financial services
Island Life Assurance Co. Ltd Financial Reporting Accountant
Until December 31, 2025

Job Overview:

We seek a Financial Reporting Accountant to be responsible for the day-to-day administration of the Finance department.  The role will also assist and participate in the preparation and finalisation of Financial Statements, budget, business plan and strategy papers.



Key Responsibilities

Financial Operations & Transactions

  • Manage all financial transactions, including fixed and variable payments, bank deposits, and timely tracking of payments to internal and external stakeholders.

  • Ensure tax payments, returns, MRA filings, and statements of emoluments/tax certificates are submitted on time.

  • Reconcile accounts payable, receivable, bank statements, intercompany balances, and other reconciliations.

  • Ensure accurate posting of journal entries and proper recording, filing, and reporting of all financial transactions.

  • Maintain data flow accuracy across finance systems and ensure compliance with financial policies and regulations.

  • Safeguard financial data confidentiality and perform database backups when required.

 

 

Reporting, Closings & Compliance

  • Prepare and support monthly, quarterly, and annual closings, including FSC returns and surveys.

  • Provide accurate information on financial position, liquidity, and cash flows, and report on the company’s financial health.

  • Assist in preparing and submitting Board and subcommittee packs and provide financial reports and insights to Management, Board Committees, and Sub-committees.

  • Attend to internal/external audit, ISO, FSC, and MRA queries.

  • Ensure statutory compliance and strong financial controls aligned with required financial standards.

  • Review, strengthen, and implement finance controls and administer/document finance processes (priority).

 

 

Financial Planning, Analysis & Risk

  • Analyse costs, investment income, sales performance, and variances against the business plan.

  • Assist in preparing budgets, forecasts, and the business plan.

  • Provide data for valuation exercises and support the implementation of IFRS 17.

  • Participate in monitoring the Risk Management Framework.

 

 

Process Improvement & Coordination

  • Enhance the efficiency of accounts preparation processes.

  • Coordinate with business units, external service providers, and consultants to support finance activities.

  • Assist the Finance Manager to ensure smooth day-to-day operations.

 

People Development & Performance Management

  • Provide on-the-job training to develop Finance staff capabilities and support business line management.

  • Define objectives and establish measurable customer-centric KPIs/KRAs, ensuring appropriate monitoring and reporting mechanisms.

Qualifications and Experience
  • Minimum ACCA Level 2 completed with at least 5-7 years of experience in Accounting field

  • MS Office skills

  • Communication skills, both oral and written, in French and English.
  • Good planning and organising skills, with the ability to multi-tasking
  • Self motivated, good interpersonal skills and team player