AM - Statutory Reporting - CA

Job Responsibility:

Statutory Reporting -

- The process involves closing the books and reporting the Financial Statements (Yellow Book) following the Insurance related Accounting Standards called as SSAPs.

- On monthly basis, the process involves running various reports which will check if any entry is posted incorrectly or any of the regulations have been violated.

- On Quarterly basis, Financial Statements along with supporting Schedules will be prepared. Analysis of Intercompany transactions is also additionally required to be worked upon.

Details of Accountabilities -

- Ability to mentor. Motivate and coach Team Managers.

- Ability to prioritize, manage and organize heavy daily workload between multiple teams.

- Strong customer orientation across multiple country locations/business segments.

- High Level Review of quarterly/annual Financials (Income Statement, Balance Sheet and Statement of Cash Flows)

- Technical accounting like Business Combinations, ESOPs, Derivatives etc.

- Adapt to and assimilate with changes in insurance related regulatory requirements/GAAPs .

- Basic understanding of how insurance business works and earns income.

- Verify that procedures are updated at all times.

- Ensure that all operational and people management issues are dealt with in a timely manner

- Motivate teams and contribute to team spirit

- Evaluate team performance by following up on common objectives, reoccurring errors etc.

- Excellent time management and multi-tasking skills.

- Provide consolidated feedback for specific assignments to Management after liaising with other Team Leaders.

- Manage Training requirements, new migration , holiday planning,

Work experience background required( describe work exp of suitable candidates):

- C.A “must” requirement

- Must have experience from Insurance background

- High customer service orientation.

- Excellent People Skills

- Proactive – should be able to follow up on pending items rigorously and resolvee red flags when appropriate

- Problem Solving skills – should have an attitude to think of solutions to solve problems

- Understands the differences across GAAP/STAT rules

- Good experience with ERP - like SUN GL, Oracle

- IT savvy & proficient in excel/access

- 4-5 yrs of experience in leadership role managing multiple teams involved in closing and reporting of Financials.

- Expert Level accounting concepts

- High level attention to detail and accuracy

- Extremely good written English

- Communication – Extremely good voice skills for query resolution

- Excel Skills – advanced; Access Skills - intermediate

- Ability to work under pressure

- Passport – must to have,

Post CA Experience : 2-5

Shift Timing : 2 pm-11 pm

Contact - richa@mancerconsulting.com