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EY Senior Manager-Controllership - Finance FS 
India, Karnataka, Bengaluru 
481999798

23.06.2024

- Senior Manager Accounting and Controllership –Insurance ( life / Pand C )
- 16+ Years


Responsibilities and duties:

  • Required finance professional with 16+ years of cross functional experience in Insurance Business covering entire spectrum of R2R, AP, AR involving various accounting operations, GL close, Global Analytics, , External reporting.
  • Prepare accurate monthly financial reports, assist in the preparation of presentations that provide thoughtful analysis, identify action items, and effectively frame decisions that need to be made.
  • Review, process, gather, and compile accounting transactions and documents throughout the month for completeness, accuracy, and compliance with general accounting principles and established internal control policies and procedures.
  • Partner with stakeholders across Divisional Financial Operations to improve financial and accounting accuracy.
  • Exposure to any Accounting Changes Transformation & Future of Finance-Journey Mapping
  • Inquisitive about the potential that emerging technologies offer and passionate about defining an effective and sustainable framework that delivers a positive and lasting impact on people and organizations.
  • Participate in the development of and support the company’s strategic plans, Monitor the financial performance of the company.
  • Compile and analyse financial reporting packages, Prepare monthly and annual operating budgets.
  • Develop and manage financial controls in accordance with the company’s procedures.
  • Communicate financial metrics to senior management, provide leadership and support to accounts receivable and accounts payable departments.
  • Manage the preparation of payroll for personnel, keep up to date on current trends.

Skills And Attributes for Success

  • Technical accounting research and advisory
  • Accounts Receivable
  • Billing & Collections
  • BU Accounting
  • Investment Accounting
  • Reinsurance Accounting
  • Tech and Non-tech Reconciliations
  • Cash/ Settlement Application
  • Claims Processing
  • Month End Closing Activities
  • Chart of Accounts/ Master data Maintenance
  • Allocation and Maintenance Inter-co adjustments
  • Inter-company/Balance Sheet Reconciliation
  • IBNRs/ Reserves Booking
  • Expert knowledge of US GAAP standards
  • Extensive hands–on experience in the Insurance accounting and Controllership
  • GAAP conversions and implementation of new accounting standard

To qualify for the role, you must have.

  • Master’s degree in business, Accounting, Finance or related discipline such as accounting designation (CA ,CMA, ACCA or CPA ), or an equivalent combination of related experience and education
  • Minimum 10 years in Life Insurance accounting experience in a senior accounting or financial management role with at least 5 years’ experience in Life Insurance
  • Strong interpersonal and communication skills
  • Impeccable analytical and organizational skills
  • Self-motivated and self-directed
  • Ability to work closely with a senior management team.

Ideally, you’ll also have

  • Proficiency in MS – Excel, MS – Office.
  • Experience in Life Insurance and preferably Big4 from consulting firms.

What we are looking for

  • A team player with a curious mindset – should be open to continuous learnings and improvements.
  • Individual contributor / small team – so must drive end to end.
  • Self-driven with an ability to produce high quality output and self-checks with minimal supervision.



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