Assistant Manager Finance Insurance Industry

Build Well HR Solutions; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading company in the insurance industry is seeking an Assistant Manager Finance to assist in financial reporting and planning. The ideal candidate will have a strong background in finance, with experience in management reporting and IFRS 17 compliance. This role involves preparing financial reports, analyzing performance, and supporting budget processes. If you have a Bachelor's degree in Finance and relevant qualifications, this is an excellent opportunity to advance your career in a dynamic environment.

Qualifications

• Minimum of 3-6 years of experience in insurance or financial services.
• Working knowledge of IFRS 17 and UAE insurance regulations.

Responsibilities

• Prepare and submit financial reports for UAE regulators.
• Support IFRS 17 implementation and reporting processes.
• Analyze management reports and contribute to financial planning.

Skills

Management Reporting

Financial Planning

Fluency in English

Education

Bachelor's degree in Finance

CA or ACCA qualification

Job description

Assistant Manager Finance - Insurance Industry

Job Location

Dubai, UAE

Job Details

1. Educational Qualifications: Bachelor's degree in Finance, Accounting, or a related field. Mandatory CA or ACCA qualification.
2. Experience: Minimum of 3-6 years of experience, ideally within the insurance or financial services industry.
3. Knowledge: Working knowledge of IFRS 17 and UAE insurance regulatory frameworks.
4. Skills: Strong foundation in management reporting, monthly closing, and financial planning.
5. Language Skills: Fluency in spoken and written English is essential.

Responsibilities

1. Assist in preparing and submitting accurate financial reports in line with the requirements of the UAE Insurance Authority, Central Bank of UAE, and other regulators.
2. Support the implementation and periodic reporting processes under IFRS 17, working closely with actuarial and audit teams to ensure accurate disclosures.
3. Prepare and analyze management reports, including budget vs. actual comparisons, variance analysis, and financial performance summaries for internal use.
4. Contribute to profitability assessments, forecasts, and long-term financial planning.
5. Assist in preparing budgets and reforecasts, supporting business strategy with analytical insights.
6. Support the month-end closing process by ensuring accurate recording of revenues, claims, expenses, and accruals in a timely manner.