CA - Accounts
4 days ago
Key Responsibilities
1.
Reinsurance Accounting
- Manage all aspects of reinsurance accounting including:
- Premiums receivable/payable.
- Claims recoveries and settlements.
- Treaty and facultative reinsurance entries.
- Reconciliation of reinsurance accounts with reinsurers and brokers.
- Ensure compliance with IRDAI (Insurance Regulatory and Development Authority of India) guidelines for reinsurance.
- Assist in preparing reinsurance financial statements and reports.
2.
GST Compliance
- File monthly, quarterly, and annual GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.).
- Reconcile GSTR-2A/2B with input tax credit (ITC) in books.
- Ensure proper GST treatment for insurance and reinsurance transactions.
- Manage GST audits and departmental queries.
3.
General Accounting & Compliance
- Maintain and reconcile general ledger accounts.
- Month-end and year-end closing processes.
- Preparation of financial statements as per Ind AS/IFRS.
- Liaise with internal and external auditors.
4.
Taxation & Reporting
- Support in direct and indirect tax compliance.
- Prepare MIS reports related to tax and reinsurance.
- Assist in transfer pricing documentation if applicable.
Required Skills & Qualifications
- Chartered Accountant (CA)
qualified. - 13+ years of experience in
insurance
,
reinsurance
, or
financial services
. - Strong knowledge of
reinsurance
structures (treaty, facultative, proportional, non-proportional). - Expertise in
GST laws
, filings, and compliance. - Proficient in accounting standards and ERP systems (SAP, Oracle, Tally, etc.).
- Analytical and reconciliation skills.
- Excel and MIS reporting skills.
-
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