Vice President – Financial Accounting

1 day ago

Mumbai, India Evoke HR Solutions Pvt. Ltd. Full time

Job DescriptionPosition Title: Vice President – Financial Accounting & ReportingGrade/Level: M4 LevelDepartment: Finance & AccountsLocation: Corporate Office, MumbaiReports To: Senior Vice President – Finance & AccountsTeam Supervised: 2 Direct Reports (Total: 2 Direct/Indirect)Geography Managed: Pan IndiaNote:- Need Candidates From Life Insurance onlyJob PurposeThe Vice President – Financial Accounting & Reporting will be responsible for reviewing financial statements on a monthly, quarterly, and annual basis in compliance with IRDAI regulations . The role includes oversight of accounting standards implementation, ensuring compliance, responding to internal/external information requests, and driving process improvements to strengthen the company’s financial integrity and governance.Key ResponsibilitiesManagerial ResponsibilitiesRecruit, mentor, and manage Finance team members as per business requirements.Drive performance management, provide coaching and counselling, and ensure team development.Enhance engagement and retention of key talent.Functional ResponsibilitiesFinancial Accounting & ReportingEnsure adherence to accounting standards and IRDAI/statutory compliance.Review monthly, quarterly, and annual financial statements.Oversee quarterly results, performance reviews, and press release preparation for stock exchange submissions.Review Expenses of Management (EoM) for IRDAI compliance.Lead implementation of Indian Accounting Standards (Ind-AS) projects.Process Improvement & InitiativesPartner with cross-functional teams to improve cost efficiency and optimize resources.Drive automation in financial reporting to reduce manual effort and enhance accuracy.Compliance & GovernanceEnsure accurate transaction records and timely reporting to management, board, and regulators.Maintain high standards of compliance and financial governance.Stakeholder ManagementBuild and maintain strong relationships with regulators, auditors, investors, and internal stakeholders.Communicate financial performance, strategies, and risks effectively to the Board and other stakeholders.Review and validate financial statements, annual reports, investor presentations, disclosures, and regulatory submissions.Job RequirementsQualifications:Bachelor’s/Master’s degree in Accounting, Finance, Business Administration, or Commerce from a reputed university.Chartered Accountant (CA), Certified Public Accountant (CPA), or equivalent international qualification preferred.Experience:15+ years of relevant experience, including 10 + years in a managerial role .Strong background in a regulated industry such as insurance or financial services .Skills:Strong knowledge of insurance fundamentals, products, and processes.Expertise in business accounting, financial planning, and regulatory/shareholder reporting .Proficiency in business analytics, planning, and forecasting .Digital proficiency : Advanced MS Office, automation tools, and digital platforms (Android/Apple).Interested candidates can share their updated resume on

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