Manager/Senior Manager - IFRS - Big4

We have a job opening with one of our client i.e. one of the leading consulting firm.

- The position requires a person to work on global IFRS-17 engagements (E2E implementations). This functional SME role involves Gap analysis, Impact assessment Implementation, and Testing which will be driving various IFRS17 solutions. Responsibilities include

- Analyze current state of business requirements, perform gap analysis, make recommendations for IFRS 17 solutions and design processes.

- Research, assess, analyze and functional/financial documents, reports and operational requirements for IFRS-17 (Insurance Contract), IFRS 16 (Leases), IFRS 9 Financial Instruments (Classification and Measurement) and IFRS 15 Contract Revenue.

- Review contractual agreements for the purpose of assessing criteria for financial instrument and Insurance Contract classifications.

- Provide support to the department in gathering all comparative data needed for IFRS reporting including reconciliations required to support operating results during the comparative years i.e. transition adjustments.

- Assist in identifying, developing, testing and implementing IFRS accounting operational and reporting solutions to meet financial and regulatory reporting requirements, map financial reporting processes and modify control procedures, as required.

- Prepare and consolidate IFRS related issues and procedural training documentation.

- Provide support in documenting current processes and new IFRS requirements.

Desired requirements/Skillset:-

- Candidates with experience at least one of the IFRS implementations - IFRS4/IFRS9/IFRS15/IFRS17

- Must have experience in Financial Reporting, Regulatory and compliance Reporting

- Excellent understanding of Insurance domain (Life or Non-Life)

- IFRS17 implementation experience is highly preferred

- Experience in the first phase (GAP Analysis and impact assessment) is mostly preferred

- Experience in general US GAAP, Basel-III, Solvency-II highly desired

- Candidates with solutioning experience on SAS Solutions, FIS Prophet, Moody- s, SAP Reporting, Aptitude, Legerity

- Experience in data modelling & transformation is highly desired