Job Description

Job Advert Summary

To oversee and manage all aspects of Operational Finance processes and functions, ensuring seamless execution across key areas such as reinsurance and commission calculations and payments, financial analysis, monthly and quarterly reporting aligned with AASB standards, accurate month-end reconciliations, daily transaction processing, and thorough review of financial activities.

Minimum Requirements

Education:

Bachelor's degree in Finance or Accounting (essential)

Experience:

4-5 years' experience within a financial services environment, preferably in the Insurance Industry Strong reconciliation experience (essential) Proficient in MS Office - Advanced Excel

Knowledge and Skills:

General knowledge of insurance legislation/rules (preferred) Exposure in dealing with members, brokers and advisors (preferred) Solid knowledge of basic and advanced accounting and financial principles and practices Excellent knowledge of accounting and reporting Excellent knowledge or risk analysis, budgeting and forecasting Working knowledge of financial software and MS Office Excellent communication and presentation skills

Competencies:

Analytical mind with aptitude in math Ability to make prudent business decisions Flexible and adaptable in changing and challenging circumstances Fast learner with the ability to rapidly assimilate and utilise new information and skills High level of accuracy and be able to operate efficiently under pressure Work non-standard business hours from time to time Must be self-motivated Time management skills Be a team player and take responsibility for own development initiative

Duties and Responsibilities

Prepare and analyse monthly management accounts, gross premium reports, and dealer commission and reinsurance reports to ensure accuracy and reasonability Prepare month-end journals and reconciliations, including alignment between management accounts and AASB 17 reporting standards Prepare debtors reconciliations and monthly management and administrative fee invoices Assist with internal and external audit queries, including year-end requirements and financial reporting tasks Compile monthly Exco support documents and prepare monthly statistical reports Liaise with internal and external stakeholders and provide support to broader Life Operations business units Ensure Operational Finance services comply with PPS' Security, Risk, and Governance frameworks, and contribute to policy and procedure improvements Assist with budgetary and forecasting functions to support financial planning Support AASB 17 reporting by updating financial templates and managing uploads to Great Plains * Respond to queries and investigations, and perform other duties as assigned by the Team Manager