Finance Specialist

Role: This role reporting to the Senior Finance Manager will support the overall mandate of Strategic Finance Initiatives and Accounting Advisory (SFIAA) namely: Be at the forefront of developments around financial reporting and regulatory requirements. Be a key support to the control structure by ensuring effective Finance policies and guidelines are in place. Be an effective business partner to Finance and other cross-functional teams to support various activities and process improvements

Responsibilities

1. Development and maintenance of Finance policies and operating guidelines

•  Establish, strengthen, and reinforce the control structure by developing and maintaining Finance policies and operating guidelines
• Collaborate with cross-functional teams to ensure that Finance policies are aligned with organizational goals and objectives
• Identify process improvement opportunities on various Finance processes and develop solutions
• Ensure that Finance policies comply with regulatory requirements and Corporate guidelines
• Communicate Finance policies and guidelines to relevant stakeholders and provide training as needed
• Monitor and evaluate the effectiveness of Finance policies and recommend changes or updates as necessary, including completing PAC or similar attestations
• Serve as a subject matter expert on Finance policies and operating guidelines, and provide guidance to stakeholders as needed

2.Accounting advisory

• Provide technical accounting guidance to Finance teams on complex accounting issues, propose solutions and develop accounting memo, policies or guidelines
• Lead the impact assessment of newly issued accounting / sustainability standards and interpretations, including developing and executing implementation plans and leading system implementation/enhancements activities, if necessary
• Collaborate with cross-functional teams including Finance, Actuarial, Operations and others to address accounting issues and implement accounting standards (and amendments thereto, as applicable)
• Review financial statements and disclosures for compliance with accounting guidelines and regulations
• Monitor emerging accounting issues and trends and provide insights or recommendations to stakeholders
• Discuss with External / Internal Auditors on accounting matters, as necessary.

3.Other Finance initiatives

• Support the third-party risk management process through performing financial viability assessment of vendors and contracts review of supplier arrangements within agreed turn-around time
• Develop templates and MBCTs to facilitate process improvements within SFIAA's functional areas
• Support Finance Academy activities
• Support Finance teams on other organization strategies and initiatives that requires technical accounting knowledge and know-how on accounting processes, including serving as project lead or subject matter expert for Finance on potential system implementation and enhancements

Qualifications

• Bachelor's degree in accounting or commerce
• At least 4 years of relevant accounting and financial reporting experience
• CPA designation is a requirement, any Actuarial training or designations are a plus
• Exposure on IFRS 17 and 9 implementation for insurance companies is a plus
• Knowledge of Business and Corporate finance and actuarial systems
• Knowledge of insurance industry, products and related accounting issues
• Ability to solve problems with multiple constraints or with minimal pre-existing solutions or industry guidance

Location: Taguig

Work set-up: Hybrid (3days onsite 2 days WFH)

Schedule: Dayshift

By Applying, you give consent to collect, store, and/or process personal and/or sensitive information for the purpose of recruitment and employment may it be internal to Cobden & Carter International and/or to its clients.