Financial Controller - Insurance

Financial Controller - Insurance

The GraceKennedy Financial Group seeks to identify an individual looking for an excellent opportunity to progress his/her career; and who possesses the vision and energy to help drive dynamic changes across the group, in the following capacity: - 

FINANCIAL CONTROLLER - INSURANCE 

Key Responsibilities 

• Provide timely and accurate financial reports to comply with legal and regulatory  obligations as well as internal management and Board requirements. 

• Coordinate the development of financial plans by directing the preparation of high-level  budgets and forecasts for the segment. 

• Develop and implement accounting policies and procedures that are consistent and  compliant with International Financial reporting Standards. 

• Develop and manage the financial control system by ensuring expenses are authentic;  monitoring variance reports and ensuring control procedures are in place for  Reconciliations and Receivables management. 

• Provide guidance and recommendations on the most appropriate Asset/Liability  Management (ALM) structuring of the Insurance Companies Balance Sheets. 

• Represent the Finance function at Board and Committee meetings (both internal and  external committees) and financial forums; liaise with the Financial Services  Commission and other government agencies on legal and financial issues. 

• Contribute to the performance and development of subordinate staff by providing strong  leadership to motivate both individual and team excellence. 

• Provide guidance and recommendations on the most appropriate Asset/Liability  Management (ALM) structuring of the Insurance Companies Balance Sheets

Minimum Qualifications, Experience & Competencies 

• A Graduate degree in Finance or Accounting and an Accounting designation (ACCA/CPA)

• At least 10 years work experience at a senior level in the insurance industry 

• Sound technical knowledge of Insurance Companies policies, operations, organization,  accounting procedures and financial reporting systems; 

• Strong knowledge of IFRS 17and its application; 

• An excellent understanding of the local economic, political, social, investment and  business environment; 

• Strong organizational skills and managerial abilities to direct and co-ordinate staff  workloads, to prioritize tasks and to elicit a high level of productivity from staff to meet  objectives which often include tight time frames; 

• Strong written and verbal presentation skills, including the ability to express findings  concisely while retaining accuracy and clarity; 

• Strong analytical, forecasting and modeling skills, as well as strong interpersonal skills,  professional judgment and tact in dealing with contacts inside and outside the financial  areas of the bank; 

• The ability to develop and maintain effective working relationships with senior officers  within the GraceKennedy Group of Companies, The Financial Services Commission,  Banks, Actuaries and Auditors 

• Ability to maintain a broad perspective of the long-term objectives of the Group.