Assistant Financial Controller Role

On behalf of one of our clients, we are seeking an Assistant Financial Controller to support the Finance operations across the Gibraltar and Malta entities. This role is ideal for a technically strong accounting professional who enjoys working with detailed insurance data, complex reconciliations, and end‑to‑end financial processes.

If you're passionate about accuracy, controls, and becoming a key technical reference point within the finance function, this could be the perfect next step.

Key Responsibilities:

• Manage the full technical accounting workflow for premiums, claims, commissions, and all gross insurance transactions.
• Extract, validate, and process underwriting and claims bordereaux, ensuring complete and accurate data transfer into the finance systems.
• Prepare monthly reinsurance workings (treaty, XOL, facultative) and post all associated journal entries.
• Calculate unearned premiums, commission income, deferrals, and maintain strong control over related balance sheet accounts.
• Perform detailed reconciliations for key accounts, including trade debtors and reinsurance partners, ensuring the integrity of the ledgers.
• Lead the technical components of month‑end close and support the Financial Controller with accurate journal postings for management accounts.
• Provide initial variance analysis against budget and prior year, and contribute validated data for forecasting and budgeting exercises.
• Analyse broker performance against TOBA frameworks and support profit commission accruals.
• Provide timely and accurate data for audits, actuarial reviews, and regulatory requirements.
• Collaborate with Underwriting, Claims, Actuarial and regional Finance teams to ensure alignment and consistency across all reporting outputs.
• Identify opportunities to strengthen processes, controls, and efficiency within technical accounting and financial reporting.

Ideal Candidate Profile:

• Fully qualified accountant (ACA, ACCA, CPA, or equivalent).
• Minimum 3 years of post‑qualification experience in insurance accounting or financial control.
• Strong technical understanding of insurance and reinsurance accounting principles.
• Proven experience with reconciliations, technical postings, and month‑end close processes.
• Advanced Excel skills; experience with SAP, Oracle, or similar systems is advantageous.
• Exceptional attention to detail with a high commitment to data accuracy.
• Strong analytical mindset with the ability to resolve complex accounting issues.
• Excellent communication skills and a collaborative approach to cross‑functional work.
• Experience in the Malta insurance market is essential; Gibraltar exposure is a plus.

Job Info:

Type of Contract: Indefinite
Salary: Based on experience
Benefits: KPI Bonus
Work Setting: Hybrid
Working Days: Monday to Friday
Working Hours: 08:30 – 17:00
Travel: Occasional travel between Gibraltar and Malta may be required
Candidate Location: Must currently reside in Malta