Vice President – Financial Accounting

3 days ago

Mumbai, Maharashtra, India Evoke HR Solutions Pvt. Ltd. Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Job Description

Position Title:
Vice President – Financial Accounting & Reporting

Grade/Level:
M4 Level

Department:
Finance & Accounts

Location:
Corporate Office, Mumbai

Reports To:
Senior Vice President – Finance & Accounts

Team Supervised:
2 Direct Reports (Total: 2 Direct/Indirect)

Geography Managed:
Pan India

Job Purpose

The 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 Responsibilities

Managerial Responsibilities

  • Recruit, 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 Responsibilities

Financial Accounting & Reporting

  • Ensure 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 & Initiatives

  • Partner with cross-functional teams to improve cost efficiency and optimize resources.
  • Drive automation in financial reporting to reduce manual effort and enhance accuracy.

Compliance & Governance

  • Ensure accurate transaction records and timely reporting to management, board, and regulators.
  • Maintain high standards of compliance and financial governance.

Stakeholder Management

  • Build 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 Requirements

Qualifications:

  • 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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