Assistant Manager, Chief Accounting & Capital Office

AXA XL; Gurugram District; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Flexible working

Family-friendly leave

Diversity initiatives

Inclusive culture

Job summary

AXA XL in India seeks a detail-oriented Financial Reconciliation and Reporting Specialist to ensure the accuracy of financial data, streamline reporting processes, and support audit and regulatory compliance.

You will perform balance sheet reconciliations, data reconciliations, prepare MAS and GST filings, assist external auditors, and contribute to quarterly management reporting with variance analysis. The role reports to the Senior Manager, Chief Accounting and Capital Office.

Qualifications

• CA/CPA or MBA Finance with relevant experience.
• Strong understanding of financial statements and reconciliations.
• Experience with regulatory reporting and audits.

Responsibilities

• Investigate and resolve long-standing balances on the balance sheet.
• Reconcile system data with source data to identify discrepancies.
• Close audit points raised during internal and external audits.
• Coordinate with external auditors for timely deliverables.
• Prepare MAS regulatory reporting and GST-related matters.
• Prepare quarterly management reporting with variance analysis.
• Post quarterly/annual journal entries and interfund transfers.
• Identify process improvements in reporting workflows.
• Reconcile operating expenses and assist in bank reconciliations.
• Prepare board reporting slides and finance-related documentation.
• Support adhoc analytics and reporting requests.

Skills

Financial statements

Balance sheet reconciliation

Data reconciliation

Audit support

Regulatory reporting

Attention to detail

Education

CA/CPA or MBA Finance

Tools

ERP systems

Data reconciliation processes

Job description

We are seeking a detail-oriented and proactive Financial Reconciliation and Reporting Specialist to join our team. The successful candidate will be responsible for ensuring the accuracy and integrity of our financial data, streamlining reporting processes, and supporting audit and regulatory compliance.

What you'll be doing

What will your essential responsibilities include?

• Investigate long-standing balances on the balance sheet and facilitate necessary adjustments to ensure accurate financial statements.
• Perform reconciliation of system data with source data to identify discrepancies and ensure data integrity.
• Address and close audit points raised during internal and external audits efficiently.
• Coordinate with external auditors to ensure audit deliverables are produced and issued on a timely manner.
• Prepare, review, and enhance current processes for MAS regulatory reporting and adhoc/annual surveys of Llyods’ Asia to ensure compliance and timeliness.
• Prepare quarterly tax and GST related matters to tax authorities on a timely basis.
• Prepare and enhance quarterly management reporting with variance analysis.
• Carry out closing process which includes quarterly/annually journal entries posting, processing interfund transfer, etc.
• Identify opportunities for process improvements in reporting workflows to increase efficiency and accuracy.
• Process operating expense and reconcile payments with bank statements, and assist in preparing necessary information for bank reconciliations.
• Prepare and compile board reporting slides and other finance-related documentation for review by the finance team.
• Provide any adhoc finance team requests covering analysis and reporting purposes.

You will report to Senior Manager, Chief Accounting and Capital Office.

What you'll bring

We’re looking for someone who has these abilities and skills:

Required Skills And Abilities

• CA/CPA with relevant years of experience OR MBA Finance/Post Graduate/CA Inter with relevant years of experience in reputed organization.
• Robust understanding of financial statements, balance sheet reconciliation, and accounting principles.
• Experience with financial systems and data reconciliation processes.
• Analytical mindset with the ability to investigate and resolve discrepancies.
• Excellent problem-solving skills and attention to detail.

Desired Skills And Abilities

• Ability to work self supportedly and collaboratively within a team.
• Knowledge of IFRS/USGAAP is required.
• Insurance/reinsurance experience is preferable.

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another and our business to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We’re committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see axaxl.com/sustainability.

Who we are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business - property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com.