About the role
This position is a key member of Financial Reporting Team. He or she will be primarily responsible for IFRS17 financial month end closing, analytics, and liaise with all relevant parties.
What the role is ?
- Lead a sub-team and perform monthly, quarterly, and annual IFRS 17 reporting and financial analysis, including journal entries, reconciliations, and management reports to ensure accuracy and compliance with Group and accounting standards.
- Collaborate closely with Financial control sub-teams and Actuarial Department on financial result analyses and key drivers of IFRS 17 performance.
- Lead the financial year closing, including financial statements and reporting deliverables, and coordinate with external auditors for audit and review procedures.
- Ensure compliance with internal controls, financial reporting standards, Group policies, and regulatory requirements to maintain accuracy, integrity, and operational efficiency.
- Provide technical accounting support and guidance on IFRS 17, IFRS 9, HKRBC and other financial reporting matters.
- Support Group financial reporting and regulatory submission, including but not limited to requirements from the Insurance Authority (IA), Bermuda Monetary Authority (BMA), and other relevant regulatory bodies.
- Participate in the development of and testing on user requirements of Financial Control Department for finance system changes, including conducting and reviewing user acceptance testing (UAT), identifying issues, and ensuring timely resolution.
- Provide support with IT, Actuarial, and other departments to identify and implement process or system improvements that enhance reporting efficiency and data quality.
- Effectively work with team members, fostering skill development in reporting and system-related processes.
- Handle Ad hoc requests directed by supervisors.
Who we are looking for ?
• 8+ Years Insurance accounting & finance or Big 4 Audit experience.
• Strong leadership and stakeholder management experience in IFRS17 financial reporting role in life insurance company is preferrable.
• Bachelor’s degree or above with major in Finance or Accounting; HKICPA, ACCA, or equivalent.
• Knowledge and understanding on IFRS17/ HKFRS 17 is essential.
• Strong system knowledge especially for Insurance related IFRS17 systems, and knowledge in end-to-end process workflow.
• Fluent in Cantonese, English and Mandarin.
• MS Excel, and general MS-Office skills are essential.
• Excellent verbal and written skills with an ability to create high quality written products that are comprehensive, accurate and tailored to the audience.
• Detail minded, responsible and proactively seek for solution.
Personal Information Collection Statement
At Chow Tai Fook Life Insurance Company Limited (“the Company”) we respect the privacy of your personal data and are committed to fully complying with the Personal Data (Privacy) Ordinance (“the Ordinance”).
The personal data that we collect and/or hold (whether contained in this application form or otherwise obtained) includes your personal details, contact information, education and training details, employment details, financial details, and information on your social circumstances.
Provision of personal data by you is mandatory for selection purposes. Personal data collected through this application will be used by the Company to assess your suitability to assume the job duties of the position for which you have applied. The Company may not be able to process your application if you fail to provide your personal data.
Applicants not contacted within four weeks after the interview / test may consider their application unsuccessful. The information provided will be kept for 2 years for consideration of other suitable posts.