
Job Overview:
This role will be part of the Financial Reporting team supporting multi-GAAP reporting requirements including IGAAP, Ind AS, and IFRS. The candidate will play a key role in IFRS transition, Ind AS proforma reporting, and supporting changes to accounting systems and processes required for implementation.
Key Responsibilities:
1. Financial Reporting & Regulatory Compliance:
- Preparation and review of financial statements under IGAAP and Ind AS
- Quarterly preparation of proforma Ind AS financials as per IRDAI requirements
- Support parallel reporting across multiple accounting frameworks
- Ensure adherence to IRDAI and Group reporting requirements
2. IFRS / Ind AS Transition & Implementation:
- Assist in IFRS implementation and transition activities
- Prepare GAAP difference analysis (IGAAP vs Ind AS vs IFRS)
- Support preparation of technical accounting memos / position papers
- Work with consultants and auditors on transition-related matters
3. Accounting Systems & Process Changes:
- Support changes in accounting systems (GL / sub-ledgers) required for IFRS / Ind AS
- Assist in chart of accounts restructuring and mapping
- Work closely with IT and finance teams to ensure system readiness
- Participate in UAT testing and validation of system changes
4. Closure, Controls & Reconciliations:
- Support monthly / quarterly financial close processes
- Prepare and review reconciliations and schedules
- Ensure adherence to internal controls over financial reporting (IFC)
5. Stakeholder Coordination:
- Coordinate with auditors, internal teams, and Group Finance
- Support audit queries and data requirements
- Work with cross-functional teams for data and reporting alignment
Job Requirements:
Qualifications: CA (Mandatory)
Experience: 3 - 5 years
Required Skill set:
- Working knowledge of Ind AS / IFRS concepts
- Experience in financial reporting / audit / accounting
- Exposure to system implementation / ERP changes (preferred)
- Strong analytical and problem-solving skills
- Good understanding of financial statements and disclosures
- Proficiency in Excel and ERP systems (SAP / Oracle / similar)
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