Senior Manager - Finance & Accounts

Ind AS / IFRS

• Ensure detail analysis (including preparation of technical memos) and understanding of IFRS / IND AS, specifically on Ind AS / IFRS for Financial Instruments, Insurance Contracts, Leases.
• Ability to understand data flows across systems from source to target and data architecture under Ind AS / IFRS. Ability to conduct process walk-throughs of current processes and highlight / recommend process gaps, flaws and process changes.
• Experience of handling proforma reporting requirements of IRDA on Ind AS / IFRS.

Finance domain knowledge

• Experience of closing books of accounts on a monthly, quarterly and annual basis, post passing all necessary closing entries.
• Reviewing provisions for expenses, expense trending and explanation of variances.
• Scrutiny of ledger accounts, preparation of necessary account schedules and identification of exceptional items, if any.
• Processing transactions with related parties and other group companies and reporting in accordance with accounting standards and IRDA requirements.

Project-related skills

• Co-ordinating with auditors during audits and limited reviews.
• Ability to prepare summary presentations for facilitating discussions at various levels viz., Mancom, Steer Co, parent companies, industry forums, etc.
• Ability to work with cross-functional teams especially actuarial and technology.
• Having the foresight to draw down activities in a large-scale Ind AS / IFRS project, list down pitfalls / bottlenecks, be solution oriented and drive the results for the workstream.

Working with various systems in finance domain

• Working / advanced knowledge of MS Office suite while SharePoint, Visio is add-on.
• Basic / working knowledge of GL systems (SAP FICO, FAM, etc.) - knowledge of FPSL / SLAM sub-ledger system is add-on.
• Ability to act as a business analyst viz., read the Ind AS / IFRS and convert it into business requirement, use the knowledge of the affected system and writing a Business Requirement Document (BRD)

Required experience

• Consulting / Project kind of role - demonstrating agility, drive for results and ownership.
• IFRS/IND AS gap analysis / implementation experience.