Financial Expert
2 weeks ago
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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