Office Account Manager
1 day ago
Job Duties and Responsibilities:
Financial and Accounting
- Supervise daily accounting activities
- Prepare and/or review financial statements and supporting documentation
- Ensure compliance with clients' financial reporting requirements and deadlines
- Research and apply IFRS and/or statutory insurance accounting and reporting methods
- Ensure compliance with internal and external accounting policies & procedures
- Coordinate actuarial study and ensure its completion
- Coordinate annual audit, review draft audited financial statements and ensure issuance of final report
- Perform special accounting projects as requested by client and/or account team (e.g. budgets, forecasts)
Regulatory
- Research and coordinate changes in business plan
- Prepare and/or review regulatory filings and ensure that they are filed by the appropriate deadlines
- Ensure on-going compliance with Labuan captive insurance regulations
Insurance
- Coordinate terms of coverage with client and/or brokers
- Issue insurance policies, certificates of insurance and other insurance documentation
- Coordinate premium billing and collection
- Administer reinsurance programs
- Develop and monitor systems for claim reporting and reserving
Other
- Keep current with industry and parent company developments
- Coordinate and participate in the board of directors' meeting and other client meetings (may involve travel)
- Implement insurance programs and accounting systems for newly formed captive insurance companies as well as for existing companies previously managed by other firms
- Negotiate management fees; monitor and manage account profitability
- Act as primary liaison with other service providers
- Monitor team and client activities to prevent and detect problems
- Maintain client and office databases
- Perform special job-related projects as requested.
Qualification Standards:
- Bachelors degree in accounting, Bachelors degree in a non-accounting program plus relevant accounting experience. Diploma in Accountancy with five years of accounting/finance experience
- Self-motivated & Drives for results
- Maintains client focus & coordinate client services
- Demonstrates industry expertise
- Leads complex transactions
- Manages talent & leads people
- Demonstrates learning agility, be able to prioritize and multitask
- Partners across the firm
- Improves business processes
- Fosters new initiatives
- Strong verbal and written communication skills in English
- Proficiency in Microsoft Office (Word, Excel & Power Point)
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