Assistant Manager, Finance (IFRS 17, Big4 Welcome)

Role Summary

Bowtie’s mission is to make insurance good again, and our vision is to build a category-defining health insurance company.

You will work with cross-functional teams to drive IFRS 17-related projects and to optimize our financial reporting workflow, to ensure timely and accurate financial information, facilitate month-end closing, and automate reporting processes in accordance with the IFRS 17 standards. On a day-to-day basis, you will collaborate with actuaries and data engineers on ETL setup, general ledger integration, and group reporting, while driving improvements in financial reporting and budgeting. 

Your Key Responsibilities Include:

1. IFRS 17 Infrastructure Setup and Implementation  
Contribute to the IFRS 17 infrastructure setup by analyzing existing company practices and constraints, and conducting comprehensive testing of the implementation.

2. General Ledger Integration  
Implement a bridge between legacy and new methodologies, integrate results into the accounting system, perform entry and data reconciliation, and collaborate with engineering teams to develop reporting tools.

3. IFRS 17 Policy and Accounting Estimation Changes  
Provide expert guidance on accounting estimations, policy development, and technical specifications to ensure compliance and accuracy.

4. Gap Analysis  
Collaborate with the actuarial and finance departments to analyze IFRS 17 results and reporting.

5. IFRS 17 / Reporting Transformation  
Prepare reports for parent companies and the upstream finance department.  
Enable the finance team to perform month-end closing, automate the financial reporting process, and shorten the reporting timeline, including group consolidation reporting.

After the IFRS 17 project(s)

1. IFRS 17/ reporting transformation
Enable the finance team to perform month-end closing, automate the financial reporting process, and shorten the reporting timeline. This includes group consolidation reporting.

2. Company budgeting
Develop and implement company budgeting tools and functionalities.

3. Other finance projects
Contribute to other finance projects as needed.

About you

You have solid IFRS 17 project management experience within the insurance industry, strong analytical skills, and the ability to engage and influence stakeholders at all levels.

• 4+ years of experience in (life) insurance finance, with 2 to 3 years of experience in IFRS 17 projects  

• Hands-on experience in group reporting.  

• Professional certification (CPA, ACCA, or equivalent) is a strong advantage.  

• Strong analytical skills and the ability to interpret complex financial information.  

• Excellent communication skills and the ability to engage and influence stakeholders at all levels.

• Innovative, adaptable, and passionate about elevating the finance function’s role in business strategy and success.

We Offer

Apart from a great career path and an opportunity to do good and do well, we also offer:

• Competitive package

• Flexible work arrangement

• Benefits include medical/ dental coverage and wellness programs

• Employee discounts

• Fun, co-operative, and flexible startup culture

• Weekly sharing sessions and regular social gatherings

• Excellent learning opportunities with Professional Development Sponsorship

About Bowtie

We are the first licensed virtual insurer (虛擬保險公司) in Hong Kong.

We believe that insurance is fundamentally good, and we are here to bring the good back through our passionate, innovative, and customer-centric team. 

By combining our deep domain expertise and our own proprietary modern technology, we are building one of the most iconic, category-defining health insurance companies in Asia.

We take pride in moving fast all the time and our track record in moving ahead in the game. Our digital insurance platform is also ranked #2 in the world in Sia Partners' 2023 report.

As we grow, we're always looking for highly dynamic, hands-on, and passionate talent to join our team. If you are looking for a rewarding career where you will grow together with strong talents from different backgrounds and build products and services that bring a positive impact on the lives of millions of people in Hong Kong / Asia, apply to our opening today!

Information collected will be treated in strict confidence and used solely for recruitment purposes.

The company will retain all applications no longer than 24 months of which will be destroyed thereafter.

We are an equal-opportunity employer. We do not discriminate on the basis of race, sex, disability, or family status in the employment process.