Process Lead - Investment Accounting & Reporting

Candidates with experience in securities accounting/ derivatives accounting background will be preferred

Shift Timing

07:45:00 to 16:00:00

Process Brief: -

Candidate is expected to play key role in stabilization of investment accounting activities under SHIP umbrella.

Open to working in Asia-pacific shifts.

Key Accountability

Perform transactional activities related to the function at the expected level of delivery in terms of turnaround time and quality while performing the following processes:

Investment Accounting:

- Perform sub ledger preparation: Pre closing checks

- Process Accrual and Valuation

- Perform first level of Impairment control: Preparation of working file

- Perform Closing Controls

Reporting:

- Prepare and analyze Low/Medium complexity level of Reports and Magnitude disclosures

- Identify process efficiency and participate in process improvement initiative

- Make updates and amendments to process documentation

- Ability to handle client queries pertaining to activities performed.

- Ability to understand the accounting impact of Investment transactions.

Specific knowledge required: -

Post Graduate in Finance and Accounting, MBA-Finance, CA, CA Inter/ICWA inter /CFA.

- Knowledge of Financial Products (Equity, Fixed Income, Derivatives including OTC)

- Accounting of Financial Products

- Knowledge of International GAAPs (IFRS, US GAAP)

- Recognition and De-recognition of Financial Assets

- Pricing and Valuation

- Proficiency in Impairment of Financial Assets

- Preparation and Presentation of financial Statements

- Ability to document process scope of work

Good with management information systems.

General understanding of Insurance Business with ability to articulate the different dimensions and indicators with reference to a reporting function would be an added advantage.

Ability to support transfer of technical knowledge to team.

Ability to identify and drive process improvements.

Good documentation skills.

Good logical-analytical and problem solving abilities.

Ability to handle process escalations-identify issues and risks and propose resolution.

Position Summary: -

Investment Accounting & Reporting-The process involves Investment accounting for insurance company & statutory reporting to the regulators in Europe region.

Specific position related exp: -

2 to 3 years experience in investment accounting/reporting for insurance firm.

Exposure to finalization of balance sheet-understanding accounting cycle or Experience in trade entry & Asset servicing/corporate actions/OTC transactions/cash and custody position.

Reconciliation mandatory.

Previous experience in an Insurance/Asset Management Shared Service environment.