General Manager - Captive Insurance Accounting - Insurance/Brokerage Business

A prestigious client of Innoquest Consulting, a captive MNC in Insurance/Brokerage business, is seeking a individual in a leadership position across multiple locations.

Mandatory Ask :-

- Team Management experience is compulsory - the candidate should have experience in team scaling, team migration and process transitioning

- Candidate should be working in Captive Insurance Accounting.

- Experience range - Non-CA's 14+ years and CA's will be 12+ years

- Responsible for all client accounting, tax, regulatory, treasury and other company administration issues and ensuring all agreed timetables and deadlines for financial, regulatory and Board reporting are met

- Prepares client financial statements, including input to, and maintenance of, the accounting records

- Ensures compliance with relevant accounting standards (GAAP)

- Performs bank and investment account reconciliations

- Record keeping of all day to day transactions

- Prepare monthly/quarterly financial reporting packages

- Assist in the management of the external audit process of the financials by acting as a key contact and by providing all requested information to the client company's auditors

- Prepares budgets, forecasts and any other financial reports that may be requested by the client from time to time

- Ensures investment of client funds in accordance with Board instructions/strategy

- Prepares and files all premium tax returns and ensures all relevant tax compliance

- Maintaining accurate business plans

- Performs regular solvency and capital adequacy monitoring

- Prepares and files the annual insurance return to the domicile

- Prepares and makes all necessary filings with the domicile

- Any other duties as reasonably

Requirements:

- Insurance and/or Captive Accounting experience preferred

- QuickBooks or similar general ledger software experience preferred