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1878 Ernst & Young Jobs

FS-RC-FS Finance-A and C-Manager

10-15 years

₹ 27 - 21.65L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

FS-RC-FS Finance-A and C-Manager

Ernst & Young

posted 23hr ago

Job Description

Job summary
One of Big4 consulting firm, looking for Insurance domain hands on experienced to oversee all financial accounting and Controllership as per US GAAP. The successful candidate will be responsible for U/W P&L, Premium and Losses Entries, IBNRs Entries, Reserving , P&L Analytics, Balance sheet reconciliation and review, acquisition cost, forecasting, accounts payable, accounts receivable and financial reporting. This is a fantastic opportunity for a professional who thrives in a busy workplace and is well-versed in working closely with senior management.
and duties
  • Required finance professional with 12-15 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 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.







Employment Type: Full Time, Permanent

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What people at Ernst & Young are saying

3.2
 Rating based on 362 Manager reviews

Likes

Professionalism

  • Salary - Excellent
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Dislikes

Leadership strategy is not well thought through. They hire without even thinking and then later when they do not want people .. they will find several reasons to move out those people. MOST of the Senior Managers with whom I worked, didn't know the process at all. They are having comfortable life in ey because they been in the system..Read More

  • Job security - Bad
  • +2 more
Read 362 Manager reviews

Manager salary at Ernst & Young

reported by 7.6k employees with 4-18 years exp.
₹16 L/yr - ₹48 L/yr
80% more than the average Manager Salary in India
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What Ernst & Young employees are saying about work life

based on 10.8k employees
73%
90%
53%
92%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Ernst & Young Benefits

Work From Home
Soft Skill Training
Health Insurance
Job Training
Team Outings
Cafeteria +6 more
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Ernst & Young Bangalore / Bengaluru Office Locations

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Bangalore Office
Ernst & Young, 3rd Floor, Tower C, RMZ Infinity Municipal No. 3, Survey No 1477/2 & 10, Old Madras Road, Benniganahalli, K.R. Puram Bangalore
Karnataka 560016
Bengaluru Office
Ernst & Young Tower C, 3rd Floor, RMZ Infinity Municipal No. 3, Old Madras Road Survey No 1477/2 & 10 Benniganahalli, K.R. Puram 560016 Bengaluru Ernst & Young UB City, Canberra Block 12th & 13th Floor No. 24, Vittal Mallya Road Bengaluru Bengaluru
560001

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