Global Accounting And Treasury Manager

Global Accounting And Treasury Manager
Lisboa
Lisboa, Lisboa, Portugal

Company Overview:

A leading international insurance and financial services group with operations across multiple jurisdictions and specialized lines of business, focused on service excellence, underwriting discipline, and sustainable profitability.

Role Summary:

The Head of Group Accounting & Treasury is responsible for ensuring financial integrity, regulatory compliance, and strategic cash flow management across all global insurance operations. This role manages all
- level accounting, treasury, tax strategies, audit, consolidation processes, and directly supervises a team of regional Financial Controllers and their supporting local accounting teams. The position is critical to maintaining solvency ratios and statutory reserve compliance across all regulated entities.

Key Responsibilities:

• Develop and implement group accounting policies aligned with IFRS 17, local GAAP, and insurance regulatory frameworks.
• Oversee group tax strategies, direct and indirect tax compliance, and planning across all insurance and reinsurance entities.
• Lead group transfer pricing initiatives and maintain comprehensive documentation for
  - company premium flows and cost allocations.
• Ensure compliance and accurate reporting for debt financing, reinsurance arrangements, and
  - related liabilities.
• Direct group treasury strategy, manage cash flow, liquidity, and implement
  - wide internal controls to maintain solvency ratios.
• Oversee monthly consolidation of accounts for all legal entities, ensuring statutory reserve adequacy and timely financial statements.
• Manage audit processes for the group, working closely with internal and external auditors, as well as insurance regulators.
• Mitigate foreign exchange and
  - related risks through appropriate hedging and management strategies.
• Oversee holding entities and insurance vehicles (such as captive structures and reinsurance entities), ensuring optimal funds flows and accounting accuracy.
• Lead acquisition accounting (including purchase price allocation) and fund flows for any M&A or insurance portfolio acquisitions.
• Advise senior leadership on financial, treasury, compliance, and regulatory risks specific to insurance operations and capital adequacy requirements.
• Drive process improvement and internal control enhancements throughout all finance operations to support audit readiness.
• Lead, develop, and coach a team of regional Financial Controllers and their supporting local accounting staff.
• Ensure alignment with insurance industry best practices and
  - wide financial governance.

Team Leadership:

• Direct management of Financial Controllers for regional insurance business units, with responsibility over their activities in statutory accounting, claims reserves, ledger management, monthly close, reconciliation, cash forecasting, reserve validation, and regulatory audit.
• Oversight and professional development for local accountants reporting into regional controllers, ensuring expertise in insurance accounting and reserve adequacy.
• Foster a
  - performing, compliant, and collaborative finance team culture across international locations.

Skills & Qualifications:

• Degree in Finance, Accounting, Economics, or related discipline;
  
  CPA, ACCA, or equivalent certification preferred.
• Minimum 4 years' progressive experience in insurance or financial services group accounting, treasury, and finance roles.
• Proven expertise in insurance accounting (including IFRS 17 implementation experience), statutory compliance, tax, cash/treasury management, and audit.
• Deep knowledge of insurance regulatory requirements, solvency frameworks, and reserve adequacy methodologies.
• Prior management of
  - border, distributed finance teams in regulated industries.
• Strong technical and leadership skills, with experience driving finance process improvements and regulatory submissions.
• Outstanding communication and stakeholder management abilities, including experience liaising with insurance regulators.