You desire impactful work.
You'reRGA ready
RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among itsWorld's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
General Summary
Ensure Indian GAAP/ US GAAP reporting requirements are met. Ensure regulatory compliance for India companies is maintained and support the management of the financial operations for RGA India (Global Shared services, Irish entity as well as Branch)
Manage the financial operations and reporting for RGA India.
Ensure completion of periodic returns to proper authorities
Prepare budgets and business plans for India
Coordinate and liaise with external and internal auditors
Review and ensure that a sound and robust Internal Control Process is in place- including the documentation of controls and reconciliations.
Review the work done by the Senior Manager Accounts. / Assistant Manager Accounts.
Coordinate with Reinsurance Admin for timely completion of Month End Activities.
Work on various ad hoc projects and development opportunities
Key Responsibilities
Manage financial accounts for RGA India
In collaboration with CFO, provides direction for sound financial controls, practices and procedures for RGA India
Influence the business on strategic financial planning, monitoring and projection processes.
Manage the month, quarter and year-end close-down process
Prepare monthly management accounts in preparation for review
Prepare, analyse and review monthly financial results for quality/accuracy and consistency. Provide analysis of unusual fluctuations
Agree on deadlines and communicate month-end/year-end closedown programme to key stakeholders, and follow-up with them on deliverables
Schedule progress meetings to ensure that information is received as per agreed time-table and ascertain impact if deadlines are missed
Ensure group and local reporting requirements are met timely and at appropriate quality.
Liaise with administration, valuation and pricing to produce financial transactions and results.
Assist with reviewing policy account balances including Premiums Receivable and assisting with addressing collection issues with Premium Receivable.
Develop and maintain processes to provide relevant financial management information to be used for strategic and operational decisions and also allows the company to measure its performance against local and group benchmarks
Help maintain the accounting processes and controls of the India financial reporting process including keeping the Sarbanes-Oxley process narratives up to date.
Ensure effective cash management, including monitoring future cash requirements and ensuring efficient levels of funding are available
Ensure completion of periodic returns to proper authorities
Ensure completion of regulatory returns, tax filings and annual financial statements
Ensure compliance with tax requirements
Coordinate local tax issues with RGA's SVP of Global tax Prepare budgets and participate in preparation of the business plans for RGA India.
Coordinate annual budget setting process
Monitor and ensure compliance with Sarbanes-Oxley requirements, under direction of divisional management
Preparation and updating of SOX Narratives and sox Narratives sign off.
Monitor the cash flow and Investment portfolio of RGA India, including other portfolios that relate to the Indian business with STL team.
Have ownership of day to day relationship with the STL Investments team
Requirements
Formal qualifications
A qualified Chartered Accountant
Good command over written and spoken English
Work Experience
8-10 years of middle management work experience in an insurance accounting role
Experience with Company Secretarial and Tax work will be an advantage
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