FAVIO

Senior Manager, Financial Reporting and Controls (3-month Contract)

FAVIO  •  Bridgetown, BB (Onsite)  •  4 months ago
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Job Description


Senior Manager, Financial Reporting and Controls - Insurance Sector (3-month Contract)


Overview

:

Our client is Barbados’ largest general insurance provider, writing business in all areas of general insurance including, Property, Liability, Accident, Motor, Marine, Aviation and Transit Insurance. They also offer insurance coverage for Individual and Group Life, Individual and Group Health, Annuities, Registered Retirement Savings Plans (RRSPs) and Individual and Group Pensions. Due to growth, they are seeking to recruit a proven professional with key skills that fit the criteria and are available to start the contract at the earliest opportunity.


This role is critical in maintaining strong
financial controls, optimizing reporting processes and supporting strategic
decision-making.


The ideal candidate will oversee the preparation,
accuracy and integrity of financial reports, ensuring compliance with
regulatory standards and company policies, as well as working closely with
internal stakeholders, including actuarial, risk management, audit and senior
leadership, to enhance financial reporting frameworks and governance.


Duties &

Responsibilities:



  • Leads the preparation and review of financial statements in compliance
    with IFRS and/or statutory accounting principles.

  • Ensures timely and accurate submission of regulatory filings,
    including annual and quarterly reports to insurance regulators and other
    relevant authorities.

  • Coordinates with external auditors and manages the audit process,
    addressing any financial reporting concerns.

  • Oversees the consolidation of financial results across multiple
    entities, ensuring alignment with corporate accounting policies.

  • Provides financial analysis and insights to senior management to
    support business strategy and performance evaluation.

  • Designs, implements and monitors internal controls over financial
    reporting (ICFR) in line with all applicable regulations.

  • Assesses and mitigates financial reporting risks, ensuring compliance
    with internal policies and external regulatory requirements.

  • Collaborates with risk management and internal audit teams to address
    control deficiencies, remediation and improve financial governance.

  • Maintains documentation and testing of financial controls to support
    external and internal audit requirements.


Requirements


  • A Bachelor of Science Degree in Accounts, Finance or a related
    discipline.

  • A minimum of ten (10) years working in accounting and/or finance environment,
    with a key responsibility for financial reporting, accounting, or financial
    controls, preferably within the insurance or financial services industry.

  • Successfully completed a professional accounting designation (CPA,
    ACCA, or similar designation).

  • Possesses up-to-date knowledge of general accounting principles,
    practices and procedures.

  • Possesses in-depth knowledge of IFRS 17 and (if possible but not
    essential) IFRS 9.

  • Ability to use [or learn to use] different financial software
    platforms to input and extract useful financial data.

  • Keeps financial information and corporate plans confidential to
    protect the company’s interests.

  • Ability to work in a fast-paced environment and drive continuous
    improvement initiatives.

  • Problem-solving with attention to detail, time management and
    organizational skills.

  • Ability to multi-task, work independently and meet deadlines.

  • Ability to maintain professionalism and strict confidentiality.

  • Excellent interpersonal, communication and organizational skills, with
    the ability to multitask and work autonomously.

  • Strong ability to use judgment and discretion.

  • Displays integrity, leading by example.

  • Certificate of Proficiency in Insurance and/or Professional Diploma in
    Insurance would be an asset.

  • Experience in an insurance environment would be preferred.
FAVIO

About FAVIO

FAVIO provide a range of Business Growth & Personal Professional Growth Solutions. These include Recruitment Advertising Management, Sales & Marketing lead generation, Pre - Hire & Staff Evaluation Assessments, Entrepreneur guidance programs and much more....

Industry
Consulting & Advisory
Company Size
1-10 employees
Headquarters
Bridgetown, BB
Year Founded
2015
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