Manager, Finance

MANAGER, FINANCE DEPARTMENTREPORTS TO THE VICE PRESIDENT – FINANCEGUARDIAN GENERAL INSURANCE LIMITEDAbout Guardian General Insurance LimitedGuardian General Insurance Limited is a leading property and casualty insurance company dedicated to providing comprehensive coverage and exceptional service to our clients. With a commitment to integrity and innovation, we strive to protect what matters most to our customers and communities. Job OverviewThe Manager - Finance GGIL Reporting and Accounting Operations is responsible for directing and overseeing the finance and accounting operations of GGIL and Guardian RE.

He/she is responsible for the financial reporting including monthly and quarterly financials, regulatory reporting, statutory compliance including tax returns, the management accounting and reinsurance accounting. The incumbent provides accurate and timely, professional financial reports, analyses, budgets and forecasts and possesses sound knowledge of International Financial Reporting Standards (IFRS) and experience in the preparation of IFRS compliant financial statements. The incumbent is also responsible for effective liquidity management, budgeting and supports strategic planning and the achievement of strategic objectives by providing relevant insightful analyses, opinions and recommendations to Executives.

As such, he/she must possess a sound understanding of the economic and investment environment and be acquainted with a broad range of business issues in order to make recommendations for improving the Company’s financial performance. Additionally, he/she has overall responsibility for the day-to-day finance operations , which includes the management of a team of professionalsJob Responsibilities Strategic Financial Leadership Co-ordinates and directs the process for financial planning and forecasting Coordinate and lead the annual budget exercise and ensure approvals within the established deadline.

Produce the division’s budget and forecasts for presentation incorporating inputs of the division’s team and applying requisite analyses, formulae and models; monitors and control divisional budget ensuring that agreed objectives are fulfilled. Produce consolidated corporate budgets and forecasts, consolidating and refining inputs from all departments ensuring that Board targets as regards return on investment, expense/revenue ratios, and other relevant financial guidelines are observed; presents final documents for approval. Produce report for delivery of the budget to stakeholders for their buy-in.

Regulatory Compliance & Governance Ensures compliance with the requirements of IFRS Ensures compliance with regulatory requirements and applicable regional financial regulations. Ensures compliance with Caribbean tax legislation. Financial Operations & Optimization Directs accounting, treasury, and investment accounting operations. Co-ordinates Finance Operations for reinsurance reporting/accounting - Group P&C Companies. Directs financial reporting, ensuring accuracy and timeliness. Oversees all reporting to Regulatory Bodies and Rating Agencies, ensuring accurate and timely reporting and clarity on reporting requirements for all territories.

Key contact for delivery and execution of Internal, Independent and any Regulatory Audits, liaising with internal and external personnel as required to ensure timely completion of audit activities. Implements cost-saving initiatives and efficiency improvements. Capital, Cash & Investment Management Manages cash flow and directs and oversees all reporting thereon, including forecasting and oversight of investment portfolio Directs Treasury operations to ensure compliance with capital activities and solvency requirements. Leadership & Organizational DevelopmentDrives financial team performance to achieve Company, Divisional and Departmental objectives. Fosters a high-performance culture through mentorship and professional development. Education & Experience ACCA Qualification or Equivalent Professional Qualifications.

Masters’ Degree in Business Administration is an advantage Customer Service and Quality Management Training CII certificate or Diploma an advantage 5 - 7 years accounting experience, of which at least five years should be post qualification. At least five years supervisory experience. At least 3 years Management experience responsible for Financial Analyses and Control. Experience with the application of International Financial Reporting Standards (IFRS) Strong knowledge of accounting software, data analysis software and Microsoft Office Suite of applications Familiarity with the Regulatory Guidelines governing the General Insurance Industry sufficient to carry out the job function.

Additional RequirementAs a regulated entity with obligations under the Know Your Employee guidelines, a Certificate of Character is required. Person SpecificationThe Manager - Finance must be assertive and articulate, a strategic thinker and possess unquestioned integrity/high level of integrity. He/ She should be a clear communicator with the ability to demonstrate logical thinking in order to gather and analyze a variety of information. Excellent Interpersonal/Communication skills are inherent as the individual must be able to build and sustain mutually beneficial relationships at all levels throughout the organization and with all stakeholders; this includes both oral and written.

He/she must possess the ability to quickly understand / upskill on IFRS requirements. The Finance Manager must also have a keen eye for detail, be emotionally intelligent and tolerant, technologically savvy, excellent planning, with excellent supervisory management, organizing and time management skills. The incumbent must possess unwavering and unquestionable professionalism, integrity and commitment to organizational objectives. Additionally, he/ she must possess the compatibility for both independent and team work.