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06/06 Kavita Allamappa
Senior Resource Executive at Sofomation HR

Views:8310 Applications:65 Rec. Actions:Recruiter Actions:18

Assistant Manager - Group Financial Accounting/Reporting - CA - BFSI/BPO/Insurance (4-15 yrs)

Mumbai Job Code: 458947

Basic Requirements:

Woking on IFRS is a must

Working on consolidated financial statements is a must

AM - 4+ years after CA articleship

CA from ICI or ACCA also will do

Good communication skills

Principal Accountabilities :

- Working with the London-based team to maintain an excellent relationship with key stakeholders in business unit finance teams and other head office functions, to coordinate aspects of the Group reporting;

- Gathering data from business units and third parties, consolidating, reviewing and analysing the results;

- Responsibility for specific Solvency II Group reporting templates and IFRS disclosures;

- Ongoing issue-resolution and process improvement, including supporting finance professionals across the Group's business units;

- Liaising with the Group Financial team to drive the resolution of technical accounting matters and to explain and react to technical changes;

- Providing detailed analysis for senior management and executives, liaising with other head office teams, especially Financial Performance, Investor Relations and Group Risk as necessary;

- Developing the financial reporting processes and ensuring on-going compliance with relevant Group financial controls;

- Liaising with the Group's internal and external auditors.

Key Result Areas:

Relationship Management : Maintain effective working relationships with relevant business unit teams across head office, ensuring that Group reporting needs are communicated and understood.

Financial reporting : consolidation and analysis. Work with our business units to coordinate and obtain detailed information. Analyse and calculate adjustments for the group Solvency II disclosures and IFRS accounts. Produce QRTs and group financial statements disclosures on a timely, accurate basis. Analyse the results and respond to senior management review questions.

Technical knowledge : Learn quickly about Co and the way we work. In particular, gain an understanding of financial reporting processes, our finance systems, and our Solvency II approach. Keep abreast of technical accounting changes and develop knowledge over time of our financial structure and business performance.

Process development : Improve the efficiency of our reporting, optimising the technology and data available. In particular, contribute to our finance change projects to streamline our work and allow us to focus more on analysis.

Financial control and audit : Ensure that a clear audit trail exists and that controls are performed effectively and documented. Provide timely and accurate responses to the internal and external auditors.

Core Competences Required :

- Ability to communicate succinctly, build a rapport with others and explain complex issues;

- Organised self-starter able to work to tight deadlines and under pressure;

- Able to think flexibly and open to new ideas, with strong problem-solving skills and enthusiasm to improve processes;

- Strong interpersonal skills, able to liaise with stakeholders from different specialisms in different locations and at different levels of seniority;

- Comfortable with using complex IT systems and large data volumes;

- Familiarity with the preparation and consolidation of financial accounts is essential; experience of using complex finance systems such as Hyperion Financial Management is an advantage;

- A good knowledge of IFRS;

- Experience of Solvency II reporting or other financial services regulatory work is an advantage;

- Life insurance experience or a knowledge of investment products and markets is an advantage;

- Close attention to detail and accuracy.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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