Finance

A role in Finance is essential for maintaining the company's financial well-being and compliance with regulations. Their responsibilities include preparing financial statements, overseeing investments, and ensuring adherence to accounting standards like IFRS 17. They also contribute significantly to strategic planning by analyzing financial data, which aids in making informed business decisions and staying updated with legislative changes and market conditions that may affect financial reporting and performance.

What does a finance department do?

• Compile and reconcile general ledger accounts to ensure accuracy and completeness.
• Prepare accurate financial reports in compliance with accounting standards and insurance regulations.
• Manage annual budgets and financial forecasts to support strategic planning.
• Conduct detailed financial analysis, including profit and loss, balance sheets, and cash flow statements, to provide insights for decision-making.
• Oversee the company’s investment portfolio, ensuring optimal returns while adhering to risk management policies.
• Handle corporate tax filings, ensuring compliance with local tax laws and regulations.