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Job Location | Mumbai City |
Education | Not Mentioned |
Salary | Rs 6 - 12 Lakh/Yr |
Industry | Insurance |
Functional Area | Finance / Accounts / Tax |
EmploymentType | Full-time |
Key Responsibilities:Analytical review of operating expense (Detailed trend analysis, opex variance analysis by comparing plan vs actual, last year vs Current year etc)Identify and initiate for expense efficienciesAutomation of various manual process in AP function & Work with IT for AP systems enhancementsOverall monitoring and control of monthend provision and opex closureStake holder and team managementPeriodic reporting and presentation to the management on operating expensesTracking, review and monitoring of key opex and Capex payoutsReview of AP process for simplification and effectiveness perspectiveRegular review of expense and Balance sheet accounts related to AP function and work towards closure of any open/pending/un-reconciled items and ensure ageing of the receivable and payable balances are in controlReviewing of Fixed Assets accounting (Capex review) and monitoring of FAR reconciliations and Vendor reconciliationsIRDA/Monthly and quarterly reporting requirements of local Management, NYHO and RegionManage STAT audit(Half yearly and Annual), Internal audit, compliance requirements and IRDA inspection related requirements
Keyskills :
irdastatintelligent networksfaropexbalance sheetvariance analysisanalytical reviewoperating expensesreporting requirementsteam managementinternal audittrend analysismanualquarterly reportingcapexfinancial justificationfixed assets