Head of FP&A & US-GAAP Controllership

Posted:
7/16/2024, 5:00:00 PM

Location(s):
Seoul, South Korea

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Head of FP&A & US-GAAP Controllership, Korea

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Head of FP&A and US-GAAP Controllership to play your part in that transformation.

Make your mark in Finance

Our Finance team plays an essential role in maintaining a healthy balance sheet at AIG. It delivers significant finance support for the overall enterprise, optimizing operations, controllership, funding, and capital structure to honor our stakeholder commitments. The team’s work is invaluable to informing leadership decision making, complying with regulatory requirements, and maintaining financial discipline, transparency and controls, while providing timely and meaningful information.

Key Responsibilities:

Head of FP&A

  • Ensure a strong and robust Budget/Forecast process through planning, timely, quality and appropriate communication, thought & consideration of key elements and driver
  • Provide Business with regular management and financial reporting, covering Actual, Forecast, Budget and long-term planning (3Y) information alongside insightful analytics to support decision making
  • Support the Businesses with greater analytics around the Business, to promote discussions around strategy, performance, and any actions needed
  • Develop close links with the Finance/Expense Business Partners and the Business team to enable and facilitate business decision making with regular data for pro-active LOB management and for detailed Forecast projections
  • Ensure continuous and effective support to country CEO, CFO and the Business team, and resolve issues where applicable through process deep-dive and alignment with Regional team
  • Improve the Expense transparency
  • Empower the team through clear goals, roles & responsibilities while supporting development through coaching and feedback.
  • Consistently strive for excellence in team bonding & establishing/monitoring talent development opportunities for each team members to "be the employer of choice"
  • Develop and maintain strong personal and professional relationships with clients

US-GAAP Controller

  • Responsible for financial statement disclosure via overseeing the monthly close to ensure timely compliance, accurate financial reporting and compliance with USGAAP
  • Managing all accounting divisions incl. GL, AR, and Shared Services
  • Defining and updating accounting processes to ensure adherence to US-GAAP financial reporting standards
  • Proactively participate in various projects relating to financial closing activities with regional and global counterparts
  • Dealing with internal and external audit activities in ensuring a timely resolution over issues if any
  • Collaboration with various departments in Finance (Actuary/Investment/Capital/Reinsurance) to achieve Finance/Company goals

Key Capabilities:

  • Detailed understanding of a profit & loss statement/ balance sheets for insurance business
  • Strong analytical skills and proficient working knowledge of reporting systems
  • Detailed understanding of USGAAP
  • Sound experience in Finance and Accounting in an international business environment  
  • Strong analytical skills and proficient working knowledge of Financial Information System (SAP)
  • Process-oriented with a drive for continual improvement in operation
  • Results oriented and highly accountable
  • Strong leadership capabilities
  • Fluent in both Korean and English

Key Experience:

  • 15+ years of experience incl. 5+ years of relevant work experience in the insurance industry
  • Experience in managing teams/people
  • Be part of a collaborative culture that is high performing, dynamic and fast-faced
  • Relevant professional qualification (USCPA) preferred

#LI-SK1

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

Functional Area:

FA - Finance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Korea Inc. (South Korea)

American International Group

Website: https://aig.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1919

IPO Status: Public

Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management