Financial Expert

2 weeks ago


Mumbai, Maharashtra, India Tata AIA Life Insurance Full time

Job Description


Tata AIA Life Insurance seeks a highly skilled Financial Expert to join our team as an Ind AS Project Manager. As a key member of our finance department, you will play a crucial role in ensuring compliance with the procurement process while meeting business requirements within targeted timelines and quality parameters.



Key Responsibilities:

  • Ensure detailed analysis 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.
  • Experience of handling proforma reporting requirements of IRDA on Ind AS/IFRS.
  • 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.
  • Co-ordinating with auditors during audits and limited reviews.
  • Preparing summary presentations for facilitating discussions at various levels.
  • Ability to work with cross-functional teams.
  • Foresight to draw down activities in a large-scale Ind AS/IFRS project.


Requirements:

  • Consulting/project kind of role – demonstrating agility, drive for results, and ownership.
  • IFRS/IND AS gap analysis/implementation experience.
  • Knowledge of key insurance regulations/products.
  • Insurance accounting knowledge and IFRS/IND AS.
  • Interpersonal skills, communication skills, creative thinking skills, supervising/leadership skills, teamwork skills, influencing skills, relationship-building skills, decision-making skills.
  • Qualification: CA Inter/CA/MBA.
  • Experience: Manager 3–6 years PQE.


We offer a competitive salary package, including a base salary of ₹1200000 per annum, along with additional benefits such as health insurance, retirement planning, and career growth opportunities.



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