Assistant Manager - Finance and Accounts

Job description

**A Position Overview** **Position Title** Assistant Manager - Finance and Accounts **Department** Ind AS Project **Level/ Band** 301/Assistant Manager **Role Summary:** To ensure compliance to the procurement process while ensuring business requirements are met within targeted timelines and quality parameters **B Organizational Relationships:** **Reports To** Project SPOC **Supervises** NA **C Job Dimensions:** **Geographic Area Covered** Corporate **Stakeholders Internal** All Users **External** Parent & Group Companies, Auditors, Consultants D **Job description:** **Ind AS / IFRS** Ensure detail analysis (including preparation of technical memos) and understanding of IFRS / IND AS, specifically on Ind AS / IFRS for Financial Instruments, Insurance Contracts, Leases. Ability to understand data flows across systems from source to target and data architecture under Ind AS / IFRS. Ability to conduct process walk-throughs of current processes and highlight / recommend process gaps, flaws and process changes. Experience of handling proforma reporting requirements of IRDA on Ind AS / IFRS. **Finance domain knowledge** Experience of closing books of accounts on a monthly, quarterly and annual basis, post passing all necessary closing entries. Reviewing provisions for expenses, expense trending and explanation of variances. Scrutiny of ledger accounts, preparation of necessary account schedules and identification of exceptional items, if any. Processing transactions with related parties and other group companies and reporting in accordance with accounting standards and IRDA requirements. **Project-related skills** Co-ordinating with auditors during audits and limited reviews. Ability to prepare summary presentations for facilitating discussions at various levels viz. , Mancom, Steer Co, parent companies, industry forums, etc. Ability to work with cross-functional teams especially actuarial and technology. Having the foresight to draw down activities in a large-scale Ind AS / IFRS project, list down pitfalls / bottlenecks, be solution oriented and drive the results for the workstream. **Working with various systems in finance domain** Working / advanced knowledge of MS Office suite while SharePoint, Visio is add-on. Basic / working knowledge of GL systems (SAP FICO, FAM, etc. ) - knowledge of FPSL / SLAM sub-ledger system is add-on. Ability to act as a business analyst viz. , read the Ind AS / IFRS and convert it into business requirement, use the knowledge of the affected system and writing a Business Requirement Document (BRD) **Required experience** Consulting / Project kind of role - demonstrating agility, drive for results and ownership. IFRS/IND AS gap analysis / implementation experience. **E Skills Required** **Technical** Knowledge of key Insurance Regulations / Products Insurance accounting knowledge and IFRS / IND AS **Behavioral** **Essential** **Desired** **Interpersonal skills** **Communication skills** **Creative thinking skills** **Supervising/Leadership skills** **Teamwork Skills** **Influencing skills** **Relationship Building skills** **Decision making skills** **F Incumbent Characteristics** **Essential** **Desired** **Qualification** B. Com / CA Inter / CA / MBA **Experience** Exe 0 - 3 years AM 3 - 6 years PQE < Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.