Job Description

A Position Overview Position Title Senior Manager - Finance and Accounts Department Ind AS Project Level/ Band As per HR Policy Role Summary: To ensure compliance to the procurement process while ensuring business requirements are met within targeted timelines and quality parameters B Organizational Relationships: Reports To Project SPOC Supervises NA C Job Dimensions: Geographic Area Covered Corporate Stakeholders Internal All Users External Parent & Group Companies, Auditors, Consultants D Job description: Ind AS / IFRS . Ensure detail analysis (including preparation of technical memos) and understanding of IFRS / IND AS, specifically on Ind AS / IFRS for Financial Instruments, Insurance Contracts, Leases. . Ability to understand data flows across systems from source to target and data architecture under Ind AS / IFRS. Ability to conduct process walk-throughs of current processes and highlight / recommend process gaps, flaws and process changes. . Experience of handling proforma reporting requirements of IRDA on Ind AS / IFRS. Finance domain knowledge . Experience of closing books of accounts on a monthly, quarterly and annual basis, post passing all necessary closing entries. . Reviewing provisions for expenses, expense trending and explanation of variances. . Scrutiny of ledger accounts, preparation of necessary account schedules and identification of exceptional items, if any. . Processing transactions with related parties and other group companies and reporting in accordance with accounting standards and IRDA requirements. Project-related skills . Co-ordinating with auditors during audits and limited reviews. . Ability to prepare summary presentations for facilitating discussions at various levels viz., Mancom, Steer Co, parent companies, industry forums, etc. . Ability to work with cross-functional teams especially actuarial and technology. . Having the foresight to draw down activities in a large-scale Ind AS / IFRS project, list down pitfalls / bottlenecks, be solution oriented and drive the results for the workstream. Working with various systems in finance domain . Working / advanced knowledge of MS Office suite while SharePoint, Visio is add-on. . Basic / working knowledge of GL systems (SAP FICO, FAM, etc.) - knowledge of FPSL / SLAM sub-ledger system is add-on. . Ability to act as a business analyst viz., read the Ind AS / IFRS and convert it into business requirement, use the knowledge of the affected system and writing a Business Requirement Document (BRD) Required experience . Consulting / Project kind of role - demonstrating agility, drive for results and ownership. . IFRS/IND AS gap analysis / implementation experience. . E Skills Required Technical . Knowledge of key Insurance Regulations / Products . Insurance accounting knowledge and IFRS / IND AS Behavioral Essential Desired Interpersonal skills . Communication skills . Creative thinking skills . Supervising/Leadership skills . Teamwork Skills . Influencing skills . Relationship Building skills . Decision making skills . F Incumbent Characteristics Essential Desired Qualification CA / MBA Experience Sr. Manager 7 - 9 years PQE

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