Head of Finance Operations
2 weeks ago
Who we are- Looking for a career that will excite, challenge and inspire you? Thinking about insurance? Perhaps you should. Working for us is a totally different experience to what you probably expect. How do you feel about the things you truly love? Don’t you want to protect them in the best way possible? Imagine if you could help people do this all over the world. You’d give them confidence and reassurance by protecting what they love most. This is no easy task. In today’s interconnected world, tackling risk is fast, unpredictable and invigorating. You’ll have to think on your feet as you manage risks big and small, from flooding to cyber-crime. You’ll be tackling issues like these in over 170 countries. It’s a big challenge, but you’ll have a truly diverse network helping you. As part of an international team, every day would provide opportunities to learn, grow and share ideas.- Zurich Insurance has the policy to be an equal opportunity employer. We aim to attract and retain the best qualified individuals available, without regard to criteria such as race/ethnicity, national origin, religion, gender, sexual orientation, age or disability.- At Zurich we believe that having a culture of inclusion is essential in delivering good results. Attracting, retaining and developing a diverse workforce where employees feel valued, respected and empowered allows people to reach their full potential. As a business this diversity helps us to better reflect and understand our 4 million customers’ needs to allow us to drive better outcomes. As a global organisation, with an increasingly agile workforce, we're happy to consider flexible working arrangements.- Our Opportunity- Function as the Head of Finance Operations for the Singapore P&C Business reporting into the CFO with responsibility for all Accounts Payable and Accounts Receivable deliverables including plan, coordinate and monitor tasks/activities to meet operational targets delivering a high quality and cost effective service.- Your role- Manages the day to day performance of the Finance Operations functions: Collection, Reconciliation, Cash Application, Invoicing, payments and expense reimbursements.
- Ensuring processes are accurate and timely processing of Treasury and Payments in line with service requirements of the business.
- Oversees the collection and reconciliation of premiums and non-premiums, invoices or applies cash in order to maximize free cash flow
- Oversees the verification, allocation and payment of vendor invoices generated from purchase orders and invoices - Processes expense reports and reimbursements - Responds to customer and vendor inquiries
- Oversees the invoicing process for intercompany transactions and resolves related issues or queries
- Ensures that the correct accounting processes take place to facilitate accurate and timely Reporting on a monthly basis.
- Key entry of information into systems as assigned General Ledger Account Reconciliation - Prepares, reconciles, and maintains general and subsidiary ledgers
- Manage Zurich’s external operational banking supplier relationships to ensure service standards are met and costs controlled.
- Job Functions- Support projects, working closely with others to deliver added value to the business and stakeholders. Promote a positive customer perception and take a proactive role in improving efficiency.
- Translate business objectives into clearly defined business cases, costs or schedules in order to support financial performance in Finance Operations
- Preparation of operational plans and/or contingency plans. Plans, coordinates and controls specific tasks, including resourcing requirements.
- Support and maintain SLA’s
- Act as Internal Control Framework process responsible for defined activities, ensuring a compliant and control environment is delivered
- Liaise with internal/external audit in area of responsibility to ensure Group/Industry standards are maintained.
- Leading two teams with responsibility for all aspects of team management and professional development.
- Your Skills and ExperienceAs our Head of Finance Operations, your skills and qualifications will ideally include:
- Bachelor degree (Accounting, finance or business preferred) and/or relevant professional qualifications in the field of accounting
- Minimum 7 years of experience in related field
- Excellent communication skills in both oral and written
- Strong knowledge in General Insurance business and product
- Extremely high analytical skills in financial analysis
- Excellent computer technical skills with proficiency including excel and SAP
- Strong critical thinking abilities
- Demonstrates positive and flexible approach to a changing environment
**You are the heart & soul of Zurich**
At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?
Let’s continue to grow together
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