Senior Manager, Financial Reporting and Controls (Insurance Sector)

Join Barbados’ largest general insurance provider and play a key role in financial strategy, reporting, and governance.

Overview: Our client is Barbados’ largest general insurance provider, writing business in all areas of general insurance including, Property, Liability, Accident, Motor, Marine, Aviation and Transit Insurance. They also offer insurance coverage for Individual and Group Life, Individual and Group Health, Annuities, Registered Retirement Savings Plans (RRSPs) and Individual and Group Pensions. Due to growth, they are seeking to recruit a proven professional with key skills that relate to the insurance sector.

This role is critical in maintaining strong financial controls, optimizing reporting processes and supporting strategic decision-making.

The ideal candidate will oversee the preparation, accuracy and integrity of financial reports, ensuring compliance with regulatory standards and company policies, as well as working closely with internal stakeholders, including actuarial, risk management, audit and senior leadership, to enhance financial reporting frameworks and governance.

Duties & Responsibilities:

• Leads the preparation and review of financial statements in compliance with IFRS and/or

statutory accounting principles.

• Ensures timely and accurate submission of regulatory filings, including annual and

quarterly reports to insurance regulators and other relevant authorities.

• Coordinates with external auditors and manages the audit process, addressing any

financial reporting concerns.

• Oversees the consolidation of financial results across multiple entities, ensuring

alignment with corporate accounting policies.

• Provides financial analysis and insights to senior management to support business

strategy and performance evaluation.

• Designs, implements and monitors internal controls over financial reporting (ICFR) in line

with all applicable regulations.

• Assesses and mitigates financial reporting risks, ensuring compliance with internal

policies and external regulatory requirements.

• Collaborates with risk management and internal audit teams to address control

deficiencies, remediation and improve financial governance.

• Maintains documentation and testing of financial controls to support external and internal audit requirements.

Desired Qualifications, Experience and Skills:

• A Bachelor of Science Degree in Accounts, Finance or a related discipline.

• A minimum of ten (10) years working in accounting and/or finance

environment, with a key responsibility for financial reporting, accounting, or

financial controls, preferably within the insurance or financial services industry.

• Successfully completed a professional accounting designation (CPA, ACCA, or

similar designation).

• Possesses up-to-date knowledge of general accounting principles, practices and

procedures.

• Possesses in-depth knowledge of IFRS 17 and (if possible but not essential) IFRS 9.

• Ability to use [or learn to use] different financial software platforms to input and

extract useful financial data.

• Keeps financial information and corporate plans confidential to protect the

company’s interests.

• Ability to work in a fast-paced environment and drive continuous improvement

initiatives.

• Problem-solving with attention to detail, time management and organizational skills.

• Ability to multi-task, work independently and meet deadlines.

• Ability to maintain professionalism and strict confidentiality.

• Excellent interpersonal, communication and organizational skills, with the ability to multitask and work autonomously.

• Strong ability to use judgment and discretion.

• Displays integrity, leading by example.

• Certificate of Proficiency in Insurance and/or Professional Diploma in Insurance

would be an asset.

• Experience in an insurance environment would be preferred.