skillindiajobs
Register for Job
Hyderabad Jobs
Banglore Jobs
Chennai Jobs
Delhi Jobs
Ahmedabad Jobs
Mumbai Jobs
Pune Jobs
Vijayawada Jobs
Gurgaon Jobs
Noida Jobs
Oil & Gas Jobs
Banking Jobs
Construction Jobs
Top Management Jobs
IT - Software Jobs
Medical Healthcare Jobs
Purchase / Logistics Jobs
Sales
Ajax Jobs
Designing Jobs
ASP .NET Jobs
Java Jobs
MySQL Jobs
Sap hr Jobs
Software Testing Jobs
Html Jobs
IT Jobs
Logistics Jobs
Customer Service Jobs
Airport Jobs
Banking Jobs
Driver Jobs
Part Time Jobs
Civil Engineering Jobs
Accountant Jobs
Safety Officer Jobs
Nursing Jobs
Civil Engineering Jobs
Hospitality Jobs
Part Time Jobs
Security Jobs
Finance Jobs
Marketing Jobs
Shipping Jobs
Real Estate Jobs
Telecom Jobs

Manager - Financial Reporting - Life Insurance (4-8 yrs)

4.00 to 8.00 Years   Mumbai City   01 Feb, 2023
Serving Skill
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryRecruitment Services
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

    Manager- Financial Reporting - Life Insurance- To complete the financial reporting in timely fashion and with quality for all stake holders and to facilitate the finance re-engineering role for smooth and efficient financial operations- To be responsible for monitoring statutory audits and limited reviewsKey Responsibilities :- To ensure correct and timely financial reporting to the Group and statutory authorities- To Co-ordinate with statutory auditors and have the timely completion of the limited reviews/ statutory audits- To liaison with various departments and perform variance analysis for all financial statements line items- To design accounting policies and prepare monthly financial statements (IGAAP and IND AS) along with the monthly projections.- To ensure compliance of financial reporting guidelines as per IRDAI and IND AS requirements for Group reporting- To perform analysis on all financial reports, identify trends and develop improvement plans.- To implement IND AS module and ensure IND AS accounting entries are captured in the system.Specific Authorities( Financial & Non Financial)- Not ApplicableHR/ JD/ Ver1.0/1 st Feb 2020Internal Key Performance Indicators :- Timely submission of the financial statements to the Group as per group timelines of each month - 100% compliance- Timely submission of IRDAI Report - 100% compliance- Error in financial statement & IRDAI Report Qualifications :- Chartered Accountant- Experience- 4-8 Years- Base skill Understanding of organizational systems, process and productsFunctional Competencies :- Insurance Accounting skills - Knowledge of Insurance Sector- Other Basic Accounting skills -Strong understanding of Accounting for Operating Expenses- Financial statements and reporting- Regulatory knowledge- Insurance/Financial Industry knowledge- Taxation knowledgeBehavioral Competencies :- Business Acumen- Execution Excellence- CollaborationKey Interactions :Internal Nature or purpose of interaction- Actuarial team- Liaison with the Actuarial team in getting the reserves and numbers- Operations team, Revenue accounting and Accounts payable team- Liaison with different teams and obtain the reasons for any big variations in the numbers reported and ensure correct reporting.- Investment team - Liaison with Investment team for the investment income and Investment trial balance as per the required timeframes- Compliance Team - For all Regulatory reporting- Corp MIS and - Liaison with Corp. MIS team to provide the monthly projectionsHR/ JD/ Ver1.0/1 st Feb 2020Internal :- Hyperion Reporting (IGAAP and IND AS) and monthly trial balances to Group ConsolidationExternal Nature or purpose of interaction :- Statutory Auditors - For audit planning, execution and ensuring clean audits,

Keyskills :
key performance indicatorstrial balancelife insuranceaudit planningstatutory audit

APPLY NOW

Manager - Financial Reporting - Life Insurance (4-8 yrs) Related Jobs

© 2020 Skillindia All Rights Reserved