Manager, Finance Reporting
5 months ago
Manager, Finance Reporting
**Job Summary**:
- Manage the reporting requirements of Great Eastern Takaful Berhad ("GETB") and i-Great Holdings Sdn Bhd ("IGCH").
- Ensure accounting and recording are up-to-date and in compliance with relevant accounting standards and regulatory guidelines, including MFRS 17.
- Ensure accurate and timely reporting in compliance with reporting deadlines.
- Ensure full compliance with Malaysian Financial Reporting Standards ("MFRS") and other relevant rules and regulations.
- Ensure financial data are accurately and timely reported, including analysis.
- Ensure all reconciliations are performed in a timely manner.
- Ensure GETB's and IGCH's general ledgers are properly maintained and closing processes are smooth and timely.
- Manage all reporting requirements, including management reporting, Board and Board Committee reporting, statutory reporting, Bank Negara Malaysia reporting (e.g., TOSS, Bancatakaful statistical reports), Group reporting, and other ad hoc reporting.
- Liaise with internal auditors, external auditors, tax agents, regulators, company secretary, business associates, and outsourced service providers to provide accurate information and records as requested.
- Participate in projects and discussions that require finance reporting's involvement, particularly for MFRS 17.
- Regularly review, develop, and update Finance Reporting Policies and Guidelines.
- Prepare GETB's Financial Statements ("FS") and related publication and submission requirements.
- Prepare Board and Board Committee papers as needed for special projects and policies.
- Be fully involved in monthly and financial year-end closing to ensure the 5th calendar day closing deadline or any other deadlines stipulated by Group, BNM, etc., for both GETB and IGCH.
- Review and approve reconciliations for daily IL NAV/price.
- Review engagement letters and prepare papers and assessments for the appointment of external auditors and their annual fees for GETB and IGCH.
- Review reports prepared by subordinates.
- Develop reports and financial statements in TM1, Excel, or any other systems for IFRS 17 and relevant accounting standards.
- Assist management in explaining IFRS-generated numbers and reviewing reconciliation of IFRS 17 and IFRS 4 numbers.
- Assist in preparing and uploading annual budgets in OFIN.
- Manage team members and provide guidance, coaching, and a platform for their career advancement and development.
**Job Specification**:
- Degree in any discipline or professional qualification in a related field.
- Compulsory to have a Finance, Accounting, or Actuarial background.
- Minimum 5 years of relevant working experience in a similar capacity with a takaful operator and involvement in the implementation of MFRS 17.
- Strong business acumen and sense of urgency.
- Team player, people-oriented and customer-focused.
- Strong communication skills, both written and spoken.
- Strong presentation and negotiation skills.
- Strong analytical and problem-solving skills.
- IT literate and well-versed in Microsoft Office.
- Good coordination skills.
- Able to work under pressure and deliver within tight timelines.
- Independent and able to work with mínimal guidance.
- Results driven.
- Market and industry knowledge.
- MFRS 9 and 17 accounting standards.
- Knowledge of regulations governing the takaful funds.
- Internal controls and auditing.
- Technical knowledge in Takaful.
- Conceptually sound and possesses good functional management skills.
- Well-versed in the Islamic Financial Services Act 2013, Companies Act, and Shariah knowledge.
Job ID 240000NR
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