Specialist, Finance Reporting

Summary:

• To compile, prepare and consolidate monthly financial data into various types of reports in a timely manner and within the stipulated guidelines; in which it will be communicated to both internal and external parties.
• Responsible for the preparation and timely submission of monthly/quarterly/annually financial reporting package in accordance with MFRS and BNM guidelines/policy.
• Production and delivery of local management accounts & financial information for the local shareholders, local industries bodies (PIDM, LIAM & etc) and Bank Negara Malaysia.

Responsibilities:

1. Local Management Reporting

• Compile financial information in an efficient, timely, transparent and accurate manner to local shareholder, Affin Bank Berhad / Generali Malaysia Holding Berhad

• Monthly, quarterly and annual management accounts.

• Analysis of financial result and providing commentaries on variances.
• Compile & prepare group consolidated reporting to BNM on quarterly basis.

2. Regional Reporting

• Preparation and timely submission of monthly/quarterly/annually financial reporting package in accordance with MFRS and Generali Group Accounting Policies. Upload data into Group Reporting system according to stipulated timelines by group finance.
• Maintain documentation and templates for budgeting and forecasting processes
• Ensure timely and accurate submission of budget and forecast data into Group Reporting system

3. Local Statutory Reporting (MFRS4 & MFRS17)

• Preparation and timely submission of monthly/quarterly/annually financial reporting package in accordance with local MFRS and local regulator requirement, i.e. BNM.

• Prepare & compile information to input into Risk Based Capital Framework Form after the end of every quarter.

• Support on MoM Variance Report Submission for RBC form
• Support in compiling data and analysis to queries from the BNM supervisory team
• Preparation and timely submission of monthly/quarterly/annually MFRS17 report  (Monthly submission)
• Analyze and identify any gaps for the new reporting requirements.
• Work closely with various stakeholders (actuarial, methodology team, other finance team members) in sourcing additional information requested; in orders to close the gaps
• To develop a new reporting template / to enhance the existing report to meet the new reporting requirement.
• Attend to any ad hoc reporting, queries and/or analysis as and when requested by BNM officer.
• To ensure proper SOP documentation for MFRS17 BNM reporting.
• To support on project i.e Takaful System Redevelopment (ITSR) and etc.
• Assist in Annual Financial Statement preparation

4. Daily Cash Management & Investment Linked Unit Pricing

• Support the daily cash management & investment linked activities (Rotation).

• Ensure timely & preparation of Investment linked NAV computation and unit price publication on the company website.

• Preparation of company daily cashflow, ensure daily cash is sufficient to meet the insurance & non-insurance payment, as well as company's investment obligation.
• Execution of Bond trades for company Life fund, as instructed by investment department.
• Perform monthly unit reconciliation

5. Others

• Attend to any ad hoc reporting, queries and/or analysis as and when requested by Affin Bank, local regulator and internal stakeholders (i.e. actuarial, risk & investment).
• Assist in handling audit (internal/external) request.

Requirements:

• Preferably has a degree in an Accounting/Finance, while a professional certification (e.g., ACCA, ACCA, MIA) or relevant technical qualifications are desirable.
• Minimum 5 years of experiences in Insurance/Financial Industry, particularly in Finance function.
• Good knowledge on Management Reporting and Tax Reporting
• Analytical and numerical skills
• Communication & inter-relation skills
• Business acumen with problem solving skills