Financial Accounting and Reporting Associate Manager

1 day ago


Taguig, National Capital Region, Philippines Risewave Consulting, Inc. Full time
Financial Accounting and Reporting Associate Manager

This role sits within the Financial Accounting and Reporting (FAR) team who is responsible for a variety of reporting bases including IFRS, PFRS, and Statutory reporting.

Responsibilities:

  1. Perform tasks related to Finance implementation of IFRS 17 Insurance Contracts (assist in various system testing in relation to IFRS 17 implementation and data migration).
  2. Responsible for preparation of policy data to be used for quarterly IFRS17 Tool pack run, ensuring accuracy and completeness.
  3. Ensure required reconciliations between IFRS accounting rules system, ledger and disclosures are completed (including Balance Sheet Reconciliation and various recon files related to IFRS17 results).
  4. Coordinate between local team, Group office and external consultants on financial accounting matters (e.g. preparation of accounting papers, discussion of new accounting standards).
  5. Provide support relating to insurance policy data during audit of external auditors and during submission of quarterly and annual submission to the Insurance Commission.
  6. Assist in any ad hoc tasks as assigned to financial accounting and reporting.

Qualifications:

  • Bachelor's degree with major in Accountancy.
  • CPA (preferred) and relevant professional qualification required.
  • At least 4 years of finance experience (BIG 4 Audit - Financial Services Industry) or at least 5 years of accounting and reporting experience in an insurance company.
  • Previous experience of application and/or interpretation of accounting standards (IFRS and IAS), particularly accounting for financial instruments and insurance contracts.
  • Part of IFRS17 project implementation team (preferred).

Hybrid Setup (10x RTO/month in BGC Office)

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Accounting, Insurance, and Financial Services

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