Financial Controller (Life Insurance)

Generali Life Insurance Malaysia Berhad; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading insurance provider in Kuala Lumpur seeks a finance professional to oversee financial activities, ensure compliance with reporting standards, and manage a finance team. Applicants should have over 15 years of experience in finance within the insurance industry and strong analytical skills. This role requires leadership in finance operations and the ability to devise strategic plans that facilitate business decisions.

Qualifications

• Preferably a degree in a relevant discipline; professional certifications such as ACCA or MIA are desirable.
• 15+ years in finance accounting & reporting within the insurance industry.
• Sound knowledge of insurance accounting, operations and reporting requirements.

Responsibilities

• Ensure local financial reporting adheres to local accounting standards.
• Oversee day‑to‑day accounting functions and manage financial reporting.
• Compile and analyze robust strategic plans for the regional office.
• Manage career development and performance assessment of direct reports.

Skills

Analytical and numerical skills

Leadership and motivational skills

Team building and collaboration skills

Business acumen with problem‑solving skills

Education

Degree in a relevant discipline

Professional certifications such as ACCA or MIA

Job description

Responsible for the overall finance activities to deliver timely, accurate and reliable financial information to Senior Management, to enable them to make more effective business decisions for the Company and for compliance with regulatory requirements. In this process the role ensures effective financial controls, optimal operational efficiency and facilitates effective financial risk management.

Responsibilities

• Finance Reporting: Ensure local financial reporting adheres to local accounting standards and guidelines. Oversee and manage monthly, quarterly and annual regulatory reporting for BNM, PIDM, LHDN & RCMD, as well as regional reporting for Generali. Manage the statutory annual audit and other independent/regulatory reviews, ensuring all necessary support from stakeholders.
• Finance Activities: Oversee day‑to‑day accounting functions, integrate finance operations, forecast and budget management expenses, handle tax matters, prepare financial reports and safeguard company assets. Review, improve and tighten internal controls, resolve issues raised and champion best practices to enhance productivity and quality across finance and accounting operations.
• Strategic Planning: Compile, analyze and submit robust strategic plans to the regional office within prescribed timelines. Assist in preparing and reviewing budgets for management approval, update budget assumptions, highlight potential challenges and communicate to local management. Use the plan as a tracking tool to guide day‑to‑day decisions and evaluate progress.
• Managerial Responsibilities: Manage career development, performance assessment and development of direct reports. Motivate the team to achieve desired productivity and standards, foster a results‑oriented environment and make finance a great place to work. Prepare, maintain and monitor the finance budget.

Requirements

• Education: Preferably a degree in a relevant discipline; professional certifications such as ACCA or MIA and relevant technical qualifications are desirable.
• Experience: 15+ years in finance accounting & reporting within the insurance industry, with sound knowledge of insurance accounting, operations and reporting requirements.
• Skills:
  • Analytical and numerical skills
  • Leadership and motivational skills
  • Team building and collaboration skills
  • Business acumen with problem‑solving skills

Application Questions

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• How many years' experience do you have as a financial controller?
• How many years' experience do you have in the insurance industry?

Generali is one of the largest global insurance and asset management providers. With over 190 years of insurance experience, we now serve 67 million customers in more than 50 countries worldwide. We are one of the largest general insurers in Malaysia, with close to 2 million customers, and we aim to be a trusted lifetime partner and enable people to shape a safer and more sustainable future.