Chief Accounting Officer

An exciting opportunity has arisen for a highly skilled and experienced Chief Accountant to join a leading reinsurance company.

This key leadership role will oversee all aspects of the accounting function, ensuring accurate and timely financial reporting, and maintaining the financial integrity of the organisation. The successful candidate will work closely with senior management, regulators, and auditors, providing strategic direction to ensure compliance with accounting standards and regulatory requirements while supporting the company's financial objectives.

• Key leadership role overseeing all aspects of the accounting function
• Work closely with senior management, regulators, and auditors
• Ensure compliance with accounting standards and regulatory requirements

What you'll do:

As a Chief Accountant, your role will be pivotal in driving the success of our client's business. You will be responsible for overseeing all aspects of their complex accounting function.

• Oversee the preparation of financial statements in accordance with IFRS 17, ICAF, or local accounting standards applicable to the reinsurance industry
• Monitor and implement new accounting pronouncements and ensure compliance with evolving accounting standards
• Ensure compliance with all regulatory requirements specific to the reinsurance industry
• Manage the day-to-day accounting operations, including general ledger, accounts payable, accounts receivable, and tax functions
• Lead the month-end, quarter-end and year-end closing processes, ensuring accuracy and timeliness
• Oversee the reconciliation of reinsurance contracts, including premium, claims, and reserve accounting
• Provide strategic leadership to the accounting department, setting goals and ensuring alignment with the overall business strategy
• Collaborate with other executives to provide financial insights and analysis that support decision-making and strategic planning
• Develop and mentor an accounting team of 8 persons, fostering a culture of high performance, accountability, and continuous improvement

What you bring:

As the ideal candidate for the Chief Accountant role, you bring a wealth of experience and knowledge to the table. Your educational background in Accounting or Finance, coupled with ACCA or relevant certifications, sets the foundation for your expertise. You have extensive experience in the reinsurance or insurance industry and a deep understanding of reinsurance accounting principles and regulatory requirements.

• Bachelor’s degree in Accounting, Finance, or a related field; ACCA or relevant certifications is highly advantageous
• Extensive experience in the reinsurance or insurance industry, with a strong understanding of reinsurance accounting principles and regulatory requirements
• Deep understanding of reinsurance accounting, including reserve setting, premium recognition, and claims management
• Strong knowledge of financial systems and proficiency in accounting software
• Exceptional leadership and team management skills
• Strong ability to lead and inspire the accounting team to achieve organizational goals
• In-depth knowledge of reinsurance accounting standards and regulatory requirements

What sets this company apart:

Our client is a leading reinsurance company registered under Labuan Financial Services Authority (LFSA). They are known for their commitment to maintaining the highest standards of integrity and professionalism in their relationships with their clients. They offer an inclusive work environment that fosters creativity, innovation, and growth. Their employees enjoy flexible working opportunities, generous pensions contributions, and numerous training opportunities.

What's next:

Don't miss this exciting opportunity to take your career to the next level!

Do note that we will only be in touch if your application is shortlisted.

Agensi Pekerjaan Robert Walters Sdn Bhd
Business Registration Number : 729828-T
Licence Number : JTKSM 423C