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Finance Business Partner (Manager Grade)

Bupa Asia Limited

  • Company Industries:Insurance/Pension Funding

Job Information

  • Post Date:2022-06-30
  • Location:Ngau Tau Kok
  • Employment Type:Full Time, Permanent
  • Job Function:Banking / Finance  Financial Services  Insurance  Others
  • Benefits:Dental insurance, Free shuttle bus, Life insurance, Medical insurance, Performance bonus, Work from home, Five-day work week, Fl

Job Description

Responsibilities: 

  • Effectively manage the reporting, planning and analysis function for all cost related matters. Drive continuous improvement in quality of reporting and commercial insights, particularly regarding staff costs, non-wage costs & corporate costs. Act as a catalyst for change by challenging assumptions and status quo
  • Propose strong commercial advice challenging current business assumptions, including the strategic development for the associated categories (functional cost, staffing/workforce mix, other cost detail analysis, cost recharge from/to, IT cost traditional/arising from new projects, etc.). Be the central point of consolidation, interpretation and advise
  • Responsible for the delivery of the planning cycle for costs including formal budgeting and forecasting processes
  • As a key role in IFRS 17 project implementation, apply knowledge of the new standard requirements to support system implementation and ongoing maintenance
  • Work closely with Group’s IFRS 17 project team, actuarial team as well as external consultants to assess local adoption of Group’s technical accounting policies for HK business and apply the policies to the system implementation
  • Develop and maintenance IFRS 17 accounting rules, accounting closing process and document the processes in the standard operating procedure
  • Support group and local statutory reporting as well as liaison with external auditors
  • Streamlining and enhancement of finance processes to deliver efficiencies
  • Build and maintain trusted relationships with key stakeholders, and develop a strong understanding of the respective function in depth, including key activities and drivers
Qualifications, Training and Experience:
  • Minimum of 6 years of insurance finance experience with at least 2 years at managerial level; candidate with lesser experience will be also considered as Assistant Manager position
  • Finance or Accounting degree holder or above
  • Qualified accountant of international recognised accounting bodies
  • Big 4 candidate is a plus
  • Possess good understanding of IFRS 4 and IFRS 17 requirements for non-life insurance business, concept of accounting entries required under IFRS 4 and IFRS 17
  • Practical experience in finance accounting system implementation, and knowledge of PeopleSoft, Workiva and Tagetik systems is an asset
  • Capable to identify areas of improvement in finance accounting reporting process
  • Organised and discipline in meeting project schedules
  • Strong senses of effectiveness financial control and reporting risk management
  • Be a team player, able to influence to achieve successful outcomes
Bupa offers 5 days’ work per week and comprehensive remuneration packages including base salary, performance bonus, study assistance plan, company pension plan, life and medical benefit, dental benefit, annual leave, examination leave, etc.

Bupa is an equal opportunity employer and welcomes applications from qualified candidates. Information provided will be treated in strict confidence and only be used for consideration of application with Bupa.

Personal data collected will be used for recruitment purposes only. Bupa will be in touch for any opportunities that matches your profile. All personal data of unsuccessful application will be destroyed 24 months from the date of receiving the application. Full version of Data Privacy Notice available upon request.

Company Info

Bupa – A global healthcare specialist

Bupa began in the UK in 1947. We fund and provide healthcare services to fulfil our purpose of helping people live longer, healthier, happier lives. Our diversified services include health insurance, clinics, hospitals, dental centres care homes, and more.

We employ over 80,000 people, principally in the UK, Australia, Spain, Poland, Hong Kong, Chile, Brazil, Saudi Arabia, India, New Zealand, and the US.With no shareholders, we reinvest our profits to provide more and better healthcare for customers.

Bupa is UK’s largest health insurer.* In Hong Kong, we are known as the health insurance specialist providing domestic and international health insurance. We have gained the trust of more than 400,000 individuals, and 3,200 companies including major corporations in public utility and telecom industries.We have been providing quality health insurance for Hong Kong’s civil servants for more than 20 years.

Bupa also provides primary care services through Quality HealthCare Medical Services (QHMS), one of Hong Kong’s largest private clinic networks.

Source: Laing Buisson Health Cover UK Market Report 15th Edition, published 16 October 2018, in terms of market share among private medical insurance providers

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