Finance Executive

Finance Executive

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Finance

Our finance professionals play an essential role in maintaining a healthy balance sheet at AIG. They deliver significant finance support for the overall enterprise, optimizing operations, funding and capital structure to honor our commitments to our stakeholders. They inform the decisions of AIG executives and comply with regulatory requirements, maintaining financial discipline, transparency and controls, while providing timely and meaningful information.

Within the Finance team, the Treasury and Capital Markets group handles Treasury Department activities and funding the overall capital structure of AIG and investor relations. The Actuarial and Value Management team manages rating agency relations. The Finance Operations team handles controllership activities, including Security & Exchange Commission reporting and tax.

About the role

What you need to know:

Purpose of the role:  

Under the supervision of the Vice President of Finance & Accounts, she is responsible for carrying out day-to-day operational tasks in relation to USGAAP reporting, investment portfolio, tax reporting and assist in IFRS 17 implementation in accordance with Company policies, procedures, professional standards, best practices and regulatory guidelines for Company.

Accountabilities for the role:

AIG Group Reporting

To prepare annual and quarterly submission of USGAAP reporting, including manual schedules and reports for management review. To perform month-end Balance Sheet Reconciliation.

Investment

To prepare monthly, quarterly and Financial Statement schedules both interim and final disclosure. To prepare month-end general ledger book for investment transactions. To prepare monthly and quarterly analytics due to Bank Negara and to AIG Group Reporting. To perform investment reconciliation against and Aladdin reports and custodian bank. To update daily investment movement transactions and trade blotter.

Tax

To prepare monthly Sales & Service Tax return for payment and submission to Royal Malaysia Custom Department (“RMCD”). To prepare and submit e-invoice template in DeInvoice portal.

Others

To oversee the maintenance for Computron and SAP system. To perform daily and monthly SDI reconciliation. To perform monthly assessment and prepare journal for leases (IFRS 16). To prepare monthly and quarterly statutory sub-reports to Bank Negara (Bancassurance, Medical & Health, Insurance, IRE (Agency Related Expenses). Preparation of quarterly gross premium by distribution channel report to Insurance Service Malaysia Berhad (“ISM). 

What we’re looking for:

Requirement

• Bachelor’s degree in finance, accounting, or a related discipline.

• Minimum 1 – 2 years of years’ experience in related field

• Fresh graduate are encouraged to apply.

We are an Equal Opportunity Employer

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  

Functional Area:

FA - Finance

AIG Malaysia Insurance Berhad