Finance Manager (insurance)

A brand specialising in insurance services, is currently looking for a Finance Manager to join its team, reporting to the CFO you will be responsible for:

Job Description

• Acting as the Accounting policy lead for the company.
• Overseeing the day to day and month end financial accounting processes and recording, ensuring these are in compliance with Group, Regulatory and accounting and insurance standards requirements
• Managing the monthly Balance Sheet reconciliations and substantiation process
• Ensuring a robust internal and financial controls framework is in place with regards of own areas of responsibilities
• Managing the preparation of monthly management accounts and Group financial reporting (GRCA)
• Managing and reviewing the quarterly and annual regulatory reporting to the MFSA and CBM in accordance with Solvency II Regulatory requirements; including QRTs, NSTs, SFCR and RSR and any other requests by regulators
• Preparing the annual statutory financial accounts in accordance with IFRS
• Preparing of taxation computations and returns for Income and Value Added Tax
• Authorising Unit-Linked Funds pricing and maintaining accurate levels of underlying Assets to match the Unit-Linked liabilities
• Managing the relationship for outsourced and off-shored operations
• Identifying and implementing  improvements and streamlining opportunities
• Managing direct and indirect team and ensuring staff efficiency is maintained at maximum level through timely planning, organized practices, ongoing training, coaching and adequate supervision.

Skills and Experience:

• Professionally qualified Accountant with a recognised degree, with experience in insurance and / or other financial services.
• Possess an advanced level of computer literacy, with extensive familiarity with financial reporting systems and vast experience in Excel functionality.
• Strong mathematical and analytical ability to interpret financial data and exercise a significant degree of judgement.
• Strong process management skills.
• Ability to work to tight timescales, multitask and takes ownership to ultimate resolution.
• Excellent planning and organisational skills with the ability to adapt to changing and different situations.
• Ability to communicate and negotiate effectively, internally and externally.
• Self-motivated with proven team working skills in Finance and across the business.
• Ability to lead, motivate and coach the immediate team and play an effective role within wider teams.
• Awareness of Regulatory and legislative requirements.
• Experience in leading process changes and project work.
• A working knowledge of International Financial Reporting Standards (IFRS)
• A thorough understanding and knowledge of the insurance business and activities, strategic imperatives, products and markets.