Senior Manager, Finance Operations

An exciting Senior Manager, Finance Operations job has just become available at a reputable insurance firm based in Kuala Lumpur. This is a role for an individual who is looking for an exciting opportunity to be a part of the changing landscape in the insurance industry.

About the Senior Manager, Finance Operations Role:
In this business critical role, you will need to oversee the finance operations functions to ensure compliance with regulatory requirements and company policies while optimising effectiveness and efficiencies. Reporting directly to the Financial Controller, you will also be responsible for overseeing cash management, payments, investment operations, bank reconciliations and special projects with related controls over accounting and reporting for respective areas.

Key Responsibilities:

Payments

• Maintain effective internal controls over payments from requisition to disbursement to accounting and reporting
• Monitor performance of processing for completeness and accuracy
• Continuous improvement for productivity while safeguarding quality

Cash Management

• Oversee activities to ensure efficient utilisation of funds in bank accounts, without compromising operational requirements
• Continuous improvement to reduce reliance on manual processes with banks

Investment Operations

• Oversee activities to ensure accuracy and completeness of recording, accounting and reporting while ensuring compliance to regulatory requirements and company policies
• Provide advice and support for Investment initiatives and activities

Reconciliations

• Ensure consistent quality delivery of bank reconciliations within agreed timelines
• Continuously improve reconciliation approach and processes eliminating long outstanding reconciling items

Controls

• Ensure associated risks are considered and mitigated by implementing appropriate internal controls
• Advocate for finance in liaison with control functions
• Maintain relevant and effective SOPs (Standard Operating Procedures)

Special Projects

• Provide finance perspective in projects, with emphasis on accounting, reporting and controls required
• Manage integration to FWD Group for finance operations functions, policies, processes and related systems
• Support and assist in any other projects and activities as assigned

Others

• Manage delivery of regulatory and audit (internal and external) requests

Governance and Control

• Ensure day-to-day management of activities comply with regulatory requirements and company policies
• Ensure risks are considered and mitigated by implementing appropriate internal controls

Leadership and People Management

• Exhibit FWD values: Committed, Innovative, Proactive, Open, Caring
• Provide guidance, supervision and continuous development for team members
• Establish and maintain healthy working relationships with key stakeholders

Growth and Financials

• Analyse and work towards resolution of issues inhibiting growth and financial initiatives
• Contribute to operational efficiencies and effectiveness

To succeed in the Senior Manager, Finance Operations job, you will need to be responsible for overseeing cash management, payments, investment operations, bank reconciliations and special projects with related controls over accounting and reporting for respective areas.

Key Requirements:

• 8 - 10 years of relevant experience, including experience in the insurance industry
• Strong knowledge of AR, AR, bank reconciliation and investment operations
• Experience leading and managing a team of finance professionals, including hiring, training, and performance management
• Excellent analytical, problem-solving, and strategic thinking skills, with the ability to analyse complex financial data and provide actionable insights
• Strong communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels of the organisation

This organisation is an exciting addition to the Insurance industry. The firm is very focused on developing and training their people to the highest standards.

If you are driven, determined and want to take the next step in your career, this is the role for you. Great career progression opportunities await the right person in this Senior Manager, Finance Operations role.

Apply today or contact me at katrina.lim@robertwalters.com.my to discuss this new opportunity.