Manager, IFRS Financial Reporting

Great Eastern Life; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading company in the insurance industry is seeking a Manager for IFRS Financial Reporting. You will play a crucial role in supporting the transition to IFRS17 and optimizing financial processes. The ideal candidate will have a background in Accountancy or Computer Science, along with strong analytical skills and experience in the insurance sector, helping to drive improvements and automation within the team.

Qualifications

• 3 to 6 years of relevant working experience.
• Good knowledge of local/IFRS reporting standards.
• Strong analytical and numerical skills.

Responsibilities

• Prepare P&L and B&S for management reporting.
• Analyze existing financial processes for improvements.
• Develop and implement financial automation processes.

Skills

Analytical skills

Communication

Problem solving

Teamwork

Education

Degree or Diploma in Accountancy

Professional qualifications

Tools

Microsoft Office

Python

Java

Financial software

Job description

Job Number:

Manager, IFRS Financial Reporting (

Job Number:

240000MU )

Job Purpose

To be part of the dynamic IFRS17 cross-disciplinary reporting team where you will support and participate in transition to IFRS17 BAU activities and on-going Group Finance projects. You will report to the IFRS 17 Finance lead and support the business as usual closing under the new IFRS 17 standard, to analyze and optimize IFRS17 financial processes, as well as to develop and implement automated solutions.

The Job

• Leverage on tools to extract data from primary and secondary sources to support IFRS 17 financial closings, reporting and reconciliations.

• Perform and support the preparation of P&L and B&S for management reporting including explanation and attend to queries from Stakeholders

• Work alongside stakeholders in preparing the Analysis of Change– Gross and Reinsurance

• Perform and support the preparation of Group reporting pack preparation for IFRS17 related forms

• Perform and support the preparation of IFRS17 disclosure report for financial statement

• Involve in the monthly closing process for insurance/takaful entities in Malaysia and audit related work

• Involve in the analysis of business results and outputs from the IFRS 17 reporting systems

• Develop and implement financial automation processes to improve efficiency and reduce manual tasks.

• Analyze existing financial processes to identify areas for improvement and optimization, and create solutions to address those inefficiencies.

• Continuously evaluate and refine automated systems and processes to ensure maximum efficiency, cost-effectiveness, and reliability.

Our Requirements

· Degree or Diploma in Accountancy, Computer Science or equivalent professional qualifications.

· 3 to 6 years of relevant working experience.

· Good knowledge of local/IFRS reporting standards and experience in the insurance/takaful industry would be an advantage.

· A good problem solver and have excellent communication skills.

· Able to work independently and under pressure to meet project timelines.

· Self-motivated and committed to drive the team towards achieving results

· Strong analytical and numerical skills, meticulous and detailed

· Strong team player with good communication skills

· Proficient in Microsoft Office

· Familiarity with programming languages, such as Python or Java, and financial software

· High level of integrity, takes accountability of work and good attitude over teamwork.

· Takes initiative to improve current state of things and adaptable to embrace new changes.

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsoli cited resumes.