Job ref no.: CT3120081-01#2856

Operational Finance Officer

Bluemont Consulting

Are you an Operational Finance Officer interested in being responsible for reports preparation, monitoring and managing of monthly billing, receipt, reconciliation and handling of external enquiries in order to provide support with managing a key regional partner for an international health insurance company?

Responsibilities:

  • Improve on internal controls; feedback and improve processes, billing formats, and other operational finance areas.
  • Ensure that all IFRS, GAAP and Statutory closing and reporting tasks related to own area of responsibility are accurate and timely.
  • Complete assigned postings, Journal Entries and Account reconciliations on a periodic basis
  • Coordination, transfer and reconciliation of data from interfaces of front-end systems
  • Timely execution and fulfillment of internal and external reporting requirements.
  • Reconcile and settle intercompany transactions within the affiliated company group.
  • Take care of monthly legal entity close submission activities, including posting of accruals, deferred acquisition expenses and other accounting transactions.
  • Assist in SAP system process.
  • Manage settlement for premiums, commission, claims and technical expenses
  • Manage reconciliation of funds received
  • Perform inter system and suspense reconciliation
  • Document application of policies, procedures and workflow for assigned areas of responsibility.
  • Archive records to satisfy audit and statutory requirements.
  • Draft standards to improve quality as well as active contribution in improving and implementing global operation cycles, processes and workflows as well as the implementation of global policies and procedures
  • Manage relationship with 3rd parties (auditors, biz units, tax authorities, public authorities, etc.)
  • Manage relationship with peers in the region
  • Work within all Operations sub-teams to clarify and resolve queries related to bank partnerships.
  • Drill down and investigate into issues which arise from P&L deviation analysis.


Requirements:


 

  • Tertiary qualification in Business Administration, Economics, Finance, Accounting or comparable degree preferred or qualified by experience in related discipline
  • 3- 5 years Professional experience in reinsurance, P&C insurance and / or asset management
  • Advanced Excel and Powerpoint skills to effectively analyse data and convey messages in a winning fashion
  • Understanding insurance financial statements and their performance measurement incl. Drivers
  • Comprehensive knowledge of local GAAP, IAS / IFRS, Regulatory, Tax and other relevant requirements (such as Allianz Accounting policies) wrt reporting, compliance and declaration
  • Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows
  • Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations
  • Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation
  • Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management (both verbal and in writing)
  • Fluent local language is required as well as good English
  • Ability to manage projects (milestone and task planning, managing resources, project controlling, monitoring, and reporting, moderation techniques) and to develop solutions while considering complex stakeholder structures and requirements

Interested parties please click Apply Now to apply job.

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More job information
Job ref no. CT3120081-01#2856
Salary
  • N/A
Job Function
Industry
Employment Term
  • Full-time
Experience
  • 3 years - 5 years
Career Level
  • Non-management level
Education
  • Diploma or equivalent
  • Asso. Deg or High Dip
  • Degree