Financial Regulatory & Reporting

Maintaining proper General Ledger records:

• Assist in maintaining the General Ledger (GL) system and ensuring the chart of accounts kept accurate and updated
• Perform assigned GL account reconciliations and assist in reviewing reconciliations to ensure accuracy and completeness of entries
• Support in the preparation of month-end and year-end closing process
• Ensure adherence to existing control processes and highlight any irregularities or unusual transactions

External Financial Reporting:

• Assist in preparing the Annual Report & Accounts (ARA), including supporting schedules for financial statements and board reports
• Coordinate with external auditors during quarterly and annual audits by providing required data and draft explanations for key variances
• Draft financial statement notes and disclosures
• Support the audit process by preparing working papers and responding to information requests

Internal Financial Reporting:

• Assist in preparing monthly flash and actuals reports for Bupa UK, including first-draft narratives on variances from plan and prior periods
• Contribute to the monthly performance report by compiling data and conducting initial reviews before submission for manager review
• Support ad hoc internal reporting requirements and stakeholder queries under manager supervision.
• Act as backup support for month-end tasks when the manager is unavailable

Internal Financial Reporting:

• Assist in preparing monthly flash and actuals reports for Bupa UK, including first-draft narratives on variances from plan and prior periods
• Contribute to the monthly performance report by compiling data and conducting initial reviews before submission for manager review
• Support ad hoc internal reporting requirements and stakeholder queries under manager supervision.
• Act as backup support for month-end tasks when the manager is unavailable

Regulatory Reporting:

• Prepare initial drafts of regulatory returns and submissions to the Insurance Authority, ensuring timely and accurate reporting
• Compile data and responses for regulator queries and collaborate with relevant teams for accurate information
• Maintain a tracker of regulatory deliverables and coordinate with stakeholders for required inputs

Internal Controls:

• Ensure compliance with established internal control procedures and report any exceptions or process gaps
• Support cost center allocation reviews and highlight potential misclassifications for correction
• Assist in the documentation and enhancement of financial accounting procedures and control processes

Regulatory Reporting:

• Prepare initial drafts of regulatory returns and submissions to the Insurance Authority, ensuring timely and accurate reporting
• Compile data and responses for regulator queries and collaborate with relevant teams for accurate information
• Maintain a tracker of regulatory deliverables and coordinate with stakeholders for required inputs

• Big 4 firms experience
• Saudi Insurance experience is a plus
• IFRS / SOCPA knowledge
• Knowledge of IA reports, rules and guidelines
• Competent in both Arabic and English languages written and spoken