Head of Finance (Reporting and Operations)

Bowtie Life Insurance

  • Wan Chai District, Hong Kong
  • Permanent
  • Full-time
  • 1 month ago
Role SummaryBowtie’s mission is to make insurance good again, and our vision is to build a category-defining health insurance company.The Head of Finance will lead the finance function of Bowtie, overseeing financial reporting, financial operations, and compliance while driving financial strategy and process improvements. This role ensures the accuracy of financial statements, the efficiency of financial processes, and the strength of internal controls. The ideal candidate will have strong technical accounting expertise, leadership skills, and experience in the insurance industry.Your Key Responsibilities Include:Financial Reporting & Compliance
  • Oversee the preparation and submission of monthly, quarterly, and annual financial statements in compliance with IFRS/GAAP and regulatory requirements.
  • Ensure timely and accurate reporting to management, auditors, regulators, and stakeholders.
  • Lead the year-end audit process, liaising with external auditors and implementing audit recommendations.
  • Monitor and ensure compliance with insurance regulatory requirements (e.g., IFRS 17, local statutory filings).
  • Develop and maintain accounting policies and procedures to ensure best practices.
Financial Operations & Control
  • Oversee accounts payable, accounts receivable, payroll, and treasury functions, ensuring efficiency and accuracy.
  • Manage cash flow, investments, and capital allocation in alignment with the company's strategy.
  • Strengthen internal financial controls and mitigate financial risks.
  • Optimize financial systems and processes to improve efficiency.
  • Work closely with underwriting, claims, and actuarial teams to ensure the accurate integration of financial data.
Leadership & Strategy
  • Lead, mentor, and develop the finance team, and foster a high-performance culture.
  • Partner with the CFO and executive team on financial planning, budgeting, and forecasting.
  • Provide insights and analysis to support business decisions, profitability, and growth initiatives.
  • Identify and implement cost optimization and process improvement opportunities.
About you
  • Education: Bachelor’s degree in Accounting, Finance, or related field; CPA or equivalent preferred.
  • Experience:
  • 12+ years of progressive finance experience, with 3+ years in a leadership role within the insurance/financial services industry.
  • Strong knowledge of insurance accounting (IFRS 17, SAP, reserving, reinsurance).
  • Solid experience with financial reporting, audit, and regulatory compliance for insurers.
  • Proficiency in ERP systems (e.g., SAP, Oracle, Sage) and advanced Excel skills.
We OfferApart from a great career path and an opportunity to do good and do well, we also offer:
  • Competitive package
  • Flexible work arrangement
  • Benefits include medical/ dental coverage and wellness programs
  • Employee discounts
  • Fun, co-operative, and flexible startup culture
  • Weekly sharing sessions and regular social gatherings
  • Excellent learning opportunities with Professional Development Sponsorship
About BowtieWe are the first licensed virtual insurer (虛擬保險公司) in Hong Kong.We believe that insurance is fundamentally good, and we are here to bring the good back through our passionate, innovative, and customer-centric team.By combining our deep domain expertise and our own proprietary modern technology, we are building one of the most iconic, category-defining health insurance companies in Asia.We take pride in moving fast all the time, and our in moving ahead in the game. Our digital insurance platform is also in Sia Partners' 2023 report.As we grow, we're always looking for highly dynamic, hands-on, and passionate talent to join our team. If you are looking for a rewarding career where you will grow together with strong talents from different backgrounds and build products and services that bring a positive impact on the lives of millions of people in Hong Kong / Asia, apply to our opening today!Information collected will be treated in strict confidence and used solely for recruitment purposes.The company will retain all applications no longer than 24 months of which will be destroyed thereafter.We are an equal-opportunity employer. We do not discriminate on the basis of race, sex, disability, or family status in the employment process.Our purpose is simple - we are here to bring back the good of insurance: protecting people and their families.By combining our deep domain expertise and our modern proprietary technology, we strive to provide better insurance products and world-class insurance experience to the public.In the past 4+ years, we have been providing a wide range of medical coverage to the Hong Kong public. Our sum assured has exceeded US$5 Billion.‍Let's continue to deliver a better insurance experience for all.Let's Make Insurance Good Again.

Bowtie Life Insurance