HFG Insurance Recruitment Hiring! Full Time Finance Manager in Federal Territory - Ricebowl

Finance Operations Manager

Job Summary

The Finance Operations Manager is responsible for leading day-to-day finance operations and transactional accounting activities to ensure accurate, timely, and compliant service delivery. This role oversees core finance processes including Accounts Payable (AP), Travel & Expense (T&E), Intercompany Accounting, Fixed Assets, Lease Accounting, Bank Reconciliations, and Finance Query Management.

The incumbent is responsible for maintaining strong internal controls, driving operational excellence, supporting continuous process improvements, coordinating cross-functional stakeholders, and leading the finance operations team to achieve agreed service levels and business objectives.

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Key Responsibilities

1. Finance Operations

• Lead the daily execution of finance operations activities and ensure smooth service delivery.

• Ensure finance processes are performed accurately, efficiently, and in compliance with internal policies and accounting standards.

• Monitor operational performance, service quality, productivity, and stakeholder satisfaction.

• Track service level agreements (SLAs) and key performance indicators (KPIs), identifying and escalating operational risks where necessary.

• Drive operational governance, issue resolution, and process consistency.

2. Accounts Payable (AP)

• Manage the end-to-end Accounts Payable process, including invoice validation, processing, vendor master maintenance, and payment execution.

• Ensure supplier invoices and payments are processed accurately and within agreed timelines.

• Coordinate payment cycles and resolve payment exceptions.

• Monitor AP aging, blocked invoices, and outstanding balances.

• Collaborate with Procurement, business units, and vendors to resolve invoice discrepancies.

• Ensure compliance with tax regulations, procurement policies, and internal controls.

3. Travel & Expense (T&E)

• Manage employee expense reimbursement and travel expense administration.

• Ensure compliance with corporate travel and expense policies.

• Administer corporate credit card programs and reconciliations.

• Monitor expense processing turnaround times and policy compliance.

• Promote awareness of expense policies and best practices.

4. Intercompany Accounting

• Manage monthly and quarterly intercompany reconciliations and settlement activities.

• Resolve intercompany differences on a timely basis.

• Coordinate with local, regional, and global finance teams to clear outstanding balances.

• Support transfer pricing compliance and intercompany agreement governance.

• Provide reconciliation support during month-end and year-end financial close.

5. Fixed Asset Accounting

• Oversee asset capitalization, transfers, disposals, and depreciation.

• Maintain an accurate and complete fixed asset register.

• Coordinate periodic asset verification exercises.

• Support capital expenditure monitoring and reporting.

• Ensure compliance with applicable accounting standards and internal policies.

6. Lease Accounting

• Manage lease accounting in accordance with IFRS 16 / MFRS 16 requirements.

• Maintain lease schedules and supporting documentation.

• Review lease modifications and reassessments.

• Ensure accurate lease accounting entries and reconciliations.

• Support monthly, quarterly, and annual financial reporting activities.

7. Bank Reconciliation

• Perform timely bank reconciliations for all assigned accounts.

• Match bank transactions against general ledger records.

• Investigate and resolve reconciliation differences promptly.

• Liaise with banking partners and internal stakeholders to clear outstanding reconciling items.

• Ensure reconciliation processes comply with established controls and procedures.

8. Controls, Risk & Compliance

• Maintain effective internal controls and segregation of duties.

• Support internal and external audit activities.

• Identify operational risks and implement mitigation measures.

• Ensure compliance with accounting standards, statutory requirements, and company policies.

• Support internal control and compliance testing where applicable.

9. Process Improvement & Transformation

• Identify opportunities for automation, standardization, and process optimization.

• Utilize ERP systems and digital tools to improve operational efficiency.

• Perform root cause analysis and implement corrective actions.

• Support finance transformation, system implementations, and process migration initiatives.

10. Team Leadership & Stakeholder Management

• Lead, coach, and develop Finance Operations team members.

• Foster a collaborative, customer-focused, and high-performance working environment.

• Support employee development through coaching, knowledge sharing, and cross-training.

• Coordinate resources and workload planning to ensure service commitments are consistently achieved.

• Build strong relationships with internal and external stakeholders to support business objectives.

Qualifications & Experience

• Bachelor's Degree in Accounting, Finance, or a related discipline.

• Minimum 6–10 years of relevant experience in Finance Operations, Shared Services, Transactional Finance, or a high-volume finance environment.

• Proven experience managing finance operational processes and service delivery.

• Prior supervisory or team leadership experience (2–4 years preferred).

• Experience with ERP platforms such as Oracle, SAP, Workday, Coupa, OneStream, or similar enterprise financial systems.

• Strong knowledge of finance operations, accounting principles, internal controls, and compliance requirements.

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Finance Manager / Assistant Manager, Record to Report (R2R)

Position Summary

The Assistant Manager, Record to Report (R2R) is responsible for supporting the end-to-end financial close and reporting process, ensuring timely, accurate, and compliant financial accounting in accordance with accounting standards, internal policies, and regulatory requirements. The role covers general ledger accounting, staff cost accounting, fixed assets, lease accounting, financial reporting, statutory reporting, audit support, and continuous process improvement initiatives.

Key Responsibilities

• Financial Accounting & Month-End Close

o Manage accounting for employee-related costs, including payroll, bonuses, share-based payments, and staff claims while liaising with Human Resources on related matters.

o Prepare month-end journals, accruals, and General Ledger (GL) reconciliations, ensuring timely resolution of outstanding reconciling items.

o Perform monthly variance analysis and provide meaningful insights into financial performance.

• Fixed Assets & Lease Accounting

o Oversee accounting for fixed assets and lease transactions.

o Maintain accurate supporting schedules and ensure timely completion of asset stock takes and documentation.

• Financial & Regulatory Reporting

o Prepare monthly financial reports and management reports.

o Support statutory, regulatory, tax, and group reporting requirements in accordance with applicable accounting standards and reporting deadlines.

o Prepare financial analyses, commentaries, and predictive reporting to support business decision-making.

• Audit & Compliance

o Coordinate and support internal and external audit activities by preparing schedules and responding to audit queries.

o Ensure compliance with internal controls, accounting policies, and regulatory requirements.

• Process Improvement

o Contribute to process enhancement initiatives, documentation of Standard Operating Procedures (SOPs), and finance transformation projects.

o Support ad hoc finance initiatives and management reporting as required.

Requirements

• Bachelor's Degree in Accounting, Finance, or a related discipline.

• Professional qualification (ACCA, CPA, CA, ICAEW, or equivalent), or currently pursuing one, is an advantage.

Experience

• Minimum 5 years of relevant experience in Record-to-Report (R2R), General Ledger (GL), Financial Reporting, or Financial Accounting.

• Experience within financial services, insurance, banking, fund management, multinational corporations (MNCs), or shared services environments is highly preferred.

• Strong understanding of financial accounting principles and month-end close processes.

• Experience in financial reporting, statutory reporting, reconciliations, and audit support.

• Advanced Microsoft Excel skills.

• Experience with ERP systems such as Oracle, SAP, OneStream, Coupa, or similar platforms is an advantage.