Looking at profiles with IFRS and preferably INSURANCE Exp.

- We understand that IFRS 17 in New and therefore 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

- Relevant profiles from insurance/regulatory setups

Roles and Responsibilities:-

- The position requires a person to work on global IFRS-17 engagements (E2E implementations), with base location at (Bengaluru or Gurgaon). 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.

- Facilitates small to large meetings and conducts information gathering and/or training sessions as required.

- Analyze current baseline and gaps based on leading practices, confirm the finance vision, define Finance TOM and develop roadmap for change

- Evaluate management reporting requirements, design reports to meet current reporting requirement, standardize reports and design dashboards

- Analyze current finance function process, structure and capabilities, assess current capability gaps, design future state business partnering framework

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