Job Purpose
- Lead Bupa HK’s daily Accounts Payable (AP), Accounts Receivable (AR), Banking, Provider Relationship and payments services across the Hong Kong Business Unit
- Play a pivotal role in overseeing and optimizing the financial operations of Bupa Hong Kong Oversee the tax and financial reporting processes of Bupa HK, ensuring compliance and contributing to strategic financial planning
- Drive efficiency, implement best practices, and ensure the accuracy and compliance of financial transactions.
- Requires a seasoned professional with a comprehensive understanding of finance processes, a strategic mindset, and exceptional managerial skills
- Perform ad-hoc tasks and participate in other projects as required
- Bupa’s Finance Operations are delivered through an operating model consisting of an onshore team in Hong Kong and an offshore team in Jaipur India and Foshan, China.
Responsibilities
- Finance Operations Management – Oversee AP, AR, Banking and Provider Relationship and payments functions. Develop and implement strategies to streamline financial processes, enhance efficiency, and reduce manual intervention. Continuously assess and improve financial workflows to align with industry best practices and regulatory requirements. Establish and maintain an effective operational cadence with Bupa's off-shore partner for areas of responsibility whilst driving continuous improvement.
- Cash Flow Management – Monitor day-to-day cash position. Budget and forecast for daily cash movements including collections and payments.
- Team Leadership – Lead and mentor a team of finance professionals, fostering a culture of collaboration, accountability, and continuous improvement. Provide guidance and support for career development, ensuring the team is equipped with the necessary skills to excel in their roles.
- Risk Management and Compliance – Ensure adherence to financial regulations, accounting standards, and internal policies. Proactively identify and mitigate financial risks, working closely with internal audit and compliance teams.
- Vendor Management – Manage relationships with the off-shore partner and financial service providers. Negotiate terms and contracts to optimize cost-effectiveness and service quality. Strong management of the performance of the off-shore partner by closely monitoring the key performance indicators to service level agreement. Actively participate in and improve the established governance framework between Bupa and its off-shore partner.
- Financial Reporting – Work with Head of Financial Control and Operations to lead monthly financial closing process and produce financial results as needed, including for quarterly Finance Director declarations, Forecast Close, Three-Year Plan and Audit Committee. Ensure all operational processes are well controlled and manage the reconciliation activities to confirm accuracy.
- Audit Management – Coordinate and manage audits, including liaising with external auditors, and preparing documentation as needed.
- Systems and Technology Integration – Assess, implement, and optimize financial systems to enhance automation, data integrity, and reporting capabilities. Stay abreast of emerging technologies and recommend innovative solutions to improve financial operations.
- Continuous Improvement and Automation – Champion a culture of continuous improvement within the finance operations team, encouraging innovation and efficiency gains. Drive initiatives for process automation to enhance operational efficiency. Identify opportunities for improving financial processes through technology and innovative solutions.
- Support other ad hoc projects.
Qualifications, Training and Experience
- 10 years proven experience in finance operations, banking, accounts payables or accounts receivables officer role or similar in a large and complex corporate
- 3 years proven experience in a people lead, performance management and continuous improvement capacity
- Finance or Accounting degree holder or above
- Qualified accountant of international recognised accounting bodies is a plus
- Big 4 candidate is a plus
- Strong understanding of financial regulations, compliance, and risk management
- Proven experience executing finance operations processes and procedures in a high volume and complex environment as required
- Effective communication and interpersonal skills with the ability to collaborate across departments.
- Advanced Microsoft Excel and Word skills
- Good knowledge of accounting principles is mandatory
- Excellent analytical and problem-solving skills.
- Prior exposure to ERP or similar software applications
- Prior exposure to implementation of process automation technology will be an advantage
- Excellent written and verbal communication skills.
Bupa offers 5 days’ work per week and comprehensive remuneration packages including base salary, study assistance plan, company pension plan, life and medical benefit, dental benefit, annual leave, examination leave, etc.
Bupa is an equal opportunity employer and welcomes applications from qualified candidates. Information provided will be treated in strict confidence and only be used for consideration of application with Bupa. Personal data collected will be used for recruitment purposes only. Bupa will be in touch for any opportunities that matches your profile. All personal data of unsuccessful application will be destroyed 24 months from the date of receiving the application. Full version of Data Privacy Notice available upon request.
