Asia IFRS17 Shared Services Lead

Job Description

The Asia IFRS 17 Shared Services Leader is responsible for contributing to IFRS 17 financial process efficiency and financial reporting initiatives within the Asia Finance operations. The role involves coordinating with cross-functional teams, assisting in the development and execution of finance policies, and ensuring compliance with accounting standards. This position provides exposure to advanced financial systems and processes and involves significant contributions to strategic finance projects.

Key Responsibilities

1. Accounting and Finance policy development and documentation- Research and draft accounting and finance policies, creating supporting documentation.
2. User requirements for IFRS 17-related finance projects: Develop and document user requirements for IFRS 17-related finance projects, liaising with system developers to ensure business needs are met.
3. Team oversight- Supervise the financial analysts, ensuring high quality and timely deliverables.
4. Stakeholder communication - Act as a liaison for local business units and the group office, ensuring IFRS 17 reporting compliance and alignment with internal controls.
5. Issue resolution - Address IFRS 17 data, system and process issues, and support integration between sub-ledger, general ledger and financial reporting software applications.
6. Technical support- Provide expertise on IFRS 17-related queries and support communication with internal teams.
7. Administrative support - Manage MS SharePoint access for Asia Finance Policies, IT audit compliance and documentation filing.

Skills Required

• Accounting standards: Proficiency in IFRS 17 and IFRS 9 account posting and reporting, with a solid understanding of related technical requirements.
• Organizational skills: Strong organizational abilities with a focus on accuracy and details.
• Data extraction and analytical skills: Competence in data extraction and analysis from various finance systems.
• Advanced excel skills, including data analysis, financial modelling and template maintenance in scale.
• Experience in creating professional presentations and summarizing key information for diverse audiences.
• Team collaboration: Proven ability to work collaboratively with cross-functional teams and manage relationships across multiple locations.

Qualifications and Experience

• Bachelors degree in accounting, finance, or a related discipline
• CPA or equivalent certification is preferred.
• A minimum of 6 years of experience in accounting or finance within the life insurance industry, particularly with exposure to large multinational organizations.
• Experience developing with Power BI for data visualization, financial data model and financial reporting will be considered a value-added skill but is not mandatory.
• Related experience to IFRS17 is an advantage

Working Arrangement

• Hybrid - 3 days working onsite 2 days remote
• Location: QC or Cebu