Manager| F&A| Insurance Broker Accounting| 8+yrs| Hybrid| Mumbai

7 days ago


Mumbai, Maharashtra, India Gryphon Hytech Services Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Role : Manager IBA (Insurance Broker Accounting)

Location : Mumbai

Shift : 12PM to 9PM or 1PM to 10PM

Work model : Hybrid (5 days a month)

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*IMMEDIATE JOINERS ALERT*

We're looking for candidates who can *join immediately*.

If you're available, please *send your CV via WhatsApp only* to: * *

Please note: *No calls* will be entertained.

*******************************************************************************************

Job Description:

Position Summary

  • Seeking a candidate with at least 2 years of experience as an IBA (Insurance Broker Accounting)Manager and an additional 4 years of experience as an Assistant Manager before the current role.
  • Managed minimum span of control 50 at Manager level
  • Ensuring compliance with the accounting standards and regulations knowledge about UK Insurance Market and optional Bureau Market
  • Highly knowledgeable in the broad spectrum of accountancy accounting practices

Primary Responsibilities

  • Ensuring team is:

  • Reconciling and reviewing Insurer Accounts, Claims and Bureau Accounts as per policy

  • Performing month end activities e.g. meeting the targets and SLAs

  • Review and investigate reconciliation variances

  • Management and clearing of Open items, including timely communication to stakeholders

  • Prepare/Approve Reporting in line with onshore and Firm requirements

  • Conduct regular calibration and refresher sessions

Additional Responsibilities

  • Make sure process essential documents are up to date - SOP, Training Gantt and manuals, Error Log and other relevant documents
  • Review Training need analysis both process and non-process related
  • Foster Innovation and automation mindset within team, driving continuous improvements - Process efficiencies, Automation, best practices implementation
  • Upskill team process knowledge and resolve process related queries
  • Ensure financial integrity and timely monthly and year end close processes
  • Partner with stakeholders across Divisional Financial Operations to improve financial and accounting accuracy
  • Review and investigate reconciliation variances, assisting management to develop appropriate action plans addressing issues identified
  • Provide support for internal and external audits including control walkthroughs, documentation support and inquiry response
  • Manage multiple projects simultaneously and coordinate cross-functionally to meet strict project execution deadlines
  • Drive on-time, accurate & quality service delivery within agreed upon SLAs for assigned processes

Skills and Competencies

  • Good working knowledge of accounting standards, account reconciliations and month end close experience
  • Knowledge of the insurance brokerage business (Mandatory)
  • Experience in Accounts / Audit / Preparation and Consolidation of Financial Statements
  • Proficiency with Excel and Access including links, macros, database development and forms (non- mandatory)
  • Proficient computer, financial data, internal consulting and customer-focused communication and presentation skills
  • High level of attention to detail
  • Excellent Communication
  • Leadership skills and ability to work with various teams; should be able to forge meaningful and well-established relationships with various stakeholders
  • Must possess analytical skills. Responsible for advanced problem solving and must filter, prioritize, analyze and validate information
  • Overseas transition experience would be beneficial though not mandatory

Minimum Qualifications

  • Education Major B Com, M Com, BBA/MBA in Finance
  • Degree Bachelor Master
  • Licenses/Certificates

Work Experience

  • Minimum 8 years

Remarks

Since it is a requirement in the UK, shifts will be in the afternoon reflecting UK working hours and holidays will be as per UK Bank Holiday. Candidate should preferably residing in Mumbai



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