and adaptable to embrace new changes.

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.

The Great Eastern Labuan Company Limited, a subsidiary of Great Eastern Holdings Limited, delivers insurance solutions to meet the needs of its customers.

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 16.5 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.

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.

Equal Employment Opportunity

We are an equal opportunities employer and welcome applications from qualified candidates.