Job Description

Assistant ManagerEXL/AM/553615

• FaoNoida-Sez Bpo Solutions

• 
  
  Required Experience
  5 - 7 Years
  
  Posted On
  29 Aug 2022

Basic Section

Number Of Positions
1
Band
B1
Band Name
Assistant Manager
Cost Code
5610503
Campus/Non Campus
NON CAMPUS
Employment Type
-
Requisition Type
Backfill
Complexity Level
Back Office (Complexity Level 4)
TAT
56
Created By
Kailash Bhakuni

Organisational

Group
Operations Management
Sub Group
Emerging Business Unit
Organization
FAO
LOB
Back Office
SBU
Operations
Country
India
City
Noida
Center
Noida-SEZ BPO Solutions

Skills
Skill
MS EXCEL COMMUNICATION SKILLS
Minimum Qualification
CA,CWA,CS MBA
Certification No data available


Pricing Decision Template
Job Information: (To be filled by Migrations/Solutions Team Representative)


Position Title/Name:

Assistant Manager

Level / Band:
B1


Complexity
Back Office (L4)

Location/ Country
Noida/India


CEF Score _________________________________________ No. of Expected
FTEs ________________________________

Vertical / F&A / Financial Reporting
Domain __________________________________________ Education Post Graduate/CA/CPA/CFA
/ Certification___________________________________
Shift Hours / 8:30 AM – 5:30 PM EST (6:00 PM –03:00 AM IST) / 5 Days
Working Days __________________________________________ Passport / Visa Passport – Yes
Requirement __________________________________



FULL-TIME PART-TIME

HOURS PER WEEK (Wherever required)



Language Preference (If Any):



For US Employees Only

EXEMPT NONEXEMPT



Primary Role & Responsibility
Minimum Qualification


Job Summary :
The processes involve accounting & reporting work for Insurance Domain, preferably requiring the sound understanding of IFRS Reporting. The role also envisages preparation and consolidation of financial reporting. Professionals would be an individual working on high-end systems and various reporting software applications like Workiva, Eagle Wings and Oracle, for meeting their monthly, quarterly and annual deliverables.

Key Accountabilities :
Operations & Process:

• 
  Support the preparation of the consolidated fair value footnote for inclusion in Forms 10-Q and 10-K filings
• Responsible for review, timely and accurate delivery of GAAP & STAT reporting, disclosures, MD&A, Surveys etc.
• Responsible for timely and accurate delivery of Financial Reporting, disclosures, State filing, Surveys etc.
• Peers(team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required
• Ownership of processes, reports, procedures or products. Subject Matter Expertise in SEC reporting, Notes to accounts, and other Disclosures etc
• Insurance accounting regulatory reporting experience (SSAP knowledge) preferred
• Review of critical journal entries, GAAP/STAT supplements and Notes to accounts before submission to onshore team
• Lead and mentor junior team members
• Liaison with multiple departments (Input providers) during the close to ensure timely completion of deliverables/Collaborate for special projects
• Support quarterly/annual audits by internal auditors, as well as, independent external auditors
• Participate or lead special projects, initiatives, ad-hoc reporting and analysis requests
• Understand & anticipate clients’ business needs/concerns, etc. & proactively resolve the same
• Identify process improvement opportunities to drive efficiencies and enhanced controls
• Ensure adequacy of internal controls over financial reporting and compliance with Sarbanes-Oxley requirements
  

• Masters’ degree in Accounting/CA/CPA/CFA

Minimum Experience
Technical Skills
Soft Skills
Desirable Skills
Product/Process Specific

• 
  CA/CPA/MBA/Post-Graduate in Finance with 5-7 years of experience in Financial Accounting & Reporting (GAAP & STAT Reporting)
• Knowledge of Regulatory reporting, technical accounting principles and SEC reporting requirements
• Hands on experience on Orange, Blue, Yellow or Green blanks
• Capable of working with tight deadlines and lead closure of reporting timelines
• Effectively balance quality, timeliness and accuracy standards
• Experience with financial reporting applications (Oracle BI, Essbase, Workiva, Eagle Wings)
• Proficiency in MS-excel, Power BI & MS PowerPoint
• Excellent quantitative and analytical skills with strong time management, organizational and problem solving skills and the ability to multi task and work in a deadline-driven environment
• Excellent verbal, written and interpersonal communication skills with the ability to interact effectively at all levels across the organization

• 
  Knowledge of Regulatory reporting concepts including accounting standards
• Understanding of Insurance & LLOYD’s market and STAT Principals
• Knowledge of MS Office (Excel, Word, Power BI etc.)
• ERP’s such as Oracle, PeopleSoft, Wdesk, Workday, COGNOS etc.
• Experience with financial reporting applications (Oracle BI, Essbase, Workiva)
• Experience with eXtensible Business Reporting Language (XBRL) tagging

• 
  Proficiency in English
• Excellent Communication / interpersonal skills
• Data gathering ability/ Eye for detail
• Capability to communicate with large teams.
• Process Excellence Methodology.
• Appreciation of the domain needs of the process and its key drivers.
• Reasonable level of business perspective regarding the internal functioning of BPO/EXL.
• Good networking capability and Client facing skills. Goal oriented

• Knowledge about the Insurance Industry in US
• Knowledge of Insurance Regulatory Market
• Knowledge about US Culture

• Self-disciplined and result oriented
• Ability to multi task
• Ability to work effectively as part of a team
• Strong analytical skills
• Attention to detail – especially during transaction processing

(To be filled by HR Team’s SPOC)


Top 3 Sources used

• 
  1. (Competition Mapping)
• 2. (Consultants)
• 3. (Secondary data- published reports)

Rationale for recommendation

• 
  1. .As per Pool Availability
• 2. .
• 3. .

Existing Salary Grid for the Job Complexity


Band

Min

Mid

Max

Band B1


Internal (Salary Range) Parity Data of Existing Employees


Grade

P-10

P-25

P-50

P-75

P-90

Band B1

(To be filled by Recruitment Team’s SPOC)


Recommended Salaries


Band

Min

Max

Band B1


Target Organizations

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  1. .
• 2. .
• 3. .

Competition Analysis

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  1. .
• 2. .
• 3. .

Workflow
Workflow Type
Back Office