Job
Description
Business: Finance Operations Role Title: VP Insurance Finance Operations ocation: India- Chennai What youll do: Proven track record of technical accounting and reporting relating to Insurance Industry particularly, Life Insurance business. End to end process ownership, management and preparation of BAU reporting with an understanding of International Financial Reporting Standards, particularly IFRS17; Manage, lead and inspire the team to produce timely, accurate and complete information to stakeholders Ability to analyse and review processes, identifying automation and simplification opportunities and drive transformation agenda Strong written and oral communicate skills (English plus local language of country where the role is located). Ability to communicate the transformation agenda in a simple manner to a global audience; Experience in accounting / financial reporting, and management reporting; Proven track record of driving re-engineering, process synergies and technology based solutions; Understanding of control frameworks and how to implement effective controls in practice.; Ability to develop effective working relationships with stakeholders of different seniority and geographical location; Technical Skill Requirements Recognized professional accounting qualification with 14+ years of experience predominantly in Finance, including in leadership positions managing complex requirements from senior stakeholders Strong understanding of IFRSs and technical Insurance accounting concepts Experience of operating in senior governance forums, handling auditors Strong experience and understanding across financial accounting and business finance Strong formal written reporting skills and experience of drafting papers for Board-level audience What you will need to succeed in the role: Proven track record of driving re-engineering, process synergies and technology-based solutions Ability to work under pressure, report to tight deadlines and deal effectively with issues as they arise Effective team player, very collaborative, communicates status and issues on a regular basis; Ability to effectively manage the competing views and opinions of multiple senior stakeholders and ensure timely delivery Strong people skills and a high degree of motivation and commitment. Experience in designing, implementing and validating the effectiveness of process controls Commercial mindset with strong execution and problem-solving skills. Ability to communicate complex and technical messages to stakeholders at all levels of the organization. Ability to work in a dynamic environment and adapt to frequent and multiple changes Customers / Stakeholder management Effectively manage key relationships with senior stakeholders, including the Head of Global Insurance Finance, Global Insurance CFO, Global Insurance CAO, Insurance market CFOs, Global and Regional Financial Reporting Leads. Demonstrate a robust understanding of all key internal and external stakeholders and their individual requirements Demonstrate effective relationship management with stakeholders at all levels Continuously engage and support stakeholders on evolving business and functional requirements Establish an effective and robust communication channel with multiple stakeholders to ensure timely flow of information and continuous feedback mechanism Engage with stakeholders through fact-based conversations, building strong relationships and providing challenge, where appropriate Anticipate and address issues and concerns from stakeholders, resolve them in an effective manner Leadership & Teamwork Demonstrate leadership, including the provision of guidance, coaching and timely feedback to improve effectiveness Support the retention of key talent, and the attracting and developing new talent and skills Engage with leads and colleagues across all functions and entities to promote consistency and teamwork. Develop and understand existing processes and systems / data flows and the target end-state Design and enable training on transformation with a particular focus on developing commercial acumen, business partnering capabilities and technical accounting knowledge Provide an escalation point for the resolution of issues and support the management of workloads to meet business critical deadlines Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices. Cultivate an environment that supports diversity and reflects values. Operational Effectiveness & Control : Lead and develop an effective control environment Support the review and assessment of overall accounting and reporting process performance, opportunities to improve, and eliminate root causes of operational issues Maintain and drive strong controls around data integrity and accuracy for all deliverables To continually assess the operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology Effectively drive and manage change, plan business contingency and achieve cross-training Ensuring BCP plan is documented, agreed with business partner and tested as per agreed timelines
