Financial Regulatory & Reporting, Jeddah, KSA

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.

Job Description

Maintaining proper General Ledger records:

Assist in maintaining the General Ledger (GL) system and ensuring the chart of accounts kept accurate and updated

Perform assigned GL account reconciliations and assist in reviewing reconciliations to ensure accuracy and completeness of entries

Support in the preparation of month-end and year-end closing process

Ensure adherence to existing control processes and highlight any irregularities or unusual transactions

External Financial Reporting:

Assist in preparing the Annual Report & Accounts (ARA), including supporting schedules for financial statements and board reports

Coordinate with external auditors during quarterly and annual audits by providing required data and draft explanations for key variances

Draft financial statement notes and disclosures

Support the audit process by preparing working papers and responding to information requests

Internal Financial Reporting:

Assist in preparing monthly flash and actuals reports for Bupa UK, including first-draft narratives on variances from plan and prior periods

Contribute to the monthly performance report by compiling data and conducting initial reviews before submission for manager review

Support ad hoc internal reporting requirements and stakeholder queries under manager supervision.

Act as backup support for month-end tasks when the manager is unavailable

Internal Financial Reporting:

Assist in preparing monthly flash and actuals reports for Bupa UK, including first-draft narratives on variances from plan and prior periods

Contribute to the monthly performance report by compiling data and conducting initial reviews before submission for manager review

Support ad hoc internal reporting requirements and stakeholder queries under manager supervision.

Act as backup support for month-end tasks when the manager is unavailable

 

Regulatory Reporting:

Prepare initial drafts of regulatory returns and submissions to the Insurance Authority, ensuring timely and accurate reporting

Compile data and responses for regulator queries and collaborate with relevant teams for accurate information

Maintain a tracker of regulatory deliverables and coordinate with stakeholders for required inputs

Internal Controls:

Ensure compliance with established internal control procedures and report any exceptions or process gaps

Support cost center allocation reviews and highlight potential misclassifications for correction

Assist in the documentation and enhancement of financial accounting procedures and control processes

Regulatory Reporting:

Prepare initial drafts of regulatory returns and submissions to the Insurance Authority, ensuring timely and accurate reporting

Compile data and responses for regulator queries and collaborate with relevant teams for accurate information

Maintain a tracker of regulatory deliverables and coordinate with stakeholders for required inputs

 

 

Internal Controls:

Ensure compliance with established internal control procedures and report any exceptions or process gaps

Support cost center allocation reviews and highlight potential misclassifications for correction

Assist in the documentation and enhancement of financial accounting procedures and control processes

Staff Management & Development:

Actively participate in team meetings and contribute to process improvement discussions

Provide informal guidance and support to junior team members as needed

Maintain individual development goals and seek feedback for continuous improvement

Skills

Big 4 firms experience

Saudi Insurance experience is a plus

IFRS / SOCPA knowledge

Knowledge of IA reports, rules and guidelines

Competent in both Arabic and English languages written and spoken

DETAILS TO REGISTER FOR THIS JOB:

Send your updated ATS-compliant CV:

https://careers.bupa.com.sa/en/saudi-arabia/jobs/tamheer-financial-regulatory-reporting-1100078836/


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