Accounting Associate

Job Title : Accounting Associate :

Department : Accounting & Reporting

Key Success Indicators :

• All assigned closing activities completed within the agreed monthly/quarterly closing timetable.
• Minimal material errors in journals, reconciliations, and reporting schedules. No repeated significant errors.
• 100% of assigned balance sheet accounts reconciled monthly, with proper supporting documents
• Reconciling items investigated and cleared within agreed SLA; no unexplained long-outstanding items.
• Key accounts successfully reconciled between GL, sub-ledger/source systems, and supporting data.
• Significant balance sheet/P&L movements are identified proactively and supported by clear, accurate explanations.
• Accounting issues are followed through to closure within agreed timelines, with root causes properly identified and documented.
• No significant audit or internal-control findings caused by failure to perform assigned accounting responsibilities. Repeat findings should be zero.

Brief Job Description :

• Perform monthly, quarterly, and annual closing activities, including journal preparation, accruals, adjustments, and closing schedules.
• Prepare and maintain balance sheet reconciliations, investigate differences, and ensure reconciling items are resolved on a timely basis.
• Prepare accounting schedules and supporting information for management, statutory, regulatory, and financial reporting purposes.
• Ensure accounting transactions are recorded accurately, completely, and in accordance with applicable accounting policies and standards.
• Reconcile accounting data between source systems, sub-ledgers, and general ledger.
• Analyze significant movements in balance sheet and P&L accounts and provide clear explanations for unusual or unexpected movements.
• Identify accounting issues or discrepancies, investigate root causes, coordinate with relevant departments, and ensure timely resolution.
• Prepare supporting documents and schedules for external/internal audit, OJK reporting, tax review, and other regulatory requirements.
• Identify opportunities to improve, standardize, or automate accounting and reconciliation processes.
• Coordinate with Operations, Actuarial, Investment, IT, Tax, Finance Operations, and other departments to resolve accounting and data issues.

Technical Competency Requirement :

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 2–4 years of relevant accounting experience; insurance or financial services experience is preferred.
• Hands-on experience in monthly closing, journal entries, account reconciliation, and financial reporting.
• Good understanding of PSAK/IFRS and general accounting principles.
• Experience in preparing and reviewing balance sheet reconciliations and supporting schedules.
• Experience dealing with large transaction volumes and multiple data sources/systems.
• Familiarity with life insurance accounting and SUN accounting system is a strong advantage.
• Able and willing to work hands-on, including detailed reconciliations, data checking, investigation of differences, and journal preparation.
• Able to work under tight deadlines, particularly during month-end, quarter-end, and year-end closing.
• Having an experience in KAP/ Insurance Companies will be a strong advantage

Certification : Education : Bachelor’s degree

Education :