Head of Accounting - Insurance

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Eames Consulting Hong Kong , EA Licence No: 16S8091
  • 18 Sep 18 2018-09-18

My client is a top global insurer looking for accounting professionals in Hong Kong to help manage and lead a team. Candidates should have previous accounting experience in either General Insurance or Life Insurance.

Key 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 and 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.
  • Review and verify that AML & CTF measures are in accordance with the Company’s guidelines and procedures
  • Coordinate external audit to ensure smooth limited reviews and year end audit. Also liaise with other external stakeholders on tax related matters.

Key Requirements

Education                    

CPA and/or comparable/recognised professional accounting qualification. 

Degree in Finance, Accounting or relevant discipline.

Experience                     

A minimum of 8 years of Finance & Accounting and/ or audit experience in insurance business and some experience in management is a plus.

Skills    

  • Strong finance and accounting knowledge in a life and/or non-life insurance businesses.
  • Good knowledge of new accounting standards
  • Good command of spoken and written English
  • Good interpersonal and communication skills
  • Proficiency in Windows application and other computer software (i.e. Insurance application systems, SUN Accounting, Investment Accounting)