Corporate Accounting Manager

Empower; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Empower Bengaluru seeks an Experienced Accountant to drive key accounting and statutory reporting functions with strict adherence to policies and internal controls.

You will lead GL maintenance, reconciliations, and month-end activities, partnering with internal teams and auditors to ensure accurate financial statements under US GAAP, IFRS, and NAIC standards. The role may evolve into team leadership.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field or equivalent work experience.
• Eight (8) years of progressive accounting experience.
• Strong knowledge of U.S. GAAP, IFRS, and NAIC Statutory Accounting Principles.
• Experience with general ledger accounting, journal entries, reconciliations, and month-end close.
• Experience supporting external audits and working with internal and external auditors.
• SOX requirements knowledge and internal control practices.

Responsibilities

• Lead general accounting and statutory financial reporting processes.
• Oversee maintenance of the general ledger and month-end close activities.
• Ensure ledger balances are accurate and reconciled to subsidiary ledgers.
• Act as SME for complex accounting matters and issue resolution.
• Lead preparation and review of financial statements under U.S. GAAP, IFRS, and NAIC standards.
• Oversee quarterly and annual statutory filings with state regulatory agencies.

Skills

US GAAP

IFRS

NAIC Statutory

Month-end Close

Education

Bachelor's degree in Accounting

Tools

General Ledger Systems

Job description

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Under limited supervision and acting within established policies and procedures, leads key aspects of the company’s general accounting and Statutory financial reporting processes. Leads staff responsible for the maintenance of the general ledger across all bases of accounting and ensures balances are appropriate and supported by subsidiary ledgers. Supervises the preparation, analysis and review of financial statements in accordance with NAIC Statutory Accounting standards. Assists with external review and audit coordination and SOX compliance efforts.

What You Will Do

• Lead key aspects of the company’s general accounting and statutory financial reporting processes in accordance with established accounting policies, procedures, and internal controls.
• Lead and oversee maintenance of the general ledger across applicable bases of accounting, including journal entries, account reconciliations, and month-end close activities.
• Ensure general ledger balances are accurate, appropriately supported, and reconciled to applicable subsidiary ledgers.
• Serve as a subject matter expert for complex and escalated accounting matters, researching issues and recommending appropriate resolutions.
• Lead the preparation, analysis, and review of financial statements in accordance with U.S. GAAP, IFRS, and NAIC Statutory Accounting Principles.
• Lead the design, preparation, and review of quarterly and annual statutory filings submitted to state regulatory agencies.
• Ensure statutory financial filings are accurate, complete, and submitted within required deadlines.
• Perform and review variance analysis for financial statement line items across applicable accounting bases.
• Identify opportunities to improve accounting processes, controls, and workflow efficiency across the team’s areas of responsibility.
• Partner with Investment Operations, Internal Reporting, Valuations, and other business functions to support timely and accurate statutory reporting.
• Lead aspects of external audit and financial statement review coordination and work closely with internal and external auditors.
• Lead the design and implementation of SOX controls related to accounting and financial reporting processes in partnership with Internal Audit.
• Maintain an effective internal control environment by identifying, mitigating, and remediating SOX compliance issues.
• Support implementation of technical accounting policies and procedures in partnership with the Technical Accounting team.
• Monitor financial reporting, statutory accounting, and regulatory developments that may affect the business.
• Lead and provide guidance to accounting staff responsible for general ledger maintenance and financial reporting activities.

What You Will Bring

• Bachelor’s degree in Accounting, Finance, or a related field, or equivalent work experience.
• Eight (8) years of progressive accounting experience.
• Strong knowledge of U.S. GAAP, IFRS, and NAIC Statutory Accounting Principles.
• Experience with general ledger accounting, journal entries, account reconciliations, and month-end close processes.
• Experience preparing, reviewing, or supporting financial statements and statutory financial reporting.
• Experience supporting external audits and working with internal and external auditors.
• Knowledge of SOX requirements and accounting or financial reporting controls.
• Strong analytical and problem-solving skills, including experience researching complex accounting matters.
• Ability to manage multiple accounting and reporting priorities within established deadlines.
• Strong written and verbal communication skills with the ability to collaborate across accounting, finance, operations, audit, and other business functions.
• Prior experience in leading, supervising or reviewing work of accounting professionals. The role will start as an individual contributor but may lead a team over time.

What Will Set You Apart

• 4 or more years of experience within the insurance or financial services industry or direct experience preparing or reviewing NAIC statutory quarterly and annual statements and related state regulatory filings
• CPA certification or progress toward CPA certification preferred.

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.