FINANCIAL CONTROLLER – RE/INSURANCE – 10% TAX – HR311
About this opportunity
Our client is seeking a highly motivated and experienced Financial Controller to join their dynamic team in Bermuda. As a key member of the finance function, the successful candidate will play a critical role in delivering accurate and timely financial reporting, managing regulatory compliance, and supporting a broad range of finance-related activities in a fast-paced, agile environment.
This role requires a fully qualified finance professional with deep knowledge of the (re)insurance industry, and a strong grasp of regulatory requirements in Bermuda, International Financial Reporting Standards and US GAAP.
Duties and responsibilities:
Adhere to highest standards in financial reporting and comprehensively maintain proper accounting records in a timely manner
Identify and understand key drivers for financial results through impact analysis of business written and year-end forecasting, in addition to managing the accounting close process
Manage accounting and reporting of the monthly/quarterly closings, regulatory reporting
Assist with the preparation of internal management reporting inclusive of committee presentations
Assist in maintaining high data quality, understand the end-to-end process and data flow of the company to ensure high accuracy and adherence to company standards
Maintain effective control on policy business and work to the agreed working procedures and processes and continually seek areas of efficiencies and effectiveness
Support planning and projection processes by providing Financial estimates and scenarios based on business planned and in compliance with the local and global regulatory requirements
Maintain timely and transparent communication with clients, stakeholders and shareholders
Continually advance technical knowledge to develop Company processes, procedures and accounting systems to adopt of new accounting standards
Monitor and assess changes in accounting rules and regulations including trends and make recommendations for changes to policies and processes
Maintain comprehensive and accurate recording of transactions (including business, and investment transactions), considering valuation, foreign exchange, hedging and tax
Support with the management of internal and external audits with quarterly reviews and annual audits
Assist in the preparation of ad-hoc projects, inclusive of the accurate compilation of internal and external reports, performing due diligence and providing financial implications on M&A activity and new transactions
Ensure effective delegation and contingency planning in place during absences and proactively engage with HR to hire, develop and retain staff
What you’ll need
Internationally recognized accounting designation (e.g., CPA, CA, ACA, ACCA)
8 years post-qualification experience within the (re)insurance industry
Demonstrated understanding of Bermuda regulatory environment, including BMA requirements and BSCR framework
In-depth knowledge of International Financial Reporting Standard and/or US GAAP
Familiarity with Bermuda Monetary Authority, as well as tax leadership and audit advisory experience
Advanced Excel skills and familiarity with SAP for financial systems
A hands-on, self-motivated, and self-directed team player with the ability to work independently and manage multiple priorities in a fast-paced environment
Demonstrated project thinking, organizational and interpersonal skills
How to apply
To apply, attach your résumé or include a link to your LinkedIn profile
If you don't provide one of the above, we can't progress your application
For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.
Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.
