FR-Ind AS- Insurance/Reinsurance

Promaynov Advisory Services Pvt. Ltd; Mumbai; On-site; INR 700,000 - 900,000; Full time

Job summary

Promaynov Advisory Services Pvt. Ltd in Mumbai is looking for an experienced accounting professional to support end-to-end implementation of accounting processes and ensure compliance with Ind-AS standards. You will prepare financial statements and coordinate with internal stakeholders during the implementation process.

The ideal candidate holds a CA or equivalent qualification, has 4–6 years of relevant experience, and possesses strong analytical and communication skills. Familiarity with ERP systems like SAP or Oracle is a plus.

Qualifications

• 4–6 years of relevant accounting and financial reporting experience.
• Proven experience in Ind-AS implementation or financial reporting.
• Strong understanding of key Ind-AS standards.

Responsibilities

• Support end-to-end implementation of accounting processes.
• Prepare and review Ind-AS compliant financial statements.
• Identify process improvement opportunities related to Ind-AS compliance.

Skills

Qualified CA or equivalent

Ind-AS knowledge

Proficiency in MS Excel

Experience with ERP systems

Analytical skills

Education

CA or equivalent finance/accounting qualification

Tools

SAP

Oracle

Job description

Key Responsibilities

• Support end-to-end implementation and transition of accounting processes in line with Ind‑AS requirements.
• Perform gap assessment between existing accounting practices and applicable Ind‑AS standards.
• Prepare and review Ind‑AS compliant financial statements, disclosures, and supporting schedules.
• Assist in accounting treatment and documentation for complex transactions under Ind‑AS.
• Coordinate with internal stakeholders, auditors, and consultants during the implementation process.
• Prepare accounting position papers, technical accounting memos, and policy documentation.
• Ensure compliance with regulatory and statutory reporting requirements.
• Support month‑end and year‑end closing activities.
• Assist in financial statement consolidation and reporting.
• Identify process improvement opportunities and strengthen financial controls related to Ind‑AS compliance.

Required Qualifications

• Qualified CA or equivalent finance/accounting qualification.
• 4–6 years of relevant accounting and financial reporting experience.
• Proven experience in Ind‑AS implementation, transition, or financial reporting under Ind‑AS.
• Strong understanding of key Ind‑AS standards and disclosure requirements.
• Experience in preparing financial statements and audit support documentation.
• Proficiency in MS Excel and ERP systems (SAP, Oracle, or similar).
• Strong analytical, problem‑solving, and communication skills.