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Manager – IND AS Implementation

4 weeks ago

Mumbai, Maharashtra, India Bharti AXA Life Insurance Full time

Company Description:

Bharti AXA Life Insurance is a leading life insurance provider in India, offering value-for-money life insurance and savings solutions. Established in 2006, we are a wholly owned subsidiary of Bharti Life Ventures Private Limited, a prominent business group in India. With over 200 branches across India, we ensure accessibility and convenience for our customers. Recognized as a Great Place to Work for four consecutive years, we foster a positive work environment.

Job Description:

We are looking for a strategic finance leader to drive the transition to Indian Accounting Standards (IND AS) and ensure compliance across all financial processes.

Location- Mumbai-Malad

Designation- Manager – IND AS Implementation

Key Responsibilities:

IND AS Implementation & Compliance:

  • Lead the adoption of IND AS, ensuring regulatory alignment and smooth financial reporting transitions.

Policy Formulation:

  • Develop and standardize accounting policies to maintain consistency across the organization.

Training & Development:

  • Conduct training sessions to upskill finance teams and stakeholders in IND AS requirements.

Financial Reporting & Reconciliation:

  • Transition financial statements, oversee disclosures, and ensure accurate reporting.

Risk Management & Impact Analysis:

  • Identify potential risks, assess financial implications, and strategize solutions.

Stakeholder Communication:

  • Collaborate with auditors, regulators, and senior management for smooth implementation.

Systems & Process Optimization:

  • Modify financial systems to align with IND AS standards, ensuring data integrity.

Continuous Monitoring & Audit Coordination:

  • Ensure compliance post-implementation and manage audits efficiently.

Qualifications & Experience:

CA with 2-3 years of experience (Actuarial background is a plus).

Strong knowledge of Life Insurance, IRDA Regulations & IFRS.

Proven experience in IND AS implementation & compliance.

Ability to manage projects, teams & stakeholder communications.