Financial Controller

Our Client is a reputable general insurance company in Malaysia, dedicated to providing comprehensive insurance solutions to individuals and businesses. With a strong commitment to integrity, innovation, and customer satisfaction, we have established ourselves as a leader in the insurance industry.

Position Overview: We are seeking an experienced Financial Controller to join our team. Reporting directly to the CFO, the Financial Controller will play a key role in overseeing financial management, reporting, and capital management activities. The ideal candidate will possess strong financial acumen, leadership skills, and a strategic mindset.

Key Responsibilities:

1. Financial Management:
   • Develop and implement financial strategies to support business objectives and drive sustainable growth.
   • Monitor financial performance, analyze key metrics, and provide insights to senior management for decision-making.
   • Manage financial planning, budgeting, forecasting, and variance analysis processes.
   • Ensure compliance with regulatory requirements and accounting standards.
2. Financial Reporting:
   • Oversee the preparation and analysis of timely and accurate financial statements, including income statements, balance sheets, and cash flow statements.
   • Coordinate with internal and external stakeholders to ensure completeness and accuracy of financial reporting.
   • Present financial results, analysis, and forecasts to senior management and the Board of Directors.
3. Capital Management:
   • Manage capital resources efficiently to optimize returns and support strategic initiatives.
   • Evaluate investment opportunities and make recommendations to senior management based on risk and return considerations.
   • Monitor capital adequacy and liquidity levels to ensure compliance with regulatory requirements.
4. Internal Controls and Compliance:
   • Establish and maintain effective internal control processes to safeguard company assets and ensure compliance with policies and procedures.
   • Monitor regulatory developments and ensure compliance with accounting standards, tax laws, and other statutory requirements.
   • Coordinate with internal and external auditors to facilitate audits and address any findings.
5. Team Leadership and Development:
   • Provide leadership and guidance to the finance team, fostering a culture of excellence, collaboration, and continuous improvement.
   • Mentor and develop finance staff, ensuring their professional growth and readiness to take on increasing responsibilities.
   • Promote a positive work environment that values diversity, inclusion, and integrity.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field; CPA or MIA designation preferred.
• Proven experience within the insurance or financial services industry.
• Strong understanding of financial accounting principles, practices, and regulations.
• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and trends.
• Effective communication and presentation skills, with the ability to convey financial information clearly and concisely.
• Demonstrated leadership ability, with a track record of building and motivating high-performing teams.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.