Assistant Manager, Financial Reporting & Accounting

Reinsurance Finance function in India primarily supports the quarterly closing and reporting process of Reinsurance Business. There are different sub-processes performed by Reinsurance Financial Reporting team in India which includes but is not limited to: Quarter end Close Process, Reporting Process, Reconciliation Process, Business Analysis Process, etc. This position is for the OBU Reporting activities for XL Reinsurance America business.

What youll be DOING

What will your essential responsibilities include?

• Providing support in preparing Financial Statements for North America Reinsurance business.
• Responsible for supporting Financial close, Reporting and analytical activities, preparation of analytical management reports for North America Financial Reporting team.
• Analysis of Income Statement, Balance Sheet line items along with commentaries & Presentations for Senior Management/Controllers.
• Responsible for preparing quarterly reconciliation which include Bank Reconciliations, System Reconciliations (FDM, HFM, EFR etc.) and post journal entries as needed.
• Responsible for leading all the tasks/activities pertains to Financial Close and Reporting and ensuring that these are delivered within the stipulated timelines.
• Drive Continuous improvement or Process improvements initiatives.
• Maintaining effective communication with onshore (both written and verbal) and manage expectations.
• Develop and maintain process documentation.
• Support Ad-hoc activities / projects.

You will report to Senior Manager, Financial Reporting & Accounting.

What you will BRING

Were looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Accounting and Analytical skills: Qualified CA with relevant experience or MBA Finance with relevant experience in Financial Accounting & Internal reporting.
• Excellent Accounting knowledge - Income Statement Analysis, Balance Sheet, Journal Entries, etc.
• Good Analytical and reconciliation skills.
• Good exposure of working on Excel and Presentations.
• Communication skills: Effective communication and interpersonal skills.
• MS Office skills: Should have robust MS Excel skills.

Desired Skills and Abilities:

• Able to work and communicate effectively as part of a cross-geographic and cross-cultural team.
• Outstanding customer-focus and results oriented.
• Innovative and process improvement mindset.
• Experience of financial reporting, insurance accounting, insurance and reinsurance industry.