An international insurance company is searching for a Financial Controller to lead their finance team in Malta. You will report to the Head of Finance, Europe and be instrumental in managing the Finance Department ensuring all internal financial commitments across the European region are met. The ideal candidate will have 2 – 5 years accounting experience within Insurance and be, as a minimum part ACCA qualified. If you are looking for a senior accounting role, please apply for this Malta based Financial Controller role.
MAIN DUTIES & RESPONSIBILITIES
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Manage the Finance Department ensuring all internal financial commitments across the European region are met.
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Review monthly management accounts for the European entities to ensure accuracy of technical provisions and reasonableness of non-technical postings.
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Review P&L variance analysis and BS reconciliations at month end.
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Support the forecasting and budgeting process.
- Produce monthly cash flow analyses and forecasts.
- Review Group deliverables before submission to the Group
- Prepare minutes of Reserve Review meetings.
- Perform any other duties as assigned by the Chief Executive - Europe, Senior management or the Core team.
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Manage the members of the European Finance team and identify their personal development needs. Monitor and mentor the AFCs to ensure their performance meets the required standards.
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Conduct premium, commission and reserve reviews, to identify key movements, understand variances and make recommendations for adjustments if required.
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Support the review of current process and identification of opportunities to deliver efficiency and understanding through enhanced analysis/reporting
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Perform monthly operational analyses of the European entities.
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Ensure accuracy of data within the underwriting system.
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Review financial and claims data for internal and external actuaries to support the reserving process before submission.
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Assist in providing greater insight and analysis into business performance through the implementation of new MI reports, financial models and processes.
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Participate as required in evaluation of new systems integrations.
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Assist in the establishment of and compliance with relevant internal controls and procedures.
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Perform ad hoc analyses and deep dive reviews as required by Management.
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Individual performance objectives will be set on an annual basis
CANDIDATE PROFILE
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As a minimum, part ACCA qualified.
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Insurance experience (2-5 years).
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Strong analytical skills.
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Teamwork demonstrated, along with working on own.
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Proactive in identifying issues and proposing solutions to colleagues at all levels, including senior management.
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Used to meet demanding deadlines.
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Excellent and inclusive communication skills with colleagues at all levels.
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An inquisitive mind.
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Advanced Excel skills.
COMPANY BENEFITS
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Annual performance bonus.
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Life insurance (2x annual salary).
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International health insurance.
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Summer hours and hybrid working (according to company necessities).
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Yearly eye screening.
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Parking (after 6 months' probation).
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Payment of professional membership fees (e.g., CII).
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Education awards for professional qualifications.
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Sponsorship for job-related training.
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40% discount on personal insurance policies (after 6 months' probation).
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Employee Assistance Programme (confidential support service).
Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to.