Finance Manager

We are somewhat different

Hannover Re - more than 3,500 employees at locations all over the world.

Our strength? Connecting Power: We rely on each other.

As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world as well as a reliable employer.

We are a major player in the Life & Health reinsurance market in Australia and New Zealand and we have the benefit of being small and nimble but with the financial backing of one of the largest reinsurers in the world.  We currently have an exciting opportunity in our Life & Health subsidiary in Sydney which plays a major part in the success of Hannover Re globally. 

We are seeking a Finance Manager. The role will be a permanent position reporting directly to our General Manager Finance & Company Secretary.

About the role

As a Finance Manager you will be responsible for the daily operations of Finance Department. These operations include financial, prudential and management reporting, maintenance of the general ledgers, cash receipts, cash payment and bank reconciliations, statutory compliance and management of Finance operational staff.  

Duties and Responsibilities:

Operational

• Managing and developing operational staff in the Finance Department including managing priorities to enable HLR Aus to meet its’ financial responsibilities

• Preparing key financial outputs in accordance with timetables

• Maintaining the integrity of data in the general ledgers

• Ensuring appropriate effective controls are in place within Finance functions

• Ensuring the integrity and efficiency of the payment, receipt and bank reconciliation process

• Managing the cashflows and liquidity position of the various bank accounts and liaison with UBS, local investment manager

• Liaising with Actuarial and Technical Accounting to obtain an understanding of the technical data in the general ledger

• Ensuring compliance with all statutory, regulatory and Company obligations

• Organising and managing external relationships with banks.

IFRS17 Financial Reporting

• Being responsible for preparing reporting packages including Local quarterly reporting and quarterly & annual APRA & RBNZ submissions

• Being responsible for the compilation of the annual financial statements for Australia and New Zealand

• Assisting with the compilation of BACC & Board papers each quarter.

Payment Reporting Times Scheme (PTRS)

• Being responsible for preparing the six-monthly PTRS report for the Board and its lodgement to the portal.

About You:

Experience & Qualifications:

• Advanced level excel skills with an undergraduate degree in Finance, Accounting or Economics or equivalent

• Intermediate to advanced level PowerBI skills

• Demonstrated people and relationship management skills with a track record of leading and supporting high performing teams

• Strategic thinking capabilities

• Ability to liaise at Board and senior level

• Excellent organisation, attention to detail and ability to prioritise effectively

• Clear and effective communication both written and verbal

• Strong analytical and problem-solving skills

• Ability to work with minimal supervision and as part of a team

Personal Qualities:

• Strategic

• Resourceful

• Highly self-motivated

• Professional

• Versatile

• Diplomatic

It is a requirement that all applicants have unlimited rights to work in Australia i.e. must either be an Australian citizen or have permanent residency.

 What do we offer you:

Are our values “Responsibility”, “Drive” and “We-Spirit” aligned with yours?  We foster a culture of respect in our workplace, supporting and encouraging respectful communication and behaviours, acknowledging differences and honouring the people we interact with, taking the time to understand their needs and perspectives. 

Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual respect and a readiness to help. 

Benefits:  We value every individual and consider our people to be important to the success of our business with each of us working together to contribute to a common success.  Structured onboarding, hybrid working arrangements, EAP as well as modern offers for personal development and wellness activities, we prioritise employee wellbeing and engagement.

Prospects: You contribute your specialist and methodological expertise, and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

Only together can we achieve our objectives.

Would you like to find out more about Hannover Re Australia? Visit our careers site: https://www.hannover-re.com/de/local-offices/australia/career/

We not only offer a job and a title, but if you are looking for an organisation which values its people and is “Somewhat Different”, then we want to hear from YOU!   All you need to do is hit apply.

No agencies please.