Financial Reporting Analyst, SeaInsure

5 days ago

Manila, National Capital Region, Philippines Monee Full time

Job Description

  • Responsible in performing the month-end financial statement closing process. Ensure transactions for the month are completely captured and recorded in the books such as, but not limited to, accounts for revenue and costs/expenses that needs to be accrued. Ensures prepayment amortization and FA depreciation are properly recorded
  • Responsible to prepare, analyze, and report financial performance against key business metrics. Assess the processed accounting information in the system to appraise operating results in terms of profitability, performance against budget and operating effectiveness of the organization
  • Responsible for preparing and ensuring the timely submission of regular regulatory reports to regulatory bodies such as Insurance Commission (IC) and Securities and Exchange Commission (SEC)
  • Liaises with IC on the regulatory reporting requirements such as, but not limited to, IC annual audit (asset); Annual statements etc.
  • Liaises with industry associations such as PLIA and PIRA; ensures submissions of reports surveys or documents
  • Will play a crucial role in supporting the business team by assessing the impact of new and current regulations applicable to SeaInsure
  • Monitor changes provided by the regulators regarding reporting/disclosure requirements.
  • Will be involved in updating policies and procedures related to regulatory reporting, accounting.

Requirements

  • Bachelor's degree in Finance /Accounting
  • Certified Public Accountant is an advantage but not required
  • 2-3 years of related work experience is preferred (fresh graduate are welcomed to apply)
  • Preferably with work/internship experience in one of the Big 4 firms with the insurance industry as the main exposure; and/or a reputable Insurance company focusing on financial reporting functions
  • General knowledge, skills, and competencies in accounting principles and regulations related to the insurance industry

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