Management Trainee, Financial Reporting

4 weeks ago

Gurgaon, India AXA XL Full time
We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients' potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.

DISCOVER your opportunity

What will your essential responsibilities include?

The Finance Close team provides accounting support to various AXA XL legal entities based out of the Americas, UK, and Eurasia. The key activities of the team involve analysis of the Balance Sheet and Profit and loss including ratio analysis, preparation of balance sheet reconciliations along with commentaries, booking of various technical manual adjustments to incorporate entity level changes in GL, preparation of ceding treaty accruals, reconciliations for US and Europe geography, etc.

• Preparation of Source system to GL and technical balance sheet reconciliations such as Receivable/Payable, Losses, Unearned premium, and Deferred acquisition cost.

• Booking of manual adjustment to incorporate legal entity, operating units, and other chart field level restructuring/changes in General Ledger.

• Booking of manual adjustment to correct ceding percentage changes, Ceded Re treaty accrual postings every quarter in General Ledger.

• Collaboration within/outside the team (including the BU Controllers/Business Partners) for the timely cleanup of the open reconciling items.

• Posting of the manual journal entries in the EBS/HFM as and when needed.

• Preparing analysis/reports and reconciliations on various ad-hoc requests as and when requested.

• Assist the Controllership team with quarter-end close activities, manage and work on ad-hoc requests.

• Assist in managing requests from both internal and external auditors and the internal financial controls team to provide requested documentation, general ledger balances, and other ad-hoc requests from auditors.

Other responsibilities may be added.

You will report to the Manager.

SHARE your talent

SHARE your talent We're looking for someone who has these abilities and skills:

Required Skills and Abilities:

• CA with post-qualification experience in accounting and financial reporting.

• Graduate (B.Com)/Post-Graduate (M. Com/MBA Finance)/CA intermediate with post-qualification experience in accounting and financial reporting.

• Work experience and knowledge in the R2R domain will be preferred.

Desired Skills and Abilities:

• Robust communication & and interpersonal skills to work effectively with internal/external teams across the globe.

• Intermediate IT skills (MS Excel, MS Access, Word)

• Organized, methodical, and able to deal effectively with multiple priorities and multitasking.

• Candidates with insurance Industry experience would be preferred.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business - property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed.

  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
  • Robust support for Flexible Working Arrangements
  • Enhanced family friendly leave benefits
  • Named to the Diversity Best Practices Index
  • Signatory to the UK Women in Finance Charter


Learn more at axaxl.com/about-us/inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

  • Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
  • Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
  • Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
  • AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.


For more information, please see axaxl.com/sustainability.

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