15 Sep
|
Excolo
|
New South Wales
15 Sep
Excolo
New South Wales
Job Description
Sydney | Hybrid Working | Insurance Sector
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An exceptional opportunity has arisen for a technically strong Financial Reporting professional to join a leading insurance organisation in a pivotal leadership role.
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Reporting directly to the Financial Reporting Manager, this position acts as the transparent second-in-command within the Financial Reporting function, offering significant visibility across the business and the opportunity to influence key reporting, regulatory and technical accounting outcomes. Leading a team of two, you will play a critical role in ensuring the integrity of the organisation's financial reporting framework while partnering closely with Finance, Actuarial, Risk and senior business stakeholders.
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With genuine flexibility, a collaborative culture and a strong focus on employee wellbeing, this organisation is widely regarded as an employer of choice within the financial services sector.
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The Role
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This is a hands-on leadership position combining team management, technical accounting expertise, regulatory reporting and continuous improvement responsibilities.
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Key responsibilities include:
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Financial Reporting & Consolidations
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Lead the month-end and year-end financial reporting process, ensuring accurate and timely delivery of all reporting obligations.
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Take ownership of group consolidation activities across multiple entities, ensuring completeness and accuracy of financial information.
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Manage financial reporting hierarchies, chart of accounts structures and reporting governance frameworks.
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Prepare and review monthly management reporting, executive reporting packs and supporting financial analysis.
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Coordinate the preparation of annual statutory financial statements and supporting disclosures.
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APRA & Regulatory Reporting
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Lead the preparation and review of quarterly and annual APRA returns.
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Partner closely with Finance,
Actuarial and Risk teams to ensure regulatory obligations are met.
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Monitor developments in the regulatory landscape and assess reporting implications for the business.
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Provide technical guidance on evolving reporting requirements and regulatory change initiatives.
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AASB 17 / IFRS 17
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Play a key role in the ongoing application and enhancement of AASB 17 / IFRS 17 reporting frameworks.
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Provide technical accounting advice and interpretation on complex insurance accounting matters.
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Support the assessment and implementation of new accounting standards and regulatory developments.
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Prepare technical papers, impact assessments and recommendations for senior management and external auditors.
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Controls, Reconciliations & Governance
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Oversee the balance sheet reconciliation process, ensuring all reconciliations are completed accurately and in accordance with internal policies.
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Ensure outstanding reconciliation items are investigated and resolved promptly.
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Maintain a strong financial control environment and support ongoing governance initiatives.
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Ensure reporting procedures and accounting activities are delivered within agreed timelines and service standards.
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Audit & Stakeholder Management
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Lead the coordination of interim and year-end external audit activities.
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Act as a key contact for auditors, ensuring requests are managed efficiently and professionally.
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Build strong relationships across Finance, Actuarial, Pricing, Risk and broader business functions.
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Provide leadership and technical guidance to stakeholders on the financial implications of business initiatives and strategic projects.
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Leadership & Process Improvement
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Lead, mentor and develop two direct reports within the Financial Reporting team.
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Drive continuous improvement initiatives across reporting processes, controls and systems.
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Partner with Finance leaders to identify opportunities to enhance efficiency, automation and best-practice finance operations.
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Promote Finance as a trusted business partner through proactive stakeholder engagement and collaboration.
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About You
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To be successful in this role, you will possess:
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CA or CPA qualification.
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Demonstrated experience within Financial Reporting, ideally within the insurance or broader financial services sector.
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Essential experience with AASB 17 / IFRS 17.
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Strong technical accounting knowledge and understanding of Australian Accounting Standards.
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Previous leadership experience or demonstrated capability mentoring and developing team members.
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Exceptional stakeholder management and communication skills.
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A proactive, solutions-focused approach with a passion for process improvement and continuous development.
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What's on Offer?
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Highly flexible hybrid working environment.
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Genuine work-life balance and employee-focused culture.
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Business-critical role with significant visibility across the organisation.
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Clear 2IC position to the Financial Reporting Manager.
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Opportunity to lead and develop a high-performing team.
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Exposure to complex regulatory, technical accounting and strategic finance initiatives.
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Join a respected and growing organisation within the insurance sector.
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This is an excellent opportunity for an experienced Financial Reporting professional looking to combine technical expertise, leadership and strategic influence within a highly regarded organisation.
📌 Financial Reporting Team Leader (New South Wales)
🏢 Excolo
📍 New South Wales