Financial Planning

Sompo Holdings (Asia) Pte. Ltd. ("Sompo Asia"), is the regional headquarters for our Asia Pacific entities, except Japan, and is part of Sompo International Holdings Ltd.. Collectively, the companies are under the global extension of the Sompo Holdings, Inc. ("Sompo Group") headquartered in Tokyo, Japan. With more than 70 years of trusted presence in Asia, our business spreads across 14 markets with over 4,500 employees in the region.

As a leading non-life insurance company globally, we have forged strategic partnerships to access a wider network of resources and distribution to provide the best solutions for our customers, while keeping up with the evolving trends of digitalization and innovation. The Sompo Group strives to contribute to the security, health and wellbeing of our stakeholders, customers, and society by providing more than just insurance.

The Group operates its overseas business in 28 countries and regions worldwide, including the Americas, Europe, Middle East, Africa, Asia, and Oceania. Sompo Group maintains excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor's on its principal operating subsidiaries.

Your Role

Your goal is to increase Sompo's corporate value through in-depth financial analysis for strategy building and management decision and take strong initiative to enhance and simplify the financial analysis and business planning process for the region.

You will report to the Head of Financial Planning & Analysis, Accounts & Finance and work closely with local Accounts & Finance teams in the group companies across the Asia region.

What This Role offers

The role gives you exposure to business decision making and growth strategy using analytics and data. You will see a variety perspective, whether it is distribution channel, portfolio mix, short term vs long term, costs vs benefits, through the lens of a CEO, CFO, and so forth.

We will grow with you, by offering a competitive remuneration package and all the necessary support for your personal and professional career development.

Key Job Responsibilities

Financial Analysis

• Conduct in-depth financial analysis to support the management in the region to make strategic decisions for achieving the target.
• Collaborate Across Geographies: Partner with local (about 10 markets), APAC regional team, and global teams to analyze financial performance, identify trends, and align strategies with organizational goals, ensuring consistent financial insights across all levels.
• Deliver Actionable Insights: Provide in-depth financial analysis to business leaders, enabling data-driven decision-making and identifying opportunities for revenue growth, cost optimization, and efficiency improvements.
• Support Strategic Initiatives: Work closely with business units to evaluate financial impact and feasibility of strategic projects, ensuring alignment with global objectives while addressing local and regional market nuances.
• Enhance Cross-Functional Collaboration: Foster strong relationships with key stakeholders across finance, operations, and other departments to integrate financial analysis into broader business strategies and drive impactful outcomes.

Financial Planning

• Strategic Planning Across Geographies: Coordinate with local, regional, and global teams to develop comprehensive financial plans that align with organizational goals and address unique market dynamics.
• Business Partnership: Collaborate with business leaders across functions and geographies to provide financial guidance and align resource allocation with strategic priorities, ensuring sustainable growth.
• Integrated Planning and Forecasting: Develop robust forecasting models and budget plans that incorporate regional and global inputs, delivering actionable insights to support long-term business strategies.
• Cross-Functional Alignment: Drive collaboration across finance, operations, and other departments to ensure financial plans are integrated into the broader organizational strategy and support key business objectives.

Financial Transformation/Data Management

• Lead Financial Transformation Initiatives: Drive the implementation of advanced financial systems, tools, and processes to enhance forecasting, reporting, and decision-making capabilities across the organization. Collaborate with cross-functional teams to ensure alignment with business objectives.
• Data Management: Develop and maintain robust data management strategies to ensure data accuracy, consistency, and accessibility.
• Process Optimization and Automation: Identify opportunities to streamline and automate FP&A processes, including budgeting, forecasting, and reporting, using technology solutions and best practices to improve efficiency and reduce manual effort.

Education Level and/or Relevant Experience

• BSc/BA in Accounting, Finance or relevant field; MSc/MBA is a plus.
• CPA is an advantage.
• Actuarial credential is an advantage.
• Anaplan experience is a strong advantage.
• Data management/integration experience is a strong advantage
• Five to ten years of working experience in accounting (group consolidation), finance (finance transformation, reporting etc), corporate planning, business performance monitoring. Experience in data/system integration or financial model building would also be considered.

Knowledge and Skills Required

• Advanced Financial Acumen: Proficiency in financial planning, budgeting, forecasting, and analysis, with a strong understanding of accounting principles and financial modeling.
• Strong Analytical and Critical Thinking Skills: Ability to assess complex financial data and financial model.
• Logical Problem-Solving: Apply structured and logical reasoning to address challenges, evaluate scenarios, and propose innovative solutions to financial modelling and data challenges.
• Effective Communication and Collaboration: Demonstrated ability to communicate financial insights clearly and collaborate with cross-functional teams across local, regional, and global levels.
• Technological Proficiency: Expertise in financial systems (SAP, SUN), financial modelling tool (Anaplan), and advanced Excel functions to streamline processes and enhance decision-making capabilities.
• Quick Learner with Adaptability: Ability to rapidly understand new concepts, systems, and processes, and apply knowledge effectively in a dynamic business environment.
• Motivation to Learn and Grow: A proactive approach to acquiring new skills, staying updated with industry trends, and continuously improving expertise in financial planning and analysis.