Manager/Senior Manager - Finance & Accounts - CA+CS/CA

Position / Designation : Manager / Senior Manager - Finance and Accounts CA+CS/CA

Department : Finance and Accounts (MRIBS)

CTC : 10-14 Lakhs.

Employment Type : Probationer

Reporting to - : Principal Officer & Chief Operating Officer Designation & Grade

No. of Reportees, Designation & : 2Grade

Reporting to the Chief Operating Officer, the Manager/Senior Manager Finance & Accounts will be responsible for overseeing of all Finance, Accounting,

Main Tasks :

Reporting and Compliance activities. He/She will be also responsible for all IRDA reporting & be the Point of Contact for all IRDA inspection.

The candidate will be

- Responsible for presenting quality accounts & ensure timely & accurate Recon of Revenue

- Responsible for Finalization of Accounts, Preparation and Presentation of Financial Statements.

- Responsible for Revenue Reconciliation & follow up on o/s payments due

- Responsible for all investments in line with the Investment policy of the Co.

- Consistently analyzing of financial data and presenting financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress, changes and keep senior management abreast of the financial status.

- Responsible for preparation of Budget and monthly reports. Assisting leadership in the annual budgeting and planning process; administering and reviewing all financial plans and comparing to actual results with a view to identifying, explaining, and correcting variances as appropriate.

Areas of Responsibility:

- Trend analysis of Income and Expenses of all products / Business Functions.

- Ensure sanctity of accounts and provisions shown in the financial statements.

- Supervise and monitor collection/receivables and remittance of tax and filing of returns, issue of TDS certificates etc.

- Advice Management regarding Tax planning.

- Closely work with internal/ statutory auditor and ensure smooth auditing of accounts.

- Managing organizational cash flow forecasting by working in partnership with the COO/Functional Heads.

- Responsible for Fund Management.

- Ensure that all the product transactions accounted, are properly accounted in the books of the company, and ensure proper reconciliation.

- Supervise and give advice and guidance in the case of un-reconciled items.

- Identify Automate end-to-end workflow / process related to Finance and Accounts.

- Ensure proper maintenance of Asset Register.

- Liaison and interact with Group Company, Functional Line Managers in regard to Finance and Accounts requirement.

- Maintaining internal control and safeguards for receipt of revenue, costs, budgets and actual expenditures.

- Overseeing all accounts, ledgers, and reporting systems ensuring compliance with all statutory provisions with regard to IRDA, Income Tax Act and Companies Act etc.

- Ensure timely regulatory Updation/filing within timelines and Maintain appropriate standards/ regulatory requirements.

Special Requirements (If any) : Must be familiar with Insurance Regulations of the IRDA

Job Location / State : Trivandrum / Kerala

Compensation Band : As per Internal Grid

Entitlements : As per policy

Stake Holders : Internal, External & IRDA

Assets required : As per policy

Career Progression : As per policy

Personal Specification

Educational Qualification / : Minimum Graduation preferably BCOM + CA (mandatory)Technical Certification

Skill Sets : Strong interpersonal and communication skills, experience in effectively communicating key data, including presentations

Communication Skills : Excellent communication Skills - English language fluency - both verbal and written.

Experience : Post Qualification : 3-5 Years' experience in Finalization of Accounts, Revenue Reconciliation, Internal/statutory Auditing etc.

Behavioral Competencies :Integrity, Credibility, Commitment, Analytical Skills, Problem-solving skills

Other Requirements (If any) : Good knowledge of MS Office products (Word, Excel, PowerPoint, Outlook) .Exposure to IRDA Broking Regulations 2018 will help.