Finance -Insurance Finance (Investment accounting) Senior Professional

KKR India Asset Finance; Gurugram District; On-site; INR 10,00,000 - 15,00,000; Full time

Job summary

A leading financial services firm in Gurugram is seeking a candidate to support accounting for strategic investments including real estate and renewable energy. The ideal candidate will have a Chartered Accountant qualification or advanced finance degree, with 4-6 years of relevant experience. Key duties include preparing ledger reconciliations and creating management reports. Strong technical accounting skills and familiarity with US GAAP are essential.

Qualifications

• Qualified Chartered Accountant preferred or advanced degree in Finance required.
• 4-6 years of relevant experience.
• Strong technical accounting skills and knowledge of US GAAP.
• Familiarity with investment accounting systems and subledger implementations.

Responsibilities

• Prepare monthly and quarterly ledger reconciliations for investment results.
• Perform month-end and quarter-end closing procedures.
• Prepare management reports that provide analysis of investment results.
• Collaborate with auditors on periodic monitoring of investments.

Skills

Technical accounting skills

Strong analytical skills

Proactive and detail-oriented

Excellent communication skills

Computer skills including MS Excel

Education

Chartered Accountant or advanced degree in Finance

Tools

Investment accounting systems

Job description

Overview

KKR Finance supports the strategic direction of the Firm by ensuring efficient and effective financial planning, analysis, budgeting, reporting, compliance, accounting, and stewardship of financial risks and controls. By doing so, the teams produce accurate financial information for decision making, ensure compliance with financial regulations and policies, and provide leadership for operational improvements, cost savings and strategic investments that align with the Firm s culture and long-term goals.

POSITION SUMMARY

KKR Insurance Finance is seeking a candidate to support the accounting for its strategic investments, including but not limited to real estate and renewable energy which entails preparing the monthly and quarterly ledger reconciliations to validate the accuracy of the investment results provided by various third-party administrators ( TPA ) on a GAAP basis and preparation of required GAAP 10Q/K investment disclosures for these.

ROLES & RESPONSIBILITIES

• Work cross functionally to recognize and record complex new investment transactions, including but not limited to renewable energy and real estate investment acquisitions and dispositions.
• Responsible for the monthly investment and suspense reconciliations. This includes the ledger and TPA statements for various subsidiaries on a GAAP basis, including preparing and reviewing journal entries, account reconciliations and other investment accounting activities.
• Perform month end and quarter end closing procedures, including analytical reviews of Special Purpose Vehicle ( SPV ) financial statements, income statement and balance sheet.
• Perform control functions in compliance with Sarbanes-Oxley Section 404 and NAIC Model Audit Rule.
• Prepare monthly and quarterly management reports that provide analysis of investment results.
• Oversight and monitoring of activity in each SPV assigned.
• Perform ad hoc analysis and assist with special projects, as requested.
• Collaborate with functional teams, including Auditors on requests and periodic monitoring of investments.

QUALIFICATIONS

• Qualified Chartered Accountant preferred or advanced degree in Finance required.
• 4-6 years of relevant experience.
• Renewable energy and real estate investment accounting background (strongly preferred).
• Strong technical accounting skills and knowledge of US GAAP and Statutory accounting principles related to investments.
• Familiarity with complex transactions, internal securitizations and SPVs.
• Strong analytical skills.
• Familiarity with investment accounting systems.
• Experience with subledger implementations preferred.
• Excellent computer skills, including MS Excel.
• Pro-active, detail oriented, deadline driven and possess excellent documentation.
• Results oriented, flexible, self-motivated, and able to work in a team environment with limited direct supervision.
• Solid written and oral communication skills.
• Proven ability to successfully handle competing priorities and multiple deliverables.