About the client: - Company Name: Client of Anlage - Industries: Software / Software Services - Company Type: Forbes Global 2000 - Headquarter Location: US - Nature of Offering: Product - Founding Year: 2014 - No of Employees: 51-200 Assistant Vice President - Finance - Financial Reporting Experience : 8-15 years Location : Mumbai (Work from Anywhere) Role Summary : Lead the financial reporting team that owns the closure and review of monthly financial statements that are true and fair with no material misstatement, reviews key numbers, movements etc., drives the quarterly / half yearly / annual statutory audits, review the internal controls and underlying reconciliations, shareholder reporting, regulatory reporting to IRDAI and drive the implementation of IFRS including IFRS 9 and 17. Key Focus areas: A. Reporting - Ensure timely and qualitative preparation and closure of financial statements on a monthly basis as per Local GAAP and meeting all regulatory norms. - Steer the statutory audit process (half year/ interim / final audit) and get the financial statements certified. - Ensure timely and accurate filing of regulatory returns via BAP module, Public Disclosure and other formats as required. - Ensure timely reporting to the Shareholders as per specific reporting formats and frequency. - Own the Internal Control over financial reporting sign off process for all the key financial accounting and reporting to ensure that all requirements of company level internal control framework are addressed. - Develop appropriate system/reports to bring the visibility of the financial performance to the management and mining of financial information. - Enhance process efficiencies and analytics design pertaining to financial reporting. - Drive the reviews of other critical reporting and provide the sign off for further release. - Maintain updated documentation of all key processes in financial closure and recurring reporting's to the regulator & shareholder. - Mentor and coach subordinates and develop the team's capabilities. B. IFRS implementation - Analyze the impact of IFRS 17 and IFRS 9 Accounting standards (AS) on Functional & Business processes and financial systems. - Document the Accounting policies on the regulatory financial statements, disclosures, local financials for the solvency purpose and detailed accounting procedures at transition and on-going. - Work with the Project manager and collaborate with IT, Actuarial and other finance team members to drive the designing and implementation of the new and future state system architecture for IFRS accounting structure, flow of information, interface and integration between CSM, Accounting sub-ledger and GL along with the pervasive Data Warehouse engine (Data Lakes). - Flow of information for the purpose of regulatory reporting, consolidation and reconciliation processes with controls. - Work on new disclosure implementation and related process improvements. - Ensure that all stakeholder requirements are understood and efficiently managed. C. Qualifications & Competencies: - Chartered Accountant with 7+ years of financial reporting experience from insurance (life as well as general) or Bid 4/5 accounting firms. - Strong knowledge of IFRS/ Indian Accounting Standards especially 117 and 109. - Ability to understand, document and re-design processes. - Strong oral and written communication skills and be able to manage key stakeholder relationships. - Ability to take ownership and deliver within scheduled timelines. This description has been designed to indicate the general nature and level of work performed by employees within this position. The actual duties, responsibilities, and qualifications may vary based on the assignment or group.

Mumbai

Assistant Vice President - Financial Reporting - BFSI 

Job Description for Assistant Vice President - Financial Reporting - BFSI  in Anlage Infotech in  Mumbai for (7-15) years of experience. Apply Now!