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AVP-Financial Reporting

3 months ago

Mumbai, India CA Monk Full time
Job Description
What are we looking for?
  • To ensure proper financial reporting of the Company on a timely basis with proper analysis.
  • To ensure compliance with all IRDAI reporting on time accurately with quality.
  • To prepare and manage subsidiary company accounts by ensuring complete understanding and meeting timelines for the Board and other requirements by regulatory authorities.
  • To manage parent/promoter company requirements by coordinating with them and ensuring proper closure.

What does the job entail?
  • Timely and accurate reporting of financials for the Company including the reporting of SEBI LODR Disclosures requirements.
  • Preparation and overall management of subsidiary company accounts including analysis and review, coordination with auditors, closing Board requirements on time, explanation to management, etc.
  • Preparation and analysis of consolidated accounts and notes to accounts.
  • Timely and accurate submission of all IRDAI reports on a monthly/quarterly/half-yearly and annual basis.
  • Contribute to preparation of notes to accounts on a standalone and consolidated basis ensuring requirements of regulations and accounting standards are met.
  • Preparation of reporting requirements as required by promoter/parent including support in the preparation of Ind AS FFC/US GAAP/Schedule Sch V requirement for parent company.
  • Contribute to preparation of year-end and quarterly requirements including MD&A preparation, support in producing annual reports, related party disclosures, etc.
  • Identifying automation requirements and coordination for closure with IT and other stakeholders.
  • Analysis of the performance of competitors and identifying the best industry practices.
Education: 
  • CA
Work experience: 
  • CA with 10-12 years of experience in financial reporting.
  • Financial report preparation and analysis.
  • IRDAI accounting and reporting regulations - importantly finance finance-related.
  • Hands-on experience in MS Office.
  • Accounting standards knowledge.