Sr. Team Member - Financial Reporting

Star Union Dai-ichi Life Insurance Company Limited; Navi Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A prominent life insurance firm in Maharashtra is looking for a Mid-Senior level professional to oversee financial reporting and analysis. Responsibilities include preparing financial statements, ensuring compliance with accounting standards (IFRS/Ind AS), and managing interactions with auditors. Ideal candidates should have a strong background in financial accounting, ideally within the insurance sector. This is a full-time position.

Qualifications

• Strong background in Financial Accounting and Reporting Services, preferably in a life insurance or public accounting firm.
• Good understanding of accounting standards.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements.
• Review accounts for accuracy and compliance.
• Liaise with auditors and respond to inquiries.
• Conduct financial analysis and report findings.

Skills

Financial Accounting

Reporting Services

Technical Accounting Knowledge

Understanding of IFRS/Ind AS

Job description

Responsibilities

• Overall responsibility of monthly, quarterly, and annual preparation of financial statements
• Periodical review of accounts to ensure a high standard and correct disclosure
• Work with other team members to understand revenue and cost drivers and its accounting (i.e.. used in the allocation of indirect cost)
• Liaison with internal and external auditors and replying to the observations raised
• Ensuring integrity and completeness of financial records, and ensuring compliance with finance control standards
• Analysing company's financial results with respect to profits, trends, costs and compliance with budgets. Issue periodical status and ad hoc reports to senior management
• Conduct financial analysis and prepare detailed financial reports and statements for the management
• Ensuring timely reporting to shareholders, timely compliance of Regulatory reporting and statutory reports
• Preparing note and presentation (related to finance vertical) for periodical committee meetings
• Providing inputs and financial content for annual report, including ensuring its accuracy, completeness and overall quality assurance
• Manage accounting systems and maintain full and accurate accounting records

Key Skills

• Strong background of Financial Accounting and Reporting Services is essential, inclusive of other Life insurance company and public accounting firm experience.
• Good technical accounting knowledge and understanding of accounting standards and/or IFRS/Ind AS

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Finance and Accounting/Auditing

Industry

Insurance

Location

Bhiwandi, Maharashtra, India