Jang Su Yin Chong
Accounting Deputy Director at MAPFRE PANAMA- Claim this Profile
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Bio
Credentials
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GREA
IEBJul, 2016- Nov, 2024 -
CPA
Junta Técnica de Contadores de PanamáMay, 2012- Nov, 2024
Experience
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MAPFRE PANAMA
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Panama
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Insurance
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100 - 200 Employee
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Accounting Deputy Director
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Jun 2015 - Present
• Prepared financial statements as needed by key stakeholders.• Co-led of the IFRS 17 and IFRS 9 implementation. • Executed the SAP ERP implementation.• Established the new chart of accounts• Analyzed company’s financial results on a monthly basis in order to identify and reduce future deviations versus financial forecast. • Improved internal controls by establishing, reviewing, and enforcing finance and accounting policies.• As a member of the Investment Committee in charge of managing the financial investments, recommended and presented opportunities to the Committee. • Boosted the company’s efficiency and agility by streamlining the Brokers’ Commissions and Reinsurance Backoffice processes. • Calculated the profit share related to proportional reinsurance treaties.• Supervised and led the Finance and Accounting Team (9). Show less
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Treasurer
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Jan 2014 - Jul 2015
• Prepared financial statements as needed by key stakeholders.• Enabled the company to meet its cash flow requirements by ensuring bank account balances were enough to cover the operations’ cash outflows. • Negotiated lower bank fees and better interest rates by building and maintaining good relationships with banks’ representatives.• Increased the company’s investments ROI by analyzing opportunities and presenting them to the Investment Committee. • Led the implementation of the banking conciliation system which improved the company’s cash management. • Forecasted investment earnings to support the budget planning process. • Facultative reinsurance conciliations with reinsurers and brokers. • Supervised and mentored the Investment Assistant (1). Show less
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Investment Assistant
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May 2011 - Jan 2014
• Responsible of the Investment Department back-office activities. • Invested any excess liquidity following the company’s guidelines. • Prepared the investment reports required by Management and the Regulator.
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Education
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Universidad Interamericana de Panamá
Master's degree, Finance -
Universidad Interamericana de Panamá
Bachelor's degree, Accounting