Chief Manager - Finance - Life Insurance - CA

Our Client is a Joint Venture between India's most diversified and reputed Financial Services Company and World's Oldest and Most reputed Life Insurance Company.

Job Purpose

- To implement, monitor, and maintain Quality assurance processes and procedures in the Finance Department.

Key Responsibilities

- To ensure the quality of financial statements

- To Prepare of CFO dashboard for Analytical Review

- To Implement quality parameters for the finance department

- To monthly review various Reconciliation

- To prepare Quality Controls framework

- To evaluate and plugging of process gaps via internal or external reviews - indicator being minimal process errors published on the quality scorecard

- To assist the Risk team for the closure of IFC Audit

- To prepare the Process and Procedure document for the critical process.

- To do the Benchmarking of financial statements with the Industry

- To provide technical support on Accounting Standard

Specific Authorities (Financial & Non-Financial)

- To authorize the payment transaction as per the Delegation of Authority matrix

Key Performance Indicators

- Reduction in Error in Finance Reporting

- Qualification in Statutory Audit

- Internal audit issues rating < Low

- Solvo CSAT Ratio>95%, Number of Queries beyond TAT = 0%

- Reconciliation open item

Job Requirements

- Qualifications Chartered Accountant

Experience 7-9 Years

Base skill Understanding of organizational systems, process and products