Job Description

Head of Accounting, Singapore

Description of Role

• Perform closing of financials for area of responsibility.
• Manage relationships with both internal and external parties.

Key Responsibilities

Lead and Manage Team (direct reports + matrix responsibility)

• Develop strategies for own area of responsibility in alignment with company goals. Provide employees with guidance on overall strategic picture and how own functional area\'s targets are aligned to it. Define clear and challenging targets, monitor progress and address performance issues appropriately and effectively. Set Priorities.
• Drive organizational set up for own area of responsibility including personnel selection and manage budget within plan.
• Coach and develop employees in a continuously changing environment. Empower employees to execute tasks independently. Foster behavior of team members as desired according to AGCS standards (e.g. behavioral goals, etc.) and live up to the matrix organization.
• Drive and maintain collaboration and synergies with internal parties.

Governance and Quality Assurance

• Document application of policies, procedures, and workflow for assigned areas of responsibility.
• Archive records to satisfy audit and statutory requirements.
• Draft standards to improve quality as well as active contribution in improving and implementing global operation cycles, processes, and workflows as well as the implementation of global policies and procedures.

Reporting and Closing

• Ensure that all IFRS, GAAP and Statutory closing and reporting tasks (e.g. annual report, reporting to regulatory authorities and other internal/external reporting requirements) related to own area of responsibility are accurate and timely on both global and local bases.
• Provide quarterly technical data to and review and comment on the actuarial reserve provided by external actuary.
• Provide financial information to and review the tax computation prepared by external tax consultant.
• Take care of monthly / quarterly / annual close submission activities, including posting of both technical and non-technical accounting transactions.
• Complete account reconciliations on a periodic basis. Reconcile and settle intercompany transactions within the affiliated company group.
• Coordination, transfer, and reconciliation of data from interfaces of front-end systems.

Manage local relationship with 3rd parties (auditors, external consultants, other Allianz business units, tax authorities, public authorities, etc.)

Project work as assigned.

Knowledge / Skills / Abilities

Required Education and Qualification:

• Tertiary qualification (ideally Master), preferably in Accounting, Finance, Business Administration or related disciplines.
• Professional qualification with accounting bodies (CPA, ACCA, CA, etc.) is preferable.

Required Experience:

• Prior experience in insurance accounting in particular within area of responsibility.
• Previous managerial/leadership experience encompassing the development (ideally) of small teams within a complex global / matrix environment.
• Experience of leading change in various business scenarios, including, e.g., restructuring, integration and mature growth markets.
• Experience with IFRS 17 and IFRS 9 is preferable.

General Skills:

• Problem Solving: Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation.
• Project Management: Ability to manage projects (milestone and task planning, managing resources, controlling, monitoring, reporting, moderating) and to develop solutions while considering complex stakeholder structures and requirements.
• Analytical Thinking and Numeracy: Ability to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations.
• General Management Skills: Encompassing but not limited to leading and developing people, establishing and setting priorities, negotiation skills and conflict management.

Technical Skills:

• Legal and Regulatory Framework: Comprehensive knowledge of local GAAP, IAS / IFRS, Regulatory, Direct and Indirect Tax requirements.
• Data Quality and Reporting: Ensuring compliance of closing, reporting with internal & external requirements (capital management).
• IT and office application skills to effectively analyze data.
• Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows.

Languages:

• English

What\'s in it for you?

Let\'s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let\'s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let\'s care for your opportunities to progress

From career development and digital learning programmes to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let\'s care for life\'s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We\'ve got your back.

Let\'s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking .

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.

People with Disabilities:

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email

Recruitment Agencies:

AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have an agreement in place, so please do not contact managers directly.

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