Kotak Life Insurance - Assistant Vice President - IFRS Implementation & Reporting - CA

Position:

IFRS implementation & Reporting

Designation:

Assistant Vice President - IFRS implementation & Reporting

Work Location:

Goregaon East, IT Park

Qualification:

Qualified CA (Candidates with Technical Accounting Skills will be Preferred)

Experience:

4+ Years

Objective of the role:

Support end to end implementation of Ind AS in line with IRDAI timelines and guidelines, ensuring accurate transition from existing accounting practices (IGAAP) to Ind AS, with specific focus on insurance contracts (Ind AS 117).

Key Responsibilities:

- IFRS implementation support including IFRS 17 accounting policy formulation and operationalisation

- Policyholder accounting

- Monthly / quarterly financial closing under IFRS including Limited Review

- Coordination with Actuarial, IT, Operations and consultants

- Conduct UAT for new systems and changes made in existing system

- Develop and implement new controls and processes to ensure ongoing compliance

- Audit support, governance and regulatory / group reporting