IFRS - CA Fresher

Kotak Life Insurance

0 - 2 years

9 - 13 Lacs

goregaon

Posted:3 days ago| Platform:

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Skills Required

statutory audit ifrs reporting financial reporting igaap ifrs ind as

Work Mode

Work from Office

Job Type

Full Time

Job Description

Hello,

Kotak

Location - Goregaon (Mumbai)

Job Role - Financial Accounting

Preferred Candidate Location - Mumbai

Contact Person - Sangita Mandal (8369252270)

kli.sangita-manadal@kotak.com"

Key Responsibilities

Work with cross functional teams to prepare the Ind AS transition roadmap
Define scope, milestones, deliverables and timelines for the implementation Track progress and coordinate with external consultants, auditors and IRDAI where necessary
Identify and document required accounting policy, system changes, position papers and technical memos and data requirements
Prepare and review Ind AS compliant financial statements and disclosures
Support parallel run and dry run of Ind AS reporting
Work on first time adoption adjustments including reconciliations of equity and profit & loss
Coordinate with IT to modify core insurance systems, finance ERP and reporting tools for Ind AS compliant data capture and reporting
Coordinate with IT to implement new calculation and reporting systems for Ind AS 117, I09 and 116
Conduct UAT for new systems and changes made in existing system
Develop and implement new controls and processes to ensure ongoing compliance
Conduct workshops and training for finance, actuarial and business teams
Ensure governance and approval for all Ind AS related changes Required Skills and Competencies:
Strong technical knowledge of Ind AS, particularly Ind AS 109, 116, 101. Knowledge of Ind AS 117 is added advantage
Understanding of insurance sector financial reporting and IRDAI regulations
Experience with ERP/reporting systems and data mapping

Strong communication and stakeholder management abilities

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