Manager
1 day ago
Position Title, Responsibility Level
Manager
FunctionClose and Consolidation
Reports to
AVP
Permanent/ TemporaryPermanent
Span of Control8 - 15 members
LocationNoida – C59
Basic Function –- Process entails review of local GAAP adjustment journals for APAC, EMEA and LATHAM countries for an insurance client.
- Manage the period – end close cycle – Month-end/Quarter-end/Annual for local books of various countries
- Expert knowledge on GAAP consolidation cycle and ability to review consolidation financials and provide commentary for Group consolidation.
- Preparation & review of annual planning process & monitoring timely completion.
- Preparation and review of monthly operating reviews, business commentary, CFO presentations.
- 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
- 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
- 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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