Job summary:

• Support the AVP for Finance in the overall management of Financial Assets and liabilities of Generali Philippines.
• Responsible for the implementation of IFRS 17
• Perform other tasks that the superior/s may assign from time to time

Duties and Responsibilities:

IFRS 17:

• Initially to work within the program team delivering IFRS17 into the business, be responsible for managing the team which will own the IFRS17 process and accounting within Finance’s Reporting team structure.
• Supporting Application of the Standard activities such as defining proformas for IFRS 17 compliant financial statements and disclosures
• Developing the chart of accounts, ledger postings and IFRS 17 disclosures
• Lead the Dry Run testing as the main stakeholder delivering comparative runs to our external auditors
• In BAU, work closely with the Financial Reporting Team to ensure the successful delivery of the annual and interim reports
• In BAU, work closely with the technical team to ensure continued compliance with IFRS 17 as and when technical changes arise

Financial Reporting, Budget & Planning:

• Manage and direct the preparation of expense budgets
• Monitor achievement of budget objectives through variance analysis and initiating corrective actions
• Prevent company losses by establishing, monitoring, and enforcing internal controls
• Participate in strategic initiatives and projects especially those that will require Finance or Accounting technical knowhow
• Maintain confidentiality of sensitive financial information

Qualifications:

• University graduate with a degree in Accountancy or Business courses major in accounting
• 3 years or more of experience in generalist accounting or finance
• 2 years on supervisory position
• Preferably with experience working in one of the Big 4 firms
• Preferably knowledgeable in insurance industry
• Certified Public Accountant
• Ability to assess, identify and record financial transactions in line with IFRS 17 principles, mastering new metrics such as CSM, Risk Adjustment & insurance margin
• Knowledge of accounting principles, recording of transactions, EOM / EOY expense accruals, amortizations, knows the chart of accounts, reinsurance accounting, etc).

Please refer to job description.