Financial Controller

Coralisle Group; George Town; On-site; MYR 560,000 - 682,000; Full time

Benefits offered by this job

Pension

Medical

Group life

AD&D

LTD Coverage

Paid vacation and sick leave

Job summary

British Caymanian Insurance Company Limited, a Coralisle Group affiliate, seeks an experienced Financial Controller to lead the finance function for BCIC and related entities in Grand Cayman. You will prepare and present financial reports to senior management and the Board, oversee audits, ensure regulatory reporting compliance, and drive internal controls.

You will manage budgeting, accounts, reinsurance, and staff, with responsibility across group projects and system upgrades.

Qualifications

• Degree in accounting or related field with professional qualification (CA/CPA/ACCA).
• Minimum 10 years post-qualification experience, with 5+ in insurance.
• Strong IFRS 17 knowledge and regulatory reporting expertise.
• Proven ability to lead finance teams and manage multiple priorities.

Responsibilities

• Lead and oversee the finance and accounting functions for BCIC and related entities.
• Prepare, analyse and present financial reports to senior management and Board.
• Manage annual external audits and coordinate with auditors.
• Oversee internal audits and regulatory reporting compliance.
• Maintain internal controls and drive process improvements.
• Develop annual budgets and monitor performance vs. plan.
• Oversee accounts receivable/payable and reinsurance functions.
• Lead finance team, provide training and develop talent.
• Participate in group projects and system upgrades.

Skills

Strategic leadership

Regulatory reporting

IFRS 17 experience

Analytical thinking

Stakeholder communication

Project management

Team supervision

Education

Bachelor’s in Accounting/related field

CA/CPA/ACCA qualification

Tools

Sage Intacct

Workiva

Power BI

Microsoft Excel

Job description

About Us

A leading regional player in the retail insurance sector, British Caymanian Insurance Company Limited is a subsidiary of Coralisle Group Ltd, with more than 700 employees and offices in Bermuda and 20 other Caribbean countries, we offer a complete range of premier financial and insurance services to our individual and corporate clients. We know that our products make a real difference to our clients and their families.

The Role

As the Financial Controller your role will include:

• Lead and oversee the finance and accounting functions of British Caymanian Insurance Company Limited and its related companies.
• Preparing, analysing and presenting financial reports to senior management, the Audit Committee and the Board of Directors. This includes preparing monthly, quarterly and annual financial statements and ensuring that all supporting reconciliations are completed accurately, reviewed appropriately and delivered on time.
• Manage the annual external audit process from planning through completion, coordinating with external auditors and internal stakeholders to ensure all required information is provided and the audit is completed accurately and on time.
• Oversee internal financial audits and ensure that all findings and recommended corrective actions are addressed promptly.
• Ensure compliance with all regulatory reporting requirements, including the timely preparation and submission of regulatory returns, and will be accountable for all finance related aspects of regulatory audits.
• Maintain a strong internal control environment, regularly review processes to improve efficiency and strengthen controls, identify issues and oversee corrective actions.
• Assist with preparing the annual business plan, develop annual budgets and monitor actual results against budget.
• Have oversight and accountability for accounts receivable, accounts payable and reinsurance functions.
• Be able to work independently, perform with high levels of accuracy, transparency, ownership and accountability.
• Participate and undertake projects and other duties as assigned across the Coralisle Group of companies, including system upgrades, testing, assessments and providing recommendations.
• As leader of the Finance department, you will review the work of team members, provide training, establish goals and objectives, and monitor performance.

The Person

To be the ideal candidate, you must have the following:

• Bachelor’s degree in Accounting, Business or a related field, together with a recognised professional accounting qualification such as CA, CPA or ACCA.
• You will have at least 10 years of experience post qualification.
• A minimum of five years within the insurance industry and practical experience with IFRS 17 would be preferred.
• Be highly organised and capable of managing multiple projects and competing deadlines in a fast paced, high volume environment.
• Strong proficiency in Microsoft Office is required, along with demonstrated experience supervising staff and building effective relationships with clients and other stakeholders.
• Possess excellent analytical, problem solving, communication and organisational skills.
• Willing to work extended hours and travel occasionally when required.
• Experience with Sage Intacct, Workiva and Power BI would be a strong asset.

The Benefits

We also offer an attractive benefits package, including pension, medical, group life, AD&D and LTD Coverage, paid vacation and sick leave.

Salary Range

The salary range is CI$115,000-$140,000 per annum depending on experience and qualifications.

Location

Grand Cayman

WORC Job ID

A3V2Q3