Financial Planning & Reporting Head

Curran Daly & Associates

  • Alabang, Muntinlupa City
  • Permanent
  • Full-time
  • 29 days ago
Job DescriptionNow Hiring: Financial Planning & Reporting Head
Location: Full Onsite - Head Office, Alabang
Schedule: Mondays to Fridays, 8:00 AM - 5:00 PM
Industry: Non-Life InsuranceJob Description:
We are seeking a highly analytical and detail-oriented Financial Planning & Reporting Head to join our finance team within the insurance industry. Lead the financial planning, budgeting, and reporting functions for a non-life insurance company, ensuring accurate financial analysis, regulatory compliance, and strategic decision support for senior management and stakeholders.Financial Planning & Budgeting
  • Develop and oversee annual budgets, financial forecasts, and strategic plans across all business lines
  • Lead the quarterly and annual planning processes, coordinating with underwriting, claims, and investment teams
  • Prepare variance analysis and provide insights on budget performance against actuals
  • Support business development initiatives with financial modeling and profitability analysis
Financial Reporting & Analysis
  • Oversee preparation of monthly, quarterly, and annual financial statements in accordance with applicable accounting standards (IFRS/local GAAP)
  • Ensure timely and accurate regulatory reporting to insurance authorities and other regulatory bodies
  • Prepare management reporting packages including key performance indicators, profitability analysis by product line, and trend analysis
  • Develop and maintain financial dashboards for executive leadership and board reporting
Risk Management & Compliance
  • Collaborate with actuarial teams on reserve adequacy analysis and loss ratio monitoring
  • Ensure compliance with solvency requirements and capital adequacy regulations
  • Support internal and external audit processes, addressing findings and implementing recommendations
  • Monitor and report on key financial risks including underwriting, investment, and operational risks
Team Leadership & Development
  • Lead and develop a team of financial analysts and reporting specialists
  • Establish and maintain financial policies, procedures, and internal controls
  • Provide training and guidance to team members on insurance accounting principles and regulatory requirements
  • Foster cross-functional collaboration with underwriting, claims, actuarial, and investment departments
Required Qualifications:Education & Certifications
  • Bachelor's degree in Finance, Accounting, Economics, or related field
  • Professional qualification (CPA, CFA, ACCA, or equivalent) preferred
Experience
  • 8-12 years of progressive financial management experience, with at least 5 years in the insurance industry
  • Proven experience in financial planning, budgeting, and reporting within non-life insurance
  • Strong background in insurance accounting principles and regulatory frameworks
  • Experience with statutory reporting requirements and solvency regulations
Technical Skills
  • Advanced proficiency in financial modeling and analysis tools
  • Knowledge of insurance core systems and accounting software
  • Understanding of actuarial concepts and insurance mathematics
  • Familiarity with regulatory reporting standards (IFRS 17, local regulations)

Curran Daly & Associates