Finance Operations Manager
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Department:
Job Summary
Whats This Role Really Like
This role has overall responsibilities over the companys accounts payable intercompany reconciliations/settlement month end closing audit schedules as well as all banking and treasury matters. The individual will also be responsible for ensuring compliance with Group/Local accounting standards and internal policies. This position is expected to work with the other business function leaders to ensure that Finance operations can support other departments in the roll out of new products new distribution or new processes.
Areas of Responsibility
Finance Operations
- Review and oversee the entire account payable function making sure that payments are completed timely; at the same time assure the required internal controls are in place
- Liaises and work closely with banks to manage bank charges
- Monitoring cash balance to maintain minimum operational cash and contribute the excess cash to investment
- Provides oversight and ensures the timely submission of internal reporting information to regional office.
- Oversee month-end closing process and ensuring accuracy of journals booking
- Working with Financial reporting team and ensure audit schedules are prepared timely and balance are reviewed regularly
- Management of intercompany and reinsurance balances through timely reconciliation and settlement. Proactive engage other departments to seek support in the reconciliation and settlement of long outstanding balances.
- Liaise with MIS team to ensure timely delivery of DBS commission reports; working closely with DBS counterpart to reconcile any difference and obtain commission invoices timely
- Ensure internal regional reports are prepared and submitted by deadline
Others
- Participate in ad-hoc projects and provide recommendations from a finance perspective
- Be proactive in identifying any risks / opportunities working closely with respective business/function leaders and regional finance teams for business support and process initiatives that affects finance operations and reporting.
- Ensure Finance Operations can support the business in the implementation of any new products distribution partnerships or other initiatives from a finance operations and accounting standpoint.
- Identify opportunities for process improvement and streamline the Finance Operations process to make it more efficient.
Qualifications
Skills and Experience:
Possess good communication and interpersonal skills
Good strategic thinking and project management skills
Strong operator; able to be hands-on but also possesses leadership qualities.
Proficient in Microsoft excel.
Proven ability for accuracy and attention to details
Able to work independently and with a team
- Able to design and execute solutions independently
- Ability to work under tight deadlines;Results oriented and observe deadlines
Have a can-do attitude
Required Experience:
Manager
Key Skills
- Cognos
- Forecasting
- Hyperion
- Dealership Experience
- QuickBooks
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
