Responsibilities and duties:
- Required finance professional with 8+ 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.
- 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 8 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.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.