Manager - Finance

You desire impactful work.

You're
RGA ready
RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among its
World's Most Admired Companies
, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

General Summary

• Ensure Accurate and Complete Financial Reporting in a timely manner
• Ensure accurate accounting related to Revenue, Accounts Payable and Fixed Assets
• Lead and coordinate with statutory and internal auditors
• Understanding of IFRS (Ind AS) accounting for Indian Companies
• Strong analytical and reconciliation skills to ensure strong internal controls implementation and review

Responsibility
Finance Reporting and Audit

• To ensure accurate accounting related to Accounts Payable, Fixed Assets and Tax
• Ensuring the vendor invoices are processed on timely basis and as per agreed SLA with function
• Plan Vs Actual comparison and variance analysis to be presented to the management with reasoning for variances
• Ensure proper internal control is defined on various finance processes and
• Ensure that there is proper control over fixed asset procurement and timely physical verification is done
• Timely sharing of information and facilitate timely closure of Statutory Audit of both the Entities in relation to AP, Fixed Assets and Tax without escalations from Auditors
• Ensure timely closure of Internal Audit process and further improved process in terms of ageing visibility and closure of long aged items
• Ensure that all expenses are approved as per DOA and approval guidelines
• Ensure no overdue related party balances in the financials
• Manage the month, quarter and year-end close-down process

Account Reconciliation, Balance Monitoring and Regulatory Reporting

• Analysis of Balance Sheet Codes and ensuring balances are accurate and current
• Reconciling balances with the source system Ensuring Tax Compliances with respect to right TDS rates on expense invoices, GST rates on Invoices and IUC expenses
• Assist with reviewing policy account balances including Premiums Receivable and assisting with addressing collection issues with Premium Receivable.
• Ensure effective cash management, including monitoring future cash requirements and ensuring efficient levels of funding are available
• Ensure completion of periodic returns to proper authorities
• Ensure completion of regulatory returns, tax filings and annual financial statements

Process Improvement

• Ensure a formal review mechanism of existing process and drive process improvements in expenses processing and financials reporting
• Ensure to be the part of Budgeting Activity in respect to Non-Insurance related Expenses in consultation with the reporting Manager
• Driving expense analysis and expense control.
• Ensure on time closure of the assignment as agreed with the stake holder and reporting Manager

Risk Management

• Ensure that accounting process is in line with SOX Narratives.
• Ensuring no unreconciled items in bank reconciliation
• Implementation of new process and controls to ensure that there is no concerned areas of the Auditors related to non-insurance and if any, then same is taken care of.
• Ensure working closely with regional team responsible for handling inter unit charges, so as to determine tax implications and balances are settled without delay.

Education And Experience

• Preferably a qualified Chartered Accountant with 4-5 years of work experience
• Experience of Financial Reporting, Insurance Accounting, System reconciliations
• Exposure to Indian private limited company financial reporting will be an added advantage
• Managing and leading statutory audit processes
• Good command over written and spoken English
• Proficiency in Microsoft Excel will be added advantage and capability to work on standard reporting tools will be an added advantage like Power BI
• 3-5 years of middle management work experience in an insurance accounting and tax

Skills And Abilities

• Accounting knowledge, i.e. India GAAP, Ind AS and US GAAP
• Good understanding of insurance. reinsurance business
• Stakeholders management
• Ability to strictly adhere to timelines and Project Management skills
• Ability to resolve complex issues independently, drawing on knowledge of the industry and accounting principles
• Company Secretarial – filing returns
• Basic coordination of legal work – agreements, contracts etc.
• Knowledge / experience of foreign exchange matters

What you can expect from RGA

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Join the bright and creative minds of RGA, and experience vast, endless career potential.