For Recruiters

Head of Finance (Reinsurance) based in KL, Malaysia

LMA Recruitment
Kuala Lumpur, Malaysia
Posted 7 days ago Permanent Negotiable

Head of Finance (Reinsurance) based in KL, Malaysia

  • Exciting opportunity
  • MSRS17 implementation
  • Team Management

You will be reporting to CFO with responsibility and accountability for all financial management. This includes, MFRS17 implementation, strategic business planning, controllership, cost containment, process improvement, strengthening of internal controls, migration of new core systems

Key Responsibilities

  • Exercise financial disciplines & controllership over the Company, including the Financial Management and Investment Management guidelines, liquidity & debt management, expense & capital expenditure management & tax planning.
  • Assist the CFO in monitoring, guiding, and managing the budget and financial operations of the Company. Constantly review and improve internal controls to mitigate risks and potential fraud.
  • Assist CFO in the implantation of MFRS17 for both regional and local reporting. The project scope will include the review and enhancement of existing processes, to meet the multiple closings and submissions
  • Responsible for the integrity of the entire financial process; management, statutory and regulatory reporting of the Company. Provide timely, accurate and relevant information that assist in the company’s strategic and decision making.
  • Work with external fund managers to ensure company’s investment return is optimized.
  • To work with internal auditors of the Company and to liaise and work effectively with the external auditors.
  • To understand and implement Financial Management Excellence under the management programmes, customizing programmes
  • to create and sustain Financial and Operational excellence.

Skills/ Experience

Bachelor’s degree in finance, Accountancy, or possess an accountancy professional qualification (CPA, ACA, ACCA, CIMA or other equivalent) with at least 12 years of relevant experience in insurance or reinsurance industry

Experienced in monthly, quarterly, and annual financial reports including MFRS 4, MFRS17, MFRS17+RBC Exposure Draft Simulation would be preferable

Have good communication skills – both written and verbal, with the ability to develop strong working relationships with senior business partners, resolving problems cross-functionally across departments and regions

Excellent business and commercial judgement, analytical and decision-making skills

Ability to work independently and be self-motivated in a fast-paced, often ambiguous, and rapidly changing environment

You should possess strong communication and interpersonal skills, with problem-solving skill. Intellectual curiosity, strong professional judgment, work independently and have initiative mindset.

Company Reg No.: 201131609D I Licence No.R1544539

ABOUT COMPANY
Singapore
34 Employees HR & Recruitment

Big enough to find the best.

Small enough to really know them.

It’s easy to get pompous about what we do. To name drop our global clients or wax lyrical about ‘pioneering psychometric testing’. But if you’re not careful, you lose sight of what’s really important; relationships and people.

Without relationships, you don’t truly understand the client, their business culture and who they really need. You miss the nuances of each candidate, the human behind the CV and what makes them tick. And the ‘right fit’ slowly starts to blister.

Since 1999, LMA has supplied great candidates to blue-chip businesses in London and Singapore. We draw on in-depth market intelligence and use industry-leading tools to search, screen and select. We have specialist consultants and a global network. And we’re professional beyond measure. 

But we never lose sight of what matters; how important the right people are to businesses, and the right careers are to people.

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