HFG Insurance Recruitment Hiring! Full Time Record to Report Assistant Manager in Federal Territory - Ricebowl

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.