Senior Manager - Finance and Accounts

Tata AIA Life Insurance Company Ltd.; Thane; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Tata AIA Life Insurance Company Ltd. is seeking a seasoned forensic specialist to validate and approve high value expense claims within Finance.

The role requires cross‑industry expertise, advanced forensic audit capabilities, and the ability to engage internal and external stakeholders. The incumbent will collaborate with the fraud monitoring unit, implement forensic tools, and prepare detailed forensic review reports while ensuring regulatory compliance and confidentiality across

Qualifications

• Graduate with relevant degree or professional qualification.
• Forensic course or Certified Fraud Examiner (CFE) preferred.
• CA / CFA / MBA qualifications considered advantageous.

Responsibilities

• Review invoices and supporting documents to determine authenticity of high-value expense claims.
• Utilize data analytics to identify collusion and abnormal trends by geography or hierarchy.
• Implement and manage forensic tools/systems to mitigate fraud risk.
• Prepare and maintain Fraud Risk process manual with indicators and controls.
• Lead complex investigations with thorough documentation and evidence preservation.
• Collaborate with fraud monitoring unit and legal teams to drive resolution.
• Prepare detailed forensic review reports for senior management and stakeholders.
• Ensure compliance with regulatory requirements and company policies.
• Maintain confidentiality and integrity in investigative processes.
• Adopt best practices from other industries to enhance fraud detection.
• Benchmark and implement best practices in forensic review and fraud risk management.
• Represent Finance in internal forums, investigations, and fraud prevention initiatives.

Skills

Data analytics

Forensic accounting

Fraud investigations

Stakeholder management

Regulatory compliance

Education

Graduate

Forensic course or Certified Fraud Examiner (CFE)

CA / CFA/MBA

Job description

We are seeking a seasoned forensic specialist with high technology orientation in the area of expense processing and management to be part of the Finance function to validate and approve high value expense claims. This role demands cross-industry expertise, advanced forensic audit capabilities (including digital data analytics) and the ability to engage effectively with internal / external stakeholders. The incumbent would also work closely with the fraud monitoring unit to remain up to date with changing environment and work on preventive measures.

DKey Result Areas

• Review invoices/supporting documents submitted by Vendors/employees to determine authenticity/genuineness of such invoices/supporting documents for high value expense claims.
• Should have data analytics capability to identify collusion, abnormal trends/variances in particular section of vendors/employees based including but not limited to geography, hierarchy which is against the code of conduct/ethical practices.
• Implement and manage appropriate forensic tool/system and process to mitigate the Fraud Risk.
• Prepare and maintain Fraud Risk process manual with appropriate Fraud Risk indicators and controls to mitigate the same.
• Direct complex investigations into suspected fraud cases, ensuring thorough documentation and evidence preservation.
• Collaborate with fraud monitoring unit and legal teams to drive resolution and recommend corrective actions.
• Prepare detailed forensic review reports for senior management and other internal stake holders.
• Ensure compliance with regulatory requirements, industry standards, and company policies.
• Maintain confidentiality and integrity in all investigative processes.
• Ensure best management practices from banking, healthcare, fintech, and other industries to enhance insurance fraud detection frameworks.
• Benchmark and implement best practices in forensic review and fraud risk management.
• Act as Finance representative in internal forums, investigations, and fraud prevention initiatives of Organization.

Qualification

Graduate

Forensic course or Certified Fraud Examiner (CFE)

CA / CFA/MBA

Experience

6 - 10 years of experience in fraud risk, investigations, forensic accounting, or internal audit.