Job Openings Financial Planning & Reporting Head

About the job Financial Planning & Reporting Head

Full onsite - Head Office, Alabang

Mondays-Fridays 8AM-5PM


Job Description
We are seeking a highly analytical and detail-oriented Financial Planning & Reporting Head to lead the financial planning, budgeting, and reporting functions within the insurance sector. This role will ensure accurate financial analysis, regulatory compliance, and provide strategic decision-making support to senior management and key stakeholders.

Financial Planning & Budgeting

  • Develop and manage annual budgets, financial forecasts, and strategic plans across all business lines.

  • Lead quarterly and annual planning processes in collaboration with underwriting, claims, and investment teams.

  • Prepare variance analyses and deliver insights on budget performance versus actual results.

  • Support business development activities through financial modeling and profitability analysis.

Financial Reporting & Analysis

  • Oversee preparation of monthly, quarterly, and annual financial statements in line with applicable accounting standards (IFRS/local GAAP).

  • Ensure timely and accurate submission of regulatory reports to relevant authorities.

  • Prepare management reporting packages, including KPIs, profitability analysis by product line, and trend analyses.

  • Develop and maintain financial dashboards for executive and board-level reporting.

Risk Management & Compliance

  • Collaborate with actuarial teams to analyze reserve adequacy and monitor loss ratios.

  • Ensure compliance with solvency and capital adequacy requirements.

  • Support internal and external audits, address findings, and implement recommendations.

  • Monitor and report on key financial risks such as underwriting, investment, and operational risks.

Team Leadership & Development

  • Lead, mentor, and develop a team of financial analysts and reporting specialists.

  • Establish and maintain financial policies, procedures, and internal controls.

  • Provide training on insurance accounting principles and regulatory requirements.

  • Promote cross-functional collaboration with underwriting, claims, actuarial, and investment teams.

Required Qualifications

Education & Certifications

  • Bachelors degree in Finance, Accounting, Economics, or related field.

  • Professional certification (CPA, CFA, ACCA, or equivalent) preferred.

Experience

  • 8 to12 years of progressive financial management experience, including at least 5 years in the insurance industry.

  • Proven track record in financial planning, budgeting, and reporting in non-life insurance.

  • Strong knowledge of insurance accounting principles and regulatory frameworks.

  • Experience with statutory reporting and solvency regulations.

  • Technical Skills

  • Advanced proficiency in financial modeling and analysis tools.

  • Familiarity with insurance core systems and accounting software.

  • Understanding of actuarial concepts and insurance mathematics.

  • Knowledge of regulatory reporting standards (IFRS 17, local regulations).