Our client, Peak Reinsurance North America Ltd., 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 & 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 closing process.
• Manage accounting and reporting of the monthly/quarterly closing, 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 of deliverables within Company standards.
• Maintain effective control on timely basis over all financial operations.
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 procedures.
Maintain comprehensive and accurate recording of transactions (including business, and investment transactions), considering valuation, foreign exchange, and amortisation.
Support with the management of internal and external auditors 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.
Minimum Qualifications, Skills & Experience:
• 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.
Demonstrated ability to work as part of a team, as well as take leadership and build consensus.
Advanced Excel skills and familiarity with SAP for financial systems.
• Demonstrated project management experience in addition to the ability to work independently and manage multiple priorities in a fast-paced environment.
• Demonstrated critical thinking, organizational and time management skills.Not specified
Not specified
To apply please send your résumé to jobs@expertisegroup.com. All applications are handled in a confidential manner and in accordance with Expertise's Privacy policy, available on our website.