Manager/ Senior Manager (Financial Reporting), Finance

HYPERSCAL SOLUTIONS PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading insurance firm in Singapore is seeking an experienced finance professional to oversee financial reporting and lead a team. This role requires a degree in Accounting or Finance, with a preference for Chartered Accountants. Candidates should have at least 6-8 years of experience in financial reporting, particularly within the insurance sector, alongside strong communication and leadership skills.

Qualifications

• Minimum 6-8 years of relevant experience in financial reporting, ideally within the insurance sector.
• Strong working knowledge of MAS regulatory requirements and IFRS 17.
• Experience in leading finance teams and managing complex projects.

Responsibilities

• Oversee preparation of statutory and regulatory reports.
• Lead and mentor a team of finance professionals.
• Act as a key finance contact for auditors and regulators.

Skills

Strong technical accounting skills

Leadership

Communication

Stakeholder management

Proficiency in ERP systems

Analytical mindset

Education

Degree in Accounting, Finance, or related discipline

Chartered Accountant (CA) / CPA preferred

Tools

SAP

Oracle

Job description

Company Description

A leading general insurer with a local presence of over 100 years, MSIG Singapore offers an extensive range of insurance solutions for commercial and personal risk protection, enabling the security and safety of individuals and businesses. MSIG Singapore holds an A+/Stable financial rating by Standard & Poor\'s.

A testament to its growing strength and influence, MSIG Singapore has garnered numerous awards for delivering digitally innovative and customer-centric solutions. In 2023, 2022 and 2020, MSIG Singapore was awarded Insurance Asia Awards\' Claims Initiative of the Year.

MSIG is a subsidiary of Mitsui Sumitomo Insurance Co., Ltd, and a member of the MS&AD Insurance Group - one of the largest general insurance groups in the world with presence in 50 countries and regions globally, 18 of which are in Asia Pacific including all ASEAN markets as well as in Australia, New Zealand, China, Hong Kong, Taiwan, South Korea and India. Headquartered in Japan, MS&AD is amongst the top non-life insurance groups in the world based on gross revenue.

Responsibilities

Financial Reporting

• Oversee timely and accurate preparation of statutory and regulatory reports in compliance with MAS and IFRS 17 standards.
• Manage month-end, quarter-end, and year-end close processes including external audit support.
• Ensure compliance with local regulatory requirements and assist in liaising with external auditors, MAS, and other relevant authorities.
• Monitor changes in MAS regulations and guidelines, and lead implementation of reporting changes accordingly.

Leadership & Team Management

• Lead and mentor a team of finance professionals; foster a high-performance culture.
• Collaborate cross-functionally with actuarial, risk, compliance, and business units.
• Support the CFO in strategic projects, including automation, transformation, and system enhancements.

Stakeholder Engagement

• Act as a key finance contact for auditors, regulators, and senior management.
• Provide financial analysis and insights to support decision-making and business strategy.

Qualifications

• Degree in Accounting, Finance, or related discipline.
• Chartered Accountant (CA) / CPA or equivalent professional certification preferred.

Other Information

Experience:

• Minimum 6-8 years of relevant experience in financial reporting, ideally within the insurance sector.
• Strong working knowledge of MAS regulatory requirements and IFRS 17.
• Experience in leading finance teams and managing complex projects.
• Excellent written and verbal communication skills
• Excellent spreadsheet skills and presentation slides
• Commercial understanding of the insurance business

Skills:

• Strong technical accounting skills, especially in insurance accounting standards.
• Strong leadership, communication, and stakeholder management capabilities.
• Proficiency in ERP systems and financial reporting tools (e.g., SAP, Oracle).
• Analytical mindset with attention to detail and a proactive approach to problem-solving.

Please note that your application will be sent to and reviewed by the direct employer - MSIG Insurance (Singapore) Pte Ltd