Head of Financial Operations (Relocation Package to Malta)

Head of Financial Operations – Large Global Insurance Business based in Malta

Client Details

I am working on an exciting and unique opportunity, based in Malta, for a Head of Financial Operations role for Munich Re, one of the largest Insurance Businesses in the world. The business is looking for someone to relocate to Malta from the UK, who can lead a finance team of 20 plus to drive best practices.

Description

The role is responsible for:

• Leading a team of junior and mid-level staff and managing the finance operations of the Company. The position is responsible for:
• 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. This includes the financial operational activities and selected Group reporting processes under IFRS Accounting standards (including IFRS 17 & 9) for topics including 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.
• Leading/participating in transformational activities (global and local) which will result in strong data governance, enhanced dashboard reporting capabilities, and streamlined financial close processes, ensuring the achievement of appropriate automation, integration, and synergies in finance operational processes and controls.
• Leading/supporting the audit activities relevant to Financial Operations topics.
• Create a culture that values respect, integrity, honesty, and authenticity, while fostering strong team dynamics, organisational alignment, and team development.
• Support the CFO in strengthening the financial function and implementing initiatives according to the Company\’s overall strategic goals to ensure the finance operations area is fit and proper for the challenges ahead.
• Employ strong written and presentation skills and professional presence and interactions in meetings with management, external auditors, or other stakeholders.

Profile

You will need:

• University degree in accounting, reporting and finance or an equivalent qualification, e.g., ACA/ACCA/CIMA
• 7-10 years professional, post-qualification experience in the accounting area of a (re)insurance company, and some management experience in a permanent role or project lead role.
• 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; Experience completing and communicating technical research preferred.
• Ability to work effectively under pressure and to 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, and working well within a team in a multicultural environment.
• Excellent verbal and written communication skills; fluent in business English.

Job Offer

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

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