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Assistant Manager, Finance (FAR)

Employer
QBE Insurance Group Limited
Location
Mongkok, Hong Kong
Salary
Competitive
Closing date
Jul 13, 2024

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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Primary Details
Time Type: Full time

Worker Type: Contingent Worker

The purpose of this role is to assist in the timely and accurate delivery of the accounting close, statutory and regulatory financial reporting requirements and delivery of transformation initiatives. This role is a key member of the Financial Accounting and Reporting team and will partner with key stakeholders including the GSSC (Group Shared Service Centre), FP&A and Actuarial teams to deliver key accountabilities.

Key Accountabilities:

  • One Asia FAR team: partner with the Asia and International Finance teams driving knowledge sharing, best practices and standardisation to ensure high quality service with consistent and timely delivery. This includes consolidate the monthly, quarterly and annual financial closing from various countries before submitting to International, review of management and statutory financial performance, review of Asia balance sheet commentaries, intercompany mismatch checking, intercompany recharge and cash settlements of inter-company balances, review/ prepare journals, review of balance sheet reconciliations

  • Statutory reporting: assist with the co-ordination of the statutory audit, preparing the annual financial statements, taking responsibility and ownership, ensuring adherence to the timetable and work plan, resulting in high quality deliverables.

  • Tax reporting: assist with the co-ordination of the tax submission for Regional entities, taking responsibility and ownership, ensuring adherence to the timetable and work plan, resulting in high quality deliverables.

  • Support on Finance Modernization/Improvement Initiative: actively engage with key partner and stakeholders in identifying and leveraging opportunities and harmonization aligned with Asia, Divisional and Group initiatives, exploring efficiency opportunities and enhancements to further mitigate inefficient processes and controls.

  • Support internal control: support the implementation of group financial control policy & procedures and, where relevant, customization to local requirements. Responsible for ensuring the maintenance of an adequate control framework within the Asia entities and compliance with QBE standards, including identifying areas for improvement and attestation of legal entity balances.

  • Visible and Active Team Member: Act as an example in the team - control and process excellence mind-set. Be an active participant within the team driving strong collaboration and relationships within the team (including onshore and offshore) and other key stakeholders

Policy, Process and Procedures
  • Aware of Finance strategy and contribute towards plans, initiatives, policies, and procedures
  • Contribute to the stand-up of the financial control processes and capabilities in the Asia entities.
  • Ensure accuracy and timeliness of reporting.
  • Comply with AIFRS and statutory reporting standards
  • Partner with the stakeholders to deliver consistent and efficient process
  • Continued development of robust controls to ensure Regional and Asia compliance with;

i) Group and International Management Reporting

ii) Finance Management Attestations

iii) Risk Control Self-Assessments

iv) Specific - Reconciliations / Segregation of Duties / Automation and Robotics

v) ICF (Internal Control Framework) gaps and weakness are highlighted and identified.

Environmental Awareness/Customer Focus
  • Work with GSSC as an extended team to deliver effective close and reporting
  • Build and maintain strong relationships with key stakeholders including internal senior management to ensure delivery meets customer expectations
  • Be an example to the rest of Finance as a person with a strong process excellence and customer led mind-set to encourage behaviour through Finance
  • Risk issues, control weaknesses and compliance breaches are self-raised and communicated in a timely manner

Technical Performance
  • Accurate and timely financial accounting in accordance with internal procedures and statutory requirements to ensure compliance with legal, regulatory, codes of conduct and best practice guidelines
  • Support the coordination of the statutory audit and tax reporting
  • Deepen expertise and knowledge of Insurance activity and related processes

People Management
  • Actively engage in personal and professional development
  • Providing instruction and direction to our GSSC team and building a strong and engaging relationship

Qualification:
  • Qualified accountant
  • 5+ years of accounting or finance experience, preferably with significant experience with non-life insurance company
  • Proven experience of consistent and constructive people management capabilities
  • Proven experience in taking active accountability for own workload
  • Excellent knowledge of relevant current statutory, legal and regulatory accounting requirements
  • In depth understanding of best practice accounting (HKFRS)
  • Excellent Knowledge of relevant accounting software and tools
  • Relevant accountancy/business degree
  • HKICPA qualified or near qualified
  • Good communication skill in Cantonese and English
  • Sound team player and strong in building relationship with multiple stakeholders across different locations
  • 5+ years of general insurance experience with a strong focus on the technical and specialist accountabilities listed above

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

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