Financial Operations Manager
2 weeks ago
About PW (PhysicsWallah)
PW (PhysicsWallah) is a leading online learning platform that offers high-quality education to students worldwide. We are committed to providing an exceptional learning experience and fostering a culture of innovation, creativity, and excellence.
Salary
The salary for this position is estimated to be between ₹30-50 Lakhs per annum, depending on experience and qualifications.
Job Description
We are seeking an experienced Financial Operations Manager - Insurance Management to oversee our financial operations and manage insurance policies for our group companies. As a key member of our finance team, you will be responsible for ensuring compliance with regulatory requirements, mitigating financial risks, and optimizing our insurance coverage.
Key Responsibilities:
- Oversee the controllership function, including financial reporting, budgeting, and compliance.
- Manage and coordinate the insurance policies for all group companies, ensuring adequate coverage and compliance with regulatory requirements.
- Liaise with insurance providers and brokers to negotiate terms, premiums, and claims processes.
- Assist in the preparation of accurate financial statements and reports, ensuring compliance with accounting standards and regulations.
- Develop and implement internal controls and processes to improve efficiency and mitigate financial risks.
- Collaborate with various departments to ensure proper allocation and management of insurance costs.
- Monitor insurance claims and ensure timely follow-up and resolution.
- Support the month-end and year-end closing processes, ensuring timely and accurate reporting.
- Conduct regular reviews of insurance policies and coverage to identify areas for improvement and cost savings.
- Provide financial insights and recommendations to senior management to support decision-making.
Qualifications:
- Education: Must be a qualified Chartered Accountant.
- Experience: 5 - 6 years of relevant experience in controllership or finance, with a strong background in managing insurance for group companies.
- Strong understanding of financial reporting, accounting principles, and regulatory compliance.
- Excellent negotiation skills and experience working with insurance providers.
- Proficiency in accounting software and ERP systems (e.g., SAP, Oracle).
- Strong analytical and problem-solving abilities.
- High attention to detail and ability to manage multiple priorities effectively.
- Excellent communication and interpersonal skills for collaboration with internal teams and external partners.
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