US GAAP Reporting - BPO

We have a huge openings for one of the leading BPO for the following positions.

Job Description

Job Role: US GAAP Reporting

Location of Posting: Gurgaon

Total Years of Experience: 3~ 8 years of US GAAP Experience; Insurance industry experience preferable

Minimum Qualification: University Graduate

Professional Qualification : Chartered Accountant

Flexible to work in shifts (APAC / EMEA / US)

Experience:

Technical

- Experience of delivering diverse financial information requirements in a complex organization

- Operational experience with U.S. GAAP and IFRS

- Knowledge/experience of Sarbanes Oxley is an advantage

- Preferable experience in accounting & reporting in P&C insurance industry

- Experience in Reconciliations and posting various transactions –accruals, provisions, bank statement, inter company etc.

- Reconciliations including the sub ledger to the general ledger, asset classes and other classifications required for Upstream, US GAAP reporting.

- Significant and complex financial analysis of activities, projects and plans

- In depth understanding of the financial services industry including current issues, trends and developments

- Good understanding of the key financial drivers for the region

- In depth understanding of the regulatory environment in the finance sector

- Deal with all other ad hoc reporting requirements that occurs

Key Accountabilities

- Prepare and review routine & recurring journal / accounting entries, accruals

- Prepare non compliance routine & recurring journal / accounting entries

- Complete data quality checks on system / GL close

- Manage close calendar & execute system / GL close activities

- Prepare, review and approve business segment journal entries

- Responsible for preparation of financials statements/ GAAP quests (P&L, balance sheet and cash flow) and reporting giving insight to the key performance indicators under US GAAP including analytics

- Responsible for ensuring that work is delivered is fully compliant with the required policies and procedures, and meets KPI’s outlined.

- Offer advanced professional knowledge of US GAAP financial accounting practices and principles over all areas of finance

- Manage and control the preparation of the Year-End packs, submissions for consolidated accounts and the associated timetable for all Group entities