Manager

1 day ago


India Noida Centre Noida Insurance Full time ₹ 12,00,000 - ₹ 36,00,000 per year
Job Description

Position Title, Responsibility Level

Manager 

Function

Close and Consolidation

Reports to 

AVP

Permanent/ Temporary

Permanent

Span of Control

8 - 15 members

Location 

Noida – C59

Basic Function – 
  1. Process entails review of local GAAP adjustment journals for APAC, EMEA and LATHAM countries for an insurance client. 
  2. Manage the period – end close cycle – Month-end/Quarter-end/Annual for local books of various countries
  3. Expert knowledge on GAAP consolidation cycle and ability to review consolidation financials and provide commentary for Group consolidation.
Essential Functions
  • Preparation & review of annual planning process & monitoring timely completion.
  • Preparation and review of monthly operating reviews, business commentary, CFO presentations.
Primary Internal Interactions
  • Manager/ Assistant Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support
  • Manager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performance
  • Peers (team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required
Primary External Interactions
  • Onshore Team Manager and SMEs for daily planning of work and execution of deliverables
  • Must demonstrate effective and diplomatic oral and written communication skills 
  • Strong time management and organization skills

Organizational Relationships

Reports To : Senior Manager / AVP Supervises : 6 – 10 members

SkillsTechnical Skills
  • Chartered Accountant, CPA, CFA or equivalent with 6 - 8 years' experience in US GAAP / IFRS accounting experience
  • B.Com with strong practical experience in Accounting and reporting for more than 10-12 years

Process Specific Skills

  • Should have expert level understanding of GAAP accounting principles and procedures. 
  • Requires the knowledge and ability to review Journals, reconciliations provide solutions to technical accounting issues and organize projects
  • Insurance accounting regulatory reporting experience or US GAAP/IFRS knowledge mandatory.
  • Strong knowledge of Group Consolidation accounting and financials
  • Ability to understand the significance of various activities in a statutory/GAAP accounting close cycle and deliver results accordingly. 

Soft skills (Desired)

  • Must demonstrate effective and diplomatic oral and written communication skills 
  • Strong time management and organization skills
  • Effective people management skills

Soft Skills (Minimum)

  • Self-disciplined and result oriented
  • Ability to multi task
  • Ability to work effectively as part of a team
  • Commitment and drive for results
  • Strong analytical skills 
  • Ability to understand and question established process guidelines in order to bring about possible process improvements
  • Ability to pay great attention to detail – especially during processing of transactions
 Education Requirements
  • Chartered Accountant, CPA, CFA or equivalent with 6 - 8 years' experience.
  • B.Com with strong practical experience in reporting for more than years

Work Experience Requirements

  • 6 - 9 years of experience in technical accounting or reporting area preferably with an insurance company. 
  • 3+ years of supervisory experience in the field of Insurance/Reinsurance accounting for SM
  • 2+ years of supervisory experience in the field of Insurance/Reinsurance accounting for Manager
  • Should have good understanding of GAAP accounting principles and procedures. 

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