Manager – Financial Reporting – CA Talent Leads HR Solutions

The Corporate Institute; Mumbai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

The Corporate Institute in Mumbai seeks an experienced Chartered Accountant to lead financial reporting for an insurance group, ensuring IRDAI compliance and Ind AS/IFRS alignment.

You will coordinate statutory audits, drive regulatory submissions, and work with cross-functional teams on ERP upgrades and finance transformation.

The role demands strong analytical skills and hands-on expertise in insurance accounting and regulatory standards.

Qualifications

• CA qualification is mandatory.
• Minimum 5 years in insurance industry.
• Strong financial reporting and accounting experience.
• Experience with Ind AS, IFRS, and Indian GAAP.
• Regulatory reporting and IRDAI knowledge preferred.
• Audits management within an insurer advantageous.

Responsibilities

• Prepare and review statutory financial statements per IRDAI and Ind AS.
• Manage group reporting under IFRS with policy compliance.
• Coordinate with auditors and resolve audit observations.
• Support ERP implementation and finance transformation.
• Provide insights for management decision-making.
• Ensure timely regulatory submissions and disclosures.
• Interact with Finance, Actuarial, Tax, and other functions.

Skills

CA

IFRS

Ind AS

Regulatory reporting

ERP experience

Education

Chartered Accountant

Tools

ERP systems

Job description

Roles & Responsibilities:

• Prepare and review financial statements and financial reports in accordance with IRDAI regulations and Indian Accounting Standards (Ind AS / Indian GAAP).
• Manage Group financial reporting under IFRS, ensuring compliance with applicable Group accounting policies and reporting requirements.
• Prepare pro forma Ind AS financials for IRDAI reporting and regulatory requirements.
• Manage regulatory reporting to IRDAI, including BAP reporting, public disclosures, and other applicable regulatory submissions.
• Ensure timely, accurate, and compliant preparation of statutory and regulatory financial reports.
• Liaise with statutory auditors, internal auditors, and other auditors for audit planning, queries, financial reviews, and timely closure of audit observations.
• Coordinate with internal stakeholders to resolve audit queries and ensure timely completion of statutory and other audits.
• Review financial statements, schedules, and supporting documentation for accuracy and completeness.
• Conduct general ledger scrutiny and review accounting entries, reconciliations, provisions, and other financial transactions.
• Identify accounting and reporting issues and recommend appropriate corrective actions.
• Ensure appropriate application and interpretation of Ind AS, IFRS, Indian GAAP, and applicable insurance accounting and regulatory requirements.
• Support preparation of Group MIS and other management reporting requirements.
• Perform financial analysis and provide meaningful insights to support management decision-making.
• Work closely with Finance, Accounting, Business, Actuarial, Tax, and other relevant functions to ensure completeness and accuracy of financial reporting.
• Support ERP implementation, enhancement, and finance process transformation initiatives.
• Contribute to process improvements, automation, and strengthening of financial reporting and accounting controls.
• Keep abreast of changes in accounting standards, IRDAI regulations, reporting requirements, and industry practices and assess their impact on financial reporting.

Qualifications & Experience:

• Chartered Accountant (CA) qualification is mandatory.
• Minimum 5 years of relevant experience in the insurance industry.
• Strong hands‑on experience in financial reporting and accounting.
• Experience with Ind AS, IFRS, and Indian GAAP.
• Prior experience in regulatory reporting and IRDAI requirements will be highly preferred.
• Experience in managing statutory and other audits within an insurance organization.
• Exposure to ERP implementation or finance transformation projects will be an advantage.