Manager – Financial Reporting – CA

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.