Job Description

• Ensure Accurate and Complete Financial Reporting in a timely manner
• Ensure accurate accounting related to Revenue, Accounts Payable and Fixed Assets
• Lead and coordinate with statutory and internal auditors
• Understanding of IFRS (Ind AS) accounting for Indian Companies
• Strong analytical and reconciliation skills to ensure strong internal controls implementation and review

Finance Reporting and Audit

• To ensure accurate accounting related to Accounts Payable, Fixed Assets and Tax
• Ensuring the vendor invoices are processed on timely basis and as per agreed SLA with function

Account Reconciliation, Balance Monitoring and Regulatory Reporting

• Analysis of Balance Sheet Codes and ensuring balances are accurate and current
• Reconciling balances with the source system Ensuring Tax Compliances with respect to right TDS rates on expense invoices, GST rates on Invoices and IUC expenses

Process Improvement

• Ensure a formal review mechanism of existing process and drive process improvements in expenses processing and financials reporting
• Ensure to be the part of Budgeting Activity in respect to Non-Insurance related Expenses in consultation with the reporting Manager

Risk Management

• Ensure that accounting process is in line with SOX Narratives.
• Ensuring no unreconciled items in bank reconciliation

One of the known brands in the reinsurance spaceOpportunity to work with global team

• Life insurance background will be preferred
• A qualified Chartered Accountant (preferably first attempt) with 3-5 years of work experience
• Experience of Financial Reporting, Insurance Accounting, System reconciliations
• Exposure to Indian private limited company financial reporting will be an added advantage
• Managing and leading statutory audit processes
• Good command over written and spoken English
• Proficiency in Microsoft Excel will be added advantage and capability to work on standard reporting tools will be an added advantage like Power BI
• Team Managing role
• 3-5 years of middle management work experience in an insurance accounting and tax

The hiring company is a large organization operating in the reinsurance sector. They are known for their structured processes and focus on delivering excellence in financial management and insurance services.

• Opportunity to work with a large organization in the reinsurance sector.
• Exposure to challenging financial projects and career growth opportunities.

If you are a skilled finance professional looking to make an impact in the reinsurance industry within life insurance domain in Mumbai, we encourage you to apply.

Skills Required