Financial Reporting (US GAAP & IFRS)- Life Insurance

Our client is one of the leading private sector Life Insurance Company. It is listed on National stock exchange (NSE) and Bombay stock exchange (BSE)

Job Title : Financial Reporting – U.S. GAAP & IFRS

Location Mumbai : Malad Position

Role Purpose :

– The primarily responsibility is performing an end to end US GAAP reporting to bank, IFRS reporting to Prudential & financial reporting to internal stakeholders.

Key Accountability :

– Financial statements & relevant disclosures as per US GAAP guidelines and instructions from Bank

– Annual review with CFO & Department head of US GAAP deliverables

– Ensure that timely and accurate US GAAP reporting to Audit Committee and Bank

– Financial statements & other deliverables as per IFRS framework and instructions from Prudential

– Half-yearly review by CFO & department head on the IFRS deliverables to Prudential

– Ensure timely and accurate monthly financial reporting to Prudential

– Ensure timely & accurate quarterly reporting to Actuarial team

– Quarterly review with CFO & Department Head on deliverables to Audit Committee and Bank

– Act as point of contact for technical queries on Accounting Standard, IND AS, Companies Act, SEBI & IRDAI Regulation etc.

– Study and evaluation of Ind AS and assist in transition to Ind AS

– Ensure compliance with SOX framework

Educational Qualification :

– Chartered Accountant (with 1-2 years’ experience from Big 4)/C.A. Fresher – Ist Attempt

Competencies (Knowledge & Skills) :

– Proficient in MS PowerPoint, MS Excel and MS word

– Strong verbal and written communication skills

– An analytical mind and inclination for problem-solving

– Attention to detail

– Knowledge of IND AS & Accounting Standards

https://www.iimjobs.com/j/financial-reporting-role-us-gaap-ifrs-life-insurance-ca-1-4-yrs-1178212.html?ref=sp