Deputy Finance Manager, Financial Reporting & Accounting

• Compile data and perform financial analysis to ensure data completeness and accuracy in P&L and Balance Sheet between underwriting and financial accounting system.
• Maintain accuracy in both Core and Local ledgers and provide support to all work papers, this is not limited to reviewing financial controls for operations and the work performed by Finance Operations located in Singapore and India.
• Prepare, coordinate and monitor the completion of capital projection, regulatory and statutory reporting on a quarterly and annual basis and ensure the reports are prepared in accordance with the accounting standards, regulatory and other statutory requirements.
• Provide financial analysis of the consolidated insurance results for the senior leadership team
• Oversee expense management and good oversight of accrual, prepayment, recharge, intercompany balance and GST prepared by fellow team members.
• Evaluate financial and accounting procedures including investment middle and back office activities and make recommendations for changes to procedures and control functions.
• Review quarterly GST and annual corporate tax returns prepared by Tax teams and ensure tax settlement, allocation and reconciliation are accurate and complete.
• Prepare and consolidate the annual expense budget for Finance and Facilities cost centers.
• Manage all filing deadlines and ensure compliance to procedural and reporting standards, both Group and Regulatory & Statutory requirements.
• Liaise with internal and external actuaries and auditors for actuarial and audit related matters and queries. This includes communicating with other business functions on data requirements and resolving audit issues.
• Liaise and maintain good relationship with all internal and external agencies such as IRDAI, actuaries, auditors, corporate secretary, banks and tax agents.
• Plan, supervise and coordinate the daily activities and development of direct reports and resolve issues.
• Assist in finance projects and initiatives such as IFRS 17/RBC and other new financial reporting standards, but not limited to providing solutions to reporting systems implementation such as data specifications and chart of accounts.
• Prepare other regulatory and ad-hoc reports and disclosures for management as identified by Senior Manager.
• Assist the Senior manager in preparation on forecast and budget on timely basis

We re looking for a qualified financial professional, someone who are equipped with these abilities and skills:

• Degree in Accountancy &/or recognized accounting qualification ACCA/CPA/CIMA.
• 5 years and above of related work experience with demonstrated work experience in similar capacity in the General Insurance/ Reinsurance industry will be a plus.
• Internal / external audit work experience with a focus in the insurance market and basic knowledge of IRDAI capital management Framework will be highly desirable.
• Proven analytical skills and ability to work independently and under own initiative.
• Excellent communication and interpersonal skills.
• Attention to detail and a meticulous eye for identifying inconsistencies or inaccuracies in data entry or data outputs.
• Ability to organize self (and others if applicable) including effective scheduling, prioritization and time management skills, completing tasks to tight deadlines. Demonstrate a can do attitude
• Comfortable taking ownership for own work, identifying the need for action (using initiative) whilst working effectively within a team.
• Advanced knowledge of MS Office Excel, Outlook, Word, Power Point.