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Head of Financial Reporting - P&C Insurance

  • Location:

    White Plains

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Ryan Borchers

  • Contact email:

    Ryan.Borchers@oliverjames.com

  • Job ref:

    JOB-012023-191447_1706737239

  • Published:

    9 Monate her

  • Expiry date:

    2024-03-01

We are seeking a highly skilled and experienced Head of Reporting to join our P&C Insurance client. The ideal candidate will have a strong background in financial reporting, a deep understanding of insurance industry regulations, and a proven track record of leading teams to deliver accurate and timely financial reports.

  • Responsibilities:

    1. Financial Reporting: Oversee the preparation and submission of accurate and timely financial reports in compliance with regulatory requirements and accounting standards.

    2. Team Leadership: Lead and manage a team of reporting professionals, providing guidance, coaching, and support to ensure the team's effectiveness and development.

    3. Regulatory Compliance: Stay abreast of changes in accounting standards and regulatory requirements relevant to the insurance industry, ensuring the company's reporting practices remain compliant.

    4. Process Improvement: Identify opportunities to streamline and enhance the group reporting processes, implementing best practices to improve efficiency and accuracy.

    5. Stakeholder Communication: Collaborate with internal and external stakeholders, including senior management, auditors, and regulators, to provide insights into financial performance and ensure transparency in reporting.

    6. Financial Analysis: Conduct in-depth financial analysis to support decision-making processes and provide insights into the company's financial performance.

    7. Risk Management: Identify and mitigate risks related to financial reporting, ensuring the integrity and reliability of financial information.

    Qualifications:

    • Bachelor's degree in Accounting, Finance, or related field; Master's degree or CPA qualification preferred.
    • Extensive experience in financial reporting within the insurance industry, with a deep understanding of insurance accounting principles and regulations.
    • Proven leadership experience, with the ability to lead and develop a high-performing team.
    • Strong analytical skills and attention to detail, with the ability to interpret complex financial data and communicate insights effectively.
    • Excellent communication and interpersonal skills, with the ability to interact with stakeholders at all levels.
    • Advanced knowledge of financial reporting software and ERP systems.
    • Strong understanding of IFRS 17, GAAP, SAP and other relevant accounting standards.

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