FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Malaysia, Vietnam, and Japan, offering life and medical insurance, general insurance and employee benefits across a number of its markets.
FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology.
Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance.
Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group. For more information please visit WWW.
FWD.COM PURPOSE Lead implementation of IFRS 17 & 9 accounting policy changes through managing the BRD, delivery, risks, budget, testing & transition.
KEY ACCOUNTAIBILITIES For IFRS 17 programme overall (Accounting policy change and related systems implementation) : Drive the programme management to link up the inter-dependencies, and hold the end-to-end programme timeline of GO & local activities to roll out IFRS 17 & 9 Identify implementation hurdles at GO & BU levels, and re-prioritise workstreams / activities / deliverables based on ongoing evolvements Lead and manage project teams on cross-project deliverables, e.
g. test strategy, process blueprints Facilitate the IFRS 17 PSC at GO from agenda setup, contents preparation, to facilitation of pre / during / post meetings with PSC members Provide programme overview, address queries or provide clarity to all countries / external parties (e.
g. bolttech) for IFRS 17 related matters / projects Manage resourcing (for internal staff, contractors and external consultants) and resolve conflicts when arise among various group & local initiatives Assign / back up / take up the ad-hoc works with evolving needs from the programme or people changes Lead project teams on the next steps when risks / issues arise, and hold accountability to support and bring different parties to work together Track timeline / status and provide regular update or flag risks / issues to GFTI Officer, at timely manner with supporting information / recommendations to accelerate next steps / decisions Lead vendor management, SOW / RFP process, budget and costing Drive the Finance deliverables (with BA / SME support if any) in accordance with the implementation timeline at GO & BU level, e.
g. IFRS 9 ECL, ACF / COA mapping, account posting rules, ad-hoc implementation issues Control the budget and how to achieve benefit realization QUALIFICATIONS / EXPERIENCE Finance or related Bachelors’ degree, or equivalent Experience working in a managerial capacity in a listed Group Finance either in consolidation or other function Experience working with local Business Units in a close process Experience in system implementation / process change / transformation role Accounting skills and knowledge, including interpretation and application of global standards, knowledge of IFRS 17 beneficial KNOWLEDGE & TECHNICAL SKILLS Good understanding of financial processes including financial closing and reporting, finance systems implementations including general ledger, sub-ledger, consolidation, reconciliation and reporting systems Good written and verbal communication skills, with ability to build and manage effective relationships with key stakeholders Excellent analytical / financial literacy skills. High attention to detail