Accounting Policy-- Team Lead F&A Operations

8 - 10 years

0 Lacs

Posted:1 day ago| Platform: Foundit logo

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On-site

Job Type

Full Time

Job Description

VOYA INDIA Overview

VOYA INDIA, formerly known as VFI SLK, is a technology-driven, business process transformation company, driving the evolution of the financial services customer experience through the art of technology, innovation, and human creativity. As a subsidiary of Voya Financial Inc, we are dedicated to delivering cutting-edge solutions to Voya's Health (employee benefits), Wealth (Retirement) and Investment Management Business. Our focus lies in crafting inventive customer-centric solutions by digitizing, automating, and optimizing technology and business processes. We are committed to fostering an environment that celebrates learning, growth and inclusivity while developing and deploying innovative and impactful solutions for Voya Financial Inc.

More information is available at : - www.voyaindia.com

Position Summary

Voya is currently seeking an Accounting Policy Lead or Manager with technical accounting expertise and the ability to research and interpret complex accounting issues within a SOX-compliant environment. This role is responsible for providing leadership in technical accounting, collaborating cross-functionally, developing and implementing policies, and fostering process improvements.

Key Responsibilities

Technical Accounting Leadership

  • Monitor, interpret, and implement new accounting standards under US GAAP, Statutory, and other relevant frameworks.
  • Conduct research, analysis, and documentation regarding accounting treatment for complex or unusual transactions.
  • Draft, update, and maintain internal technical accounting policies to ensure adherence to current standards.

Cross-Functional Collaboration

  • Serve as an advisor to internal business partnersincluding Finance, Legal, Actuarial, and Investmentson technical accounting matters and the implications of business decisions.
  • Liaise and coordinate with internal and external auditors to ensure compliance and resolve technical issues.

Policy Development and Implementation

  • Develop, maintain, and communicate accounting policies to align with evolving standards and best practices.
  • Oversee the drafting and review of 10-K and 10-Q disclosures, focusing on significant accounting policies and newly issued standards.

Training and Knowledge Sharing

  • Create and deliver technical communications, educational materials, and training sessions for the finance organization and executive leadership.
  • Provide technical guidance and mentorship to staff and business partners regarding new and emerging accounting and reporting issues.

Process Improvement

  • Identify opportunities to enhance accounting policy, reporting, and controls through process improvements.
  • Lead or actively participate in projects aimed at increasing operational efficiency and improving risk assessment accuracy.

Peer Research and Industry Benchmarking

  • Conduct peer research to ensure that accounting policies are consistent with industry standards and regulatory expectations.

Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field; CPA or Chartered Accountant designation is required.
  • 8 +years of progressive technical accounting experience, preferably within the insurance or financial services industry.
  • Big 4 accounting firm experience is preferred.
  • Experience in US GAAP and Statutory accounting rules; familiarity with asset management, investment funds, or regulated reporting environments is beneficial.
  • Demonstrated strong communication and partnership abilities, with a proven capacity to collaborate across departments.
  • Experience in documenting and implementing technical accounting topics.
  • Knowledge of and ability to comply with SOX controls pertinent accounting transactions and implementations.

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Voya India logo
Voya India

Financial Services

Gurgaon

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