ABOUT HOWDEN
Howden is a leading global insurance intermediary group with employee ownership at its heart. Founded in1994, it provides insurance, reinsurance and underwriting services and solutions to clients ranging from private individuals to the largest multinational companies.
The Group operates in 56 countries in Europe, the USA, Africa, Asia, the Middle East, Latin America, Australia and New Zealand, employs over 24,000 people and manages premiums totalling USD 51 billion on behalf of its clients.
Further information can be found at www.howdengroup.com and www.howdengroupholdings.com.
Role Summary
To oversee all the General Accounting, Financial Reporting and Corporate Taxation of HSAP's office in Singapore. This includes timely submission of consolidated financial reports, annual audit and taxation. Also be responsible for the continuous improvement of internal controls by setting up and implementation of policies, guidelines and processes to suit ongoing business needs.
Core Responsibilities for All Staff
Achieve Results through Relationships with All Parties
- Deliver a personal performance that contributes towards the Company achieving its objective
- Achieve lasting relationships with all parties (clients, markets, suppliers, third parties and other staff)
Delivery of Service
- Consistently deliver an excellent and comprehensive service
Conduct and Integrity
- Ensure all dealings are carried out with integrity and professionalism
- Act in utmost good faith, in accordance with the relevant Company and/or Group policies and never risk the Company's reputation
Development and Professionalism
- Continuously develop skills and knowledge
- Develop others where you are responsible for their performance
Specific Responsibilities
Financial/Statutory Reporting
- Handle all general accounting and AP matters including all bank reconciliations (both client money and house cash accounts
- Responsible for the Group's financial reporting and management reporting, ensuring that a timely and accurate month-end close
- Keeping abreast of changes in financial reporting standards
- Prepare annual audit including, but not limited to gathering all information and schedules for auditors, reply to auditors queries, liaison with auditors, etc.
- Other ad hoc projects or assignments as required
Tax Reporting
- Timely income tax filing and settlement of tax liability
Internal Controls and Compliances
- Ensure compliance to all regulatory and governmental bodies (e.g. MAS) at all times
- Review internal processes and controls and recommend changes where necessary to ensure compliances especially on those non-negotiable controls as required by Group's Internal Audit Department
- Assist in Internal Audit process
Insurance Accounting
- Ensure the process of settlement to/collection from underwriters are done smoothly and in a timely manner
- Review and authorize all payments (both trade and non-trade)
- Review journal entries in Unit 4 to ensure accurate data transfer from Global to accounting systems (Unit 4, Onestream) at month end
- Provide guidelines and directions to Credit Control team in resolving accounting entries in Global
Budgeting and Cash Flow Management
- Assist Department Head on annual budget exercise
- Monitor cash inflow and outflow for each office
Other Responsibilities
- Any other assignments and ad hoc duties as required by the Company
