Our client is A European-Based Insurance Group in Hong Kong

Job Summary:

• Monitor and review all financial reports for both Life and P&C operations in Hong Kong.
• Manage and control balance sheet movement, credit control and ageing analysis
• Support management and other departments in the interpretation and impact of accounting policy changes
• Lead IFRS 17 and IFRS 9 implementation for Hong Kong
• Drive change management for efficiency gains and improved turn around time. Lead Finance Transformation (e.g. SAP implementation, system and process changes) activities to improve efficiency in financial reporting and finance operations area
• Lead the teams managing financial reports, accounts receivable, payable, expense management and banking
• Provide support to major finance and company-wide projects

Responsibilities:

• Lead the Financial Reporting function in the month end closing and balance sheet movement analysis
• Monitor the finance and accounting systems, policies and procedures to ensure that the processes and systems are operating in the most efficient and effective manner.
• Manage and deliver finance and accounting related projects to ensure their successful implementation and desired results.  In addition, ensure proper resource allocation for timely and quality of delivery.
• Advise the management on critical issues, strategies and development to ensure business decision-making has a sound financial basis.
• Implement Group and local policies in order to adhere to the relevant compliance procedures and obtain satisfactory audit / regulators’ review reports.
• Manage key stakeholders in HO, Regional Office, Local business units, peers, external consultants, regulators and auditors.
• Lead the IFRS17 and IFRS9 project for Life and P&C business in HK. Manage and engage with all stakeholders like actuarial, technology, operations, investments, risks, business, regulator, auditor and Group for this project.
• Mentor and develop the staff members to ensure a high quality and technically strong team
• Provide support for the implementation of new regulations like Risk Based Capital, Insurance Levy, etc.
• Plan, drive and monitor efficient operation in premium collections, payments, system settlements, reconciliations and analysis, credit controls, treasury & cash management expense allocation
• Review and enhance operating procedures to improve efficiency and effectiveness of finance operation and reporting processes
• Coordinate external audit to ensure smooth limited reviews and year end audit. Also liaise with other external stakeholders on tax related matters. 

Requirements:

Education                    

• CPA, Master Degree and/or comparable/recognized professional accounting qualification.

Experience                    

• A minimum of 10 years of Finance & Accounting and/ or audit experience in insurance business, with 5+ years in middle management positions.

Skills   

• Strong finance and accounting knowledge in a life and/or non-life insurance businesses.
• Good knowledge of new accounting standards like IFRS 17 & IFRS 9
• Good command of spoken and written English
• Good interpersonal and communication skills
• Extremely good at managing teams, peers and management
• Proficiency in Windows application and other computer software (i.e. Insurance application systems, SAP, etc.)

Interested parties, please send your CV in MS Word format with an indication on present and expected salary to Mr. Lee via email at alee@wwhcc.com, thanks!