Process Lead - Investment Accounting

AXA Global Business Services Pvt. Ltd.; Bengaluru; Vor Ort; INR 700.000 - 1.100.000; Vollzeit

Zusammenfassung

AXA Global Business Services Pvt. Ltd. in Bengaluru is seeking a Process Leader for Investment Accounting & Reporting within the Ship IAR domain. The role emphasizes accurate asset designation, exposure to balance sheet finalization, and governance of hedge accounting and reporting processes.

The candidate will maintain reporting policies, perform data analysis, and support consolidation activities across sub-ledger and fund results. Open to European shifts and requires a valid passport.

Qualifikationen

• 3 years experience in investment accounting/reporting for insurance firm.
• Exposure to finalization of balance sheet, understanding accounting cycle or Experience in trade entry & Asset servicing/ corporate actions/ OTC transactions/ cash and custody position reconciliation mandatory.
• Previous experience in an Insurance / Asset Management Shared Service environment.

Aufgaben

• Identify process efficiencies and participate in process improvement initiative.
• Make updates and amendments to process documentation.
• Participate in training sessions.
• Perform transactional activities related to the function with expected delivery; include Investment Accounting tasks.
• Manage sub-ledger preparation and fund/consolidation activities.
• Handle valuation and pricing, accruals/deferrals of interest.
• Support hedge accounting designations and postings.
• Prepare and distribute reporting and obtain sign-offs.

Kenntnisse

Process improvements

Analytical thinking

Problem solving

Multi-tasking

Teamwork

Communication skills

Tools

SAP

SQL

TOAD

Business Objects Web

Jobbeschreibung

Accounting Derivatives IFRS Financial Markets MS Office

Job Description

Process Leader – Investment Accounting & Reporting

Job Title

Process Leader

Team / Domain

Investment Accounting & Reporting

Department

Ship IAR

Reporting To

RESPONSIBILITIES

Operational Responsibilities

• Identify process efficiencies and participate in process improvement initiative
• Make updates and amendments to process documentation
• Participate in training sessions
• Perform transactional activities related to the function at the expected level of delivery in terms of turnaround time and quality while performing the following processes.
• Investment Accounting: Asset designation, initial designation of interfaced trades, Initial designation of manual trades, change of designation, de-recognition.
• Sub ledger preparation, Nautilus group consolidation, fund summary consolidation.
• Valuation and pricing : Accrual/ deferral of interest, valuation pricing
• Impairment processing and delivering data to general ledger
• Hedge Accounting & designation: Post designations, generate the postings, Post hedge accounting items, post in F1, Generate the postings, post hedge accounting designation
• Reporting: Maintain and communicate reporting policies, prepare and analyze reports, distribution of reports and acquiring sign offs & reports submission

Managerial Responsibilities

• None as the candidate has no direct report
• Responsible for service delivery by team on agreed key performance metrics of turnaround time, quality, etc.
• EDUCATION, EXPERIENCE, SKILLS & TECHNICAL COMPETENCIES

Education and Experience

• 3 years experience in investment accounting/reporting for insurance firm
• Exposure to finalization of balance sheet, understanding accounting cycle or Experience in trade entry & Asset servicing/ corporate actions/ OTC transactions/ cash and custody position reconciliation mandatory

AND

• Previous experience in an Insurance / Asset Management Shared Service environment
• Good with management information systems
• General understanding of Insurance Business with ability to articulate the different dimensions and indicators with reference to a reporting function would be an added advantage
• Open to working in European shifts
• Must possess valid passport

Key Skills and Competencies

• Ability to support transfer of technical knowledge to team
• Ability to identify and drive process improvements
• Good logical, analytical and problem solving abilities
• Ability to handle process escalations, identify issues and risks and propose resolutionAbility to multi-task and prioritize work
• Ability to work harmoniously as part of a team
• Ability to interact with internal(AXA) and external(custodians/bankers etc.) entities
• Prior experience of working on SAP
• Experience of working on tools such as Business Objects Web, SQL, Toad will be an added advantage
• Ability to perform tasks on multiple computer applications

Language Skills

• English - speaking, reading and writing
• Knowledge of other European languages will be an added advantage