Chief Financial Transformation Officer

3 days ago


Mumbai, Maharashtra, India Tata AIA Life Insurance Full time
Job Description

We are seeking a Chief Financial Transformation Officer to lead our finance domain and ensure compliance with procurement processes while meeting business requirements within targeted timelines and quality parameters.

Key Responsibilities:
  • Ensure in-depth analysis and understanding of IFRS/IND AS, specifically for Financial Instruments, Insurance Contracts, and Leases.
  • Ability to comprehend data flows across systems from source to target and data architecture under IFRS/IND AS.
  • Experience in handling proforma reporting requirements of IRDA on IFRS/IND AS.

Financial Domain Knowledge:

  • Experience in closing books of accounts on a monthly, quarterly, and annual basis.
  • Reviewing provisions for expenses, expense trending, and explaining variances.
  • Scrutiny of ledger accounts, preparation of necessary account schedules, and identification of exceptional items.
  • Processing transactions with related parties and other group companies and reporting according to accounting standards and IRDA requirements.

Project-Related Skills:

  • Coordinating with auditors during audits and limited reviews.
  • Preparing summary presentations for facilitating discussions at various levels.
  • Ability to work with cross-functional teams, especially actuarial and technology teams.

Working with Various Systems in Finance Domain:

  • Advanced knowledge of MS Office suite, including SharePoint and Visio.
  • Basic/working knowledge of GL systems, including SAP FICO and FPSL/SLAM sub-ledger systems.

Required Experience:

  • Consulting/project kind of role demonstrating agility, drive for results, and ownership.
  • IFRS/IND AS gap analysis/implementations experience.

Salary: ₹ 30,00,000 - ₹ 45,00,000 per annum, depending on qualifications and experience.

Location: Mumbai, India (or similar location in India).



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