Financial Controller Asia Pac

MS Amlin Ltd; Singapore; Hybrid; USD 80,000 - 120,000; Full time

Job summary

An established industry player seeks a Financial Controller for the Asia Pacific region. This pivotal role involves managing financial operations, ensuring compliance with regulatory standards, and driving strategic financial planning. You'll collaborate with various teams to deliver accurate financial reporting and support decision-making processes. The ideal candidate will possess strong leadership skills, extensive financial management experience, and a commitment to ethical practices. Join a supportive team that values diversity and offers a hybrid working environment, continuous learning opportunities, and a focus on employee wellbeing.

Benefits

Hybrid Working Environment

Flexible Working

Wellbeing and Mental Health Support

Employer-Supported Volunteering

Continuous Learning and Study Support

Structured Career Development

Qualifications

• Significant experience in financial management within insurance or financial services.
• Extensive knowledge of accounting principles and regulatory requirements.

Responsibilities

• Oversee preparation and delivery of financial reports and ensure compliance.
• Supervise and mentor the finance team, fostering a high-performance culture.

Skills

Financial Management

Financial Reporting

Budgeting

Forecasting

Analytical Skills

Leadership

Communication Skills

Education

ACA, ACCA, CIMA or equivalent

Tools

Oracle Ledger

Microsoft Excel

Job description

Role: Financial Controller Asia Pac

Location: Singapore

Position type: Full time, permanent

The Financial Controller Asia Pac is responsible for overseeing the financial operations of MS Amlin Underwriting Limited (MSAUL) Asia Pac - this includes business booked in the Syndicate 2001 and will cover the Australia Branch. This role is essential for maintaining accurate financial reporting, managing internal controls, ensuring compliance with regulatory requirements, and supporting financial decision-making processes. With a direct reporting line to the CEO Asia Pac and a matrix report line to the MSAUL Finance Controller and supporting the MSAUL Chief Financial Officer the Financial Controller Asia Pac plays a key role in driving the financial strategy and operations while ensuring effective financial control, risk management and operational efficiency. This role has accountability for the accuracy and completeness of the financial results of the Asia Pac region as well as the management company, both in the ledger, and as part of the reporting outcomes. In addition, understanding the underlying business activity and performance that has resulted in the final results will be a key responsibility of this role. This will require close collaboration with the London Head office Finance and Actuarial teams as well as the FP&A and the Capital and Investment team. Effective collaboration with Underwriting and Claims as well as Operations and Amlin Business Services (ABS) IT will be a critical enabler for this role.

About The Job

While there is rarely a typical day, here's a snapshot of some of the key parts of the job:

Financial & Analysis:

• Oversee the preparation and timely delivery of monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements, and head office reporting.
• Ensure compliance with UK GAAP, IFRS17 and MAS reporting requirements
• Collaborate with the FP&A team to provide insightful financial analysis, including variance analysis, forecasting, and budgeting, to senior management and stakeholders.
• Collaborate with the actuarial and underwriting teams to assess and report on the financial performance of insurance policies and portfolios.
• Collaborate and ensure your team is effectively involved and engaged in the overall Transformation activities to help deliver the target operating model for Finance.
• Ensure the effective use of Oracle ledger for Singapore and Australia branch
• Effective management and oversight of our managed service providers as the accountable executive for the outcomes delivered by the MPS.

Financial Controls & Governance:

• Establish, maintain, and review robust internal controls over financial reporting and broader risk management.
• In collaboration with London Head Office lead the implementation and maintenance of financial policies, procedures, and best practices to ensure operational efficiency and minimize financial risk.
• Understand and ensure effective controls across other areas of the business (e.g. Underwriting and Claims, ABS IT) that support effective management of financial reporting risk.
• Oversee the relationship with our internal audit function and liaise with external auditors to facilitate year-end audits and ensure compliance with regulatory standards.

Team Management:

• Supervise and mentor the finance team, providing leadership, training, and development opportunities.
• Foster a collaborative, high-performance culture within the finance team.
• Ensure accurate allocation of resources and effective delegation of tasks within the finance department.

Strategic Financial Planning:

• Support the CEO Asia Pac in the development and execution of the company's financial strategy.
• Provide strategic insights and recommendations to senior management on financial performance, risk exposure, and opportunities for cost savings and growth.
• Prepare relevant Exco and Board reports that cover the Financial reporting outcomes of the Syndicate and management company
• Participate in Exco and board-level discussions, presenting financial data and recommendations to support decision-making.
• Remain alert to broader industry changes that would affect the way in which the Syndicate's or management company's accounting or business records are kept. Ensure senior management is aware of upcoming changes from Lloyds or broader industry impacts.

What you'll need:

Essential:

• ACA, ACCA, CIMA, or equivalent accounting qualification.
• Significant relevant experience in a financial management role, preferably within the insurance or financial services industry.
• Extensive knowledge of accounting principles, financial reporting, and regulatory requirements.
• Extensive experience managing overall ledger close cycles and supporting reporting deadlines
• Experience participating in senior executive discussions covering financial results, and fronting audit relationships
• Strong background in MAS reporting
• Experience with budgeting, forecasting, and financial analysis.
• Proven experience in managing and developing a finance team.
• Excellent financial and commercial acumen
• Strong analytical skills and attention to detail.
• Proficiency in financial software (e.g., Microsoft Excel, accounting systems, ERP).

Desirable:

• Experience working within a Lloyd's of London insurance environment.
• Knowledge of IFRS 17 and other insurance-specific accounting standards.
• Familiarity with insurance risk management and capital allocation principles.
• Good understanding of Solvency II and Lloyd's Syndicate requirements.

You're going to enjoy this job if you also:

Skills and Attributes:

• Excellent communication and interpersonal skills, with the ability to liaise with internal and external stakeholders at all levels.
• Strong leadership and management skills, with the ability to motivate and lead a team.
• Comfortable taking ownership of the ledger and the overall financial results
• Exceptional organizational skills and ability to manage multiple priorities under pressure.
• Strategic thinker with the ability to adapt to a changing regulatory and business environment.
• High levels of integrity and a strong commitment to ethical practices.

Working Conditions:

• Full-time office-based role (with occasional travel to regulatory bodies or other company locations if necessary).
• Occasional work outside of standard business hours may be required, particularly during audit periods or financial quarter and year-ends.

What you can expect from us:

A competitive salary and benefits package is a given, but you can also expect:

• A great team and supportive colleagues
• Hybrid Working environment
• Flexible Working
• A strong focus on diversity, inclusion and equal opportunities
• A programme of wellbeing and mental health support
• Employer-supported volunteering (ESV)
• Continuous learning and study support
• Structured career development
• An open mind (especially to new ideas and ways of doing things)

About Ms Amlin

MS Amlin is part of a global top-10 insurance group, MS&AD. We're made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.

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