Manager, Controllership (Regional & Insurance)

Job description

Get to Know the Team The Country Finance team is instrumental to Grab's success, overseeing financial planning, risk management, record-keeping, and reporting. The team fosters a collaborative culture, encouraging idea-sharing and learning while maintaining a emphasis on work-life balance. Our strategic efforts directly contribute to Grab's financial stability and growth, ensuring compliance and transparency with all internal and external partners. Overall, the Finance team drives Grab's innovation and success. Get to Know the Role We are looking for an experienced controllership professional with a deep insurance accounting, audit, and regulatory reporting expertise to join our Controllership team in Malaysia. This is a broad, multi-entity role covering regional controllership for a portfolio of regional entities alongside end-to-end controllership for our insurance and training entities in Singapore and Malaysia. Beyond these entities, you will be the adviser to the wider regional insurance business on accounting, reporting, and regulatory matters. You will own the integrity of the financial records and regulatory submissions for the entities in scope, act as the technical accounting reference point on insurance matters across the region, and partner closely with the insurance business, actuarial, regulatory compliance, and country. You will be reporting to the Manager, Finance Controllership and be base at our Malaysia office in Petaling Jaya, Selangor. The Critical Tasks You Will Perform Entity and Regional Controllership: Own the month-end and year-end close for the entities in scope (Regional operations entities, Singapore and Malaysia insurance and training entities), ensuring accounting records are complete, accurate, and delivered to Group timelines. Prepare and review statutory financial statements under applicable reporting frameworks, and manage the relationship with external auditors through to sign-off. Maintain a robust control environment across the entities, including balance sheet reviews, reconciliations, and intercompany positions. Insurance Accounting and Technical Reporting: Act as the subject matter expert on insurance accounting, including premium and claims recognition, reinsurance arrangements, acquisition costs, and insurance contract liabilities. Work with actuarial and business teams to translate reserving and valuation outputs into the financial statements, and challenge inputs. Assess and document the accounting treatment of new insurance products, distribution arrangements, and corporate transactions. Regulatory Reporting and Compliance: Oversee the preparation and submission of insurance regulatory returns and statutory filings on time in Singapore and Malaysia. Monitor solvency and capital adequacy positions, and flag latest issues to management early. Stay informed about regulatory and accounting developments affecting the insurance entities, and lead the assessment and implementation of any resulting changes. Regional Insurance Advisory: Act as the regional finance adviser to the insurance business and country finance teams in markets without a dedicated insurance entity. Advise those markets on reporting requirements, local regulatory considerations, and the finance implications of distribution partnerships and market launches. Provide a consistent regional view on insurance accounting policy, and act as the escalation point for country teams on technical insurance questions. Support the finance process on new market entry or new insurance propositions, including the setup of reporting and control processes. Financial Advisory and Business Partnering: Provide advice on both business-as-usual and new business activities, focusing on the financial, regulatory, and capital implications. Collaborate with insurance business leads, regional finance, tax, treasury, and legal to deliver insights that support strategic decision-making. Risk Management and Process Optimisation: Offer guidance to other departments to improve and mitigate business risks. Strengthen processes and controls as the insurance business scales, driving simplification and automation. Leadership and Development: Foster a culture of ethical practice and continuous improvement to ensure accurate and consistent accounting activities. Guide and train team members and country finance counterparts to align capability with organizational goals and regulatory requirements. Ad-hoc Responsibilities: Adapt to dynamic business needs and contribute to special projects, system implementations, and entity or structural changes. What Essential Skills You Will Need Education & Professional Qualifications: Bachelor's Degree in Accountancy, Finance, or a related discipline Recognized professional accounting qualification (CA Singapore, ACCA, CPA, or equivalent) is required Experience & Background: Minimum 8 years of relevant accounting experience, with a substantial portion in the insurance sector Demonstrated expertise in insurance audit with a public accounting firm, or in an accounting, controllership, or regulatory reporting role within an insurance organization Experience managing multiple legal entities and reporting deadlines across jurisdictions Experience with month-end and year-end close cycles, statutory financial statement preparation, and external audit coordination Experience leading finance teams and driving organizational change projects in a fast, high growth environment Technical Skills and Domain Expertise: Sound technical grounding in insurance accounting, including premium and claims recognition, reinsurance arrangements, acquisition costs, and insurance contract liabilities Comprehensive expertise in the preparation of insurance regulatory and statutory returns Advanced proficiency in enterprise resource planning systems, such as Oracle ERP Sound Excel and financial modeling capabilities Proficiency in financial controllership platforms and data analytics tools Comprehensive knowledge of GAAP/IFRS accounting standards and their application to complex transactions Expertise in balance sheet management, accounting policy development, and financial governance Familiarity with AI-driven accounting tools, automated workflows, and advanced data analytics is advantageous Good-to-Have (Plus Points): Familiarity with the Singapore insurance regulatory framework (MAS Insurance Act and the risk-based capital regime) and the Malaysian framework (Bank Negara Malaysia) Practical experience with IFRS 17 and IFRS 9 implementation or ongoing reporting Exposure to regional or multi-country controllership Experience with digital or embedded insurance business models Experience supporting regional holding or intermediate holding entities in a group structure Life at Grab We care about your well-being at Grab, here are some of the global benefits we offer: We have your back with Term Life Insurance and comprehensive Medical Insurance. With GrabFlex, create a benefits package that suits your needs and aspirations. Celebrate moments that matter in life with loved ones through Parental and Birthday leave , and give back to your communities through Love-all-Serve-all (LASA) volunteering leave We have a confidential Grabber Assistance Programme to guide and uplift you and your loved ones through life's challenges. Balancing personal commitments and life's demands are made easier with our FlexWork arrangements such as differentiated hours What We Stand For At Grab We are committed to building an inclusive and equitable workplace that provides equal opportunity for Grabbers to grow and perform at their best. We consider all candidates fairly and equally regardless of nationality, ethnicity, race, religion, age, gender, family commitments, physical and mental impairments or disabilities, and other attributes that make them unique. About Grab and Our Workplace Grab is Southeast Asia's leading superapp. From getting your favourite meals delivered to helping you manage your finances and getting around town hassle-free, we've got your back with everything. In Grab, purpose gives us joy and habits build excellence, while harnessing the power of Technology and AI to deliver the mission of driving Southeast Asia forward by economically empowering everyone, with heart, hunger, honour, and humility.