Senior Associate/ AVP, Financial Reporting Senior Associate/ AVP, Financial Reporting …

Peak Reinsurance Company Limited
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Last application, 30 May 20
Competitive package
Peak Reinsurance Company Limited
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Last application, 30 May 20
Competitive package
Looking for a qualified accountant with audit and insurance experience to support our Finance & Accounting team with focus on Financial Reporting and month-end closing activities.


  • Maintain accounting records, perform monthly closing and consolidation on IFRS basis for both GI and L&H reinsurance businesses in an accurate, complete and timely manner, including transaction booking and foreign currency revaluation
  • Involved in data analysis, ensure good data quality by performing various reconciliations
  • Identify and understand the key drivers of the financial results; closely monitor and rigorously challenge the reasonableness of the figures; and provide support in producing regular forecasts during the course of the year to ensure targets are met and managed effectively via interactive coordination with all functions
  • Support planning/projection processes by providing financial estimates/ scenarios based on business planned , taking into account the requirements of the Insurance Authority and various regulators
  • Prepare high quality financial analysis to facilitate business steering and decision making
  • Understand accounting standard changes, eg IFRS 17 and IFRS9, support the implementation of the new accounting standard.
  • Work closely with Actuaries, Underwriting and Technical Accounting Functions etc to drive the agreed working procedures / processes and take the initiative to identify areas of improvement to ensure workflow efficiency
  • Support automation by involved in UAT and provide feedback report
  • Monitor the aging of accounts receivables and payables including intra-group accounts balances and closely follow up with Technical Accounting team by proper reconciliation and facilitation of settlement.
  • Collaborate with other team members on reporting matters, particularly during the annual financial closing
  • Possess strong accounting knowledge and be able to work with the auditors to ensure the financials are true and fair
  • Maintain effective internal controls over financial operations and address any control issues on a timely basis
  • Prepare ad-hoc reports/presentations/analysis for management and other stakeholders



  • Degree holder in accountancy or related disciplines
  • Qualification from a professional accountancy body, e.g. ACCA, HKICPA
  • Minimum 5 years of experience in auditing, financial accounting and reporting
  • Solid experience in insurance and reinsurance for both GI and L&H businesses
  • Strong knowledge in accounting standards; a plus for experience with regulations of the Insurance Authority
  • Good knowledge in internal controls relevant to finance operations and reporting
  • Proficiency in computer skills (Microsoft Excel, PowerPoint, Hyperion, SAP)
  • Strong analytical and problem-solving skills 
  • Good written and spoken English and Chinese (Cantonese and Mandarin)
  • Strong interpersonal skills with ability to communicate in a clear manner in an multinational environment