Financial Controller - Insurance Segment

Financial Controller - Insurance Segment

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 capacity of:- 

FINANCIAL CONTROLLER – INSURANCE SEGMENT 

The Financial Controller, Insurance Segment is responsible for providing oversight of the Finance Function for the General Insurance companies in the GKFG’s Insurance Segment: 

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 the Insurance Segment 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 Insurance Segment’s 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 for the Insurance Segment 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 affecting the Insurance Segment 
• 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 

• 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 
• Effective leadership skills and the ability to coach, mentor and motivate teams 
• Good time management and the ability to organize, prioritize and meet deadlines 
• Advanced knowledge and proven ability in the use of financial software applications
• Ability to think creatively and strategically 
• Working knowledge of computing and communications technology applications 
• Well-developed public speaking and presentation skills
• Proficiency in Microsoft Office Suite [EXCEL, Word, PowerPoint etc.]