Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead a finance team, oversee financial operations, and manage reporting processes.
- Company: Join Munich Re, a global leader in the insurance industry, based in beautiful Malta.
- Benefits: Enjoy a competitive salary, bonus, flexible working, generous holidays, and private healthcare.
- Why this job: Be part of a transformative role that values integrity and fosters team development in a multicultural environment.
- Qualifications: Requires a degree in finance/accounting and 7-10 years of relevant experience, preferably in (re)insurance.
- Other info: Relocation package provided for those moving from the UK to Malta.
The predicted salary is between 51000 - 85000 £ per year.
A large global insurance business based in Malta is seeking a Head of Financial Operations. The role involves leading a finance team of over 20 staff and driving best practices.
The responsibilities include:
- Leading a team of junior and mid-level staff and managing the finance operations of the company.
- Providing oversight and monitoring for financial accounting and close activities (quarterly and annual), including the preparation of Balance Sheet and Income Statement analytics for corporate reporting purposes.
- Managing financial operational activities and selected Group reporting processes under IFRS Accounting standards (including IFRS 17 & 9) for topics such as treasury operations, investments, tax, general accounting, and Solvency II Pillar III reporting.
- Leading the execution and maintenance of accounting and reporting process inputs for Group reporting and assimilating complex financial data into timely corporate reports for internal and external purposes.
- Participating in transformational activities (global and local) to enhance data governance, dashboard reporting capabilities, and streamline financial close processes.
- Leading/supporting audit activities relevant to Financial Operations topics.
- Creating a culture that values respect, integrity, honesty, and authenticity while fostering strong team dynamics and organisational alignment.
- Supporting the CFO in strengthening the financial function and implementing initiatives according to the company's overall strategic goals.
- Employing strong written and presentation skills in interactions with management, external auditors, or other stakeholders.
Profile requirements include:
- University degree in accounting, reporting, and finance or an equivalent qualification (e.g., ACA/ACCA/CIMA).
- 7-10 years of professional, post-qualification experience in the accounting area of a (re)insurance company, with some management experience.
- Expertise in reinsurance technical accounting, preferably with IFRS 17 & 9 background, and Solvency II Pillar III.
- Audit and project management experience preferred.
- Familiarity with control design and quality control concepts, internal control monitoring, and evaluation of reporting risks.
- Ability to work effectively under pressure and prioritise work; hands-on mentality.
- Well-developed ability to delegate and monitor tasks effectively.
- Pro-active, positive attitude, career growth oriented, capable of working independently and collaborating cross-functionally.
- Excellent verbal and written communication skills; fluent in business English.
The package includes:
- €85,000 base salary
- Bonus
- Relocation package
- Flexible working - 2 days in the office and 3 from home
- Generous holiday allowance
- Private healthcare
- 13% employer contribution
Contact Detail:
Michael Page (UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Financial Operations (Relocation Package to Malta)
✨Tip Number 1
Familiarise yourself with the specific financial regulations and standards relevant to the insurance industry, particularly IFRS 17 & 9. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role's requirements.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who have experience in financial operations. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 3
Prepare to discuss your leadership style and how you've successfully managed teams in the past. Highlighting your ability to foster a positive team culture and drive performance will resonate well with the hiring managers.
✨Tip Number 4
Research Munich Re and their corporate values thoroughly. Understanding their mission and how they operate will allow you to tailor your discussions during interviews, showing that you're aligned with their goals and ready to contribute from day one.
We think you need these skills to ace Head of Financial Operations (Relocation Package to Malta)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial operations, particularly in the insurance sector. Emphasise your management experience and any specific expertise with IFRS 17 & 9, as well as Solvency II.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for relocating to Malta and leading a diverse finance team. Mention how your skills align with the company's goals and your vision for enhancing financial operations.
Showcase Leadership Skills: Provide examples of your leadership style and how you've successfully managed teams in the past. Highlight any transformational activities you've led that resulted in improved processes or team dynamics.
Demonstrate Communication Proficiency: Since excellent verbal and written communication skills are crucial for this role, ensure your application is free from errors and clearly articulates your qualifications. Consider including examples of presentations or reports you've created.
How to prepare for a job interview at Michael Page (UK)
✨Showcase Your Leadership Skills
As a Head of Financial Operations, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past. Highlight any transformational activities you've led that resulted in improved processes or team dynamics.
✨Demonstrate Technical Expertise
Make sure you are well-versed in IFRS 17 & 9, as well as Solvency II Pillar III. Be ready to discuss your experience with these standards and how you've applied them in previous roles. This will show that you have the necessary technical background for the position.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle pressure. Prepare scenarios where you've had to prioritise tasks or manage tight deadlines, especially in a multicultural environment. This will demonstrate your ability to thrive under pressure.
✨Communicate Effectively
Since the role involves interaction with management and external auditors, practice your verbal and written communication skills. Be clear and concise in your responses during the interview, and prepare to present complex financial data in an understandable way.
