Posted By
Posted in
Banking & Finance
Job Code
312694
Process Lead and Assistant Manager - Investment Accounting & Reporting (Technical/Consultant)
Job Title : Process Lead & Assistant Manager (Technical)
Team / Domain : Investment Accounting & Reporting
Process Lead : CA with 1-2 yrs exp: NON CA with 3-4yrs exp
Assistant Manager : CA with 3-4 yrs exp : NON CA with 5-6yrs exp
SKILLS & TECHNICAL COMPETENCIES
Operational Responsibilities
- Initiate updates in systems according to reporting evolutions
- Produce and analyze reports
- Ensure Process Improvement drive
- Act as second level of approval authority
- Participate in the processing work related to the function at the expected level of delivery in terms of turnaround time and quality while performing the following processes(90% involved in process):
- Investment Accounting: Asset designation, initial designation of interfaced trades, Initial designation of manual trades, change of designation, de-recognition.
- Sub ledger preparation, Nautilus group consolidation, fund summary consolidation.
- Valuation and pricing : Accrual/ deferral of interest, valuation pricing
- Impairment processing and delivering data to general ledger
- Hedge Accounting & designation: Post designations, generate the postings, Post hedge accounting items, post in F1, Generate the postings, post hedge accounting designation.
- Reporting: Maintain and communicate reporting policies, prepare and analyze reports, distributionof reports and acquiring sign offs & reports submission
Managerial Responsibilities
- Manage a small team (people issues, hiring, retention, performance management etc.)
- Lead and motivate the team to facilitate achievement of key performance indicators.
Service Level Management
- Responsible for service delivery by team on agreed key performance metrics of turnaround time, quality, etc.
Education and Experience
- Graduate / post-graduate degree in accounting / finance required/inter C.A. /C.A. may be considered if they come with the relevant knowledge
- Close to 3-5 years in a Investment accounting/Reporting function in an accounting firm, insurance or bank organization preferred, knowledge of accounting principles required and should have experience in preparation and review of statutory and regulatory reports
- Previous experience in an Insurance Shared Service Centre environment preferred
- Experience managing a team of 3-4 operators
- General understanding of Insurance Business with ability to articulate the different dimensions and indicators with reference to a reporting function
- Open to working in US shifts
- Must possess a valid passport
Key Skills and Competencies
- Good Customer Relationship management skills
- Good logical, analytical and problem solving abilities
- Attention to detail and accuracy
- Ability to communicate clearly, concisely and effectively
- Ability to handle process escalations, identify issues and risks and propose resolution
- Ability to multi-task and prioritize work
- Ability to interact with internal(AXA) and external(custodians/bankers etc.) entities
Technical Competencies
- Understanding of Investment accounting/reporting domain in ERP/SAP environment
- Knowledge of reporting tools such as Business Objects WebI, SQL, Toad or similar desirable
- Exposure to accounting applications like Magnitude desirable
- Knowledge of IFRS and GAAP would be an advantage
- Good knowledge of Live Office or similar platforms and MS Office applications, especially Word and Excel required
- Ability to perform tasks on multiple computer applications
Language Skills
- English - speaking, reading and writing
- Other European languages are an advantage
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Posted By
Posted in
Banking & Finance
Job Code
312694