Elaine Chiong Yee Ling

Head of Reporting at Allianz General Insurance Company (Malaysia) Berhad

Selangor, Malaysia

About

Qualified accountant with 22 years of professional experience in auditing, and insurance industry specializing in financial reporting, budgeting, regulatory and sustainability reporting. Proven expertise in implementing IFRS17, leading reporting functions, and driving system enhancements. Skilled at performance management, mentoring teams, managing complex projects, and proven ability to perform under pressure and ensure timely delivery of outcomes while effectively managing BAU activities, projects, and ad-hoc responsibilities.

Experience

  • Allianz General Insurance Company (Malaysia) Berhad (18 yrs 2 mos)
    • Head of Reporting
      Jan 2024 - Present · 2 yrs 7 mos

      •Overseeing Local, Group, Budgeting, Sustainability, Bursa and Regulatory reporting function, and Auditing under MFRS4, MFRS17 and IFRS17 frameworks.  •Leading, coaching, and developing a team of five by managing knowledge transfer, work allocation, talent retention, skill development, and providing growth opportunities with exposure to higher management. •Ensure adherence to accounting standards, regulatory requirements and tax regulations. •Driving cost budgeting and monitoring financial KPIs to ensure alignment with company goals. •Driving enhancements to systems and tools to meet changing regulatory requirements and business needs. •Collaborating with Strategic & Planning, Actuarial, Risk, and Compliance teams •Providing supports and guidance to other Allianz’s OE to replicate our company’s operational models and best practices.

    • Financial Reporting Manager
      Jul 2019 - Jun 2024 · 5 yrs

      •Played a key role in the implementation of both MFRS17 and IFRS17, including interpretation, adoption, system enhancements & modifications, and collaboration with external auditors. •Led the transition to SAP and ARGO accounting systems. •Supported the submission process for Planning/Budgeting to Regional & Group office. •Supported yearly and monthly budgets for KPI monitoring and strategic planning. •Re-work on activity-based costing (ABC) model to meet changing business and reporting needs.

    • Strategic & Planning Manager
      Apr 2017 - Jun 2019 · 2 yrs 3 mos

      •Formulated and executed business strategies to align with company goals. •Managed budgeting, planning, and resource allocation across various levels. •Conducted productivity analysis to drive improvements and cost savings. •Drove productivity improvements and cost savings to meet Company’s objective. •Involved in research, or preparation of requests/slides for internal audience, Senior Management and external parties. •Secretary to Finance Committee. •Attended to ad-hoc queries or tasks as requested by Group, or Regulatory bodies. •Sales and cost analysis and support. •Supported merger and acquisition valuations and performed cost benefit analysis.

  • Senior Executive at Sam & Co
    Dec 2004 - May 2008 · 3 yrs 6 mos

    •Led statutory audits and engagement teams for diverse clients in the trading, manufacturing, and construction sectors. •Prepared and filed corporate tax computations for regulatory compliance.