Lead Assistant Manager

6 - 8 years

0 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Primary Role & Responsibility

Minimum Qualification

Job Summary

  • To support and handle Financial Reporting team and ensure timely and accurate delivery as per defined close calendar. Lead delivery team & execute as per SLAs.

Key Accountabilities

Operations & Process:

  • Ensure end-to-end operations management for Solvency II reporting , disclosures, Surveys, filings etc.
  • Partnering in setting the team's strategic direction and assisting in the overall running of the team's operations
  • Ownership of processes, reports, procedures or products. Subject Matter Expert with knowledge of cross-function processes
  • Insurance accounting regulatory reporting experience preferred
  • Review of critical journal entries, Solvency II Returns, Schedules, Exhibit, before submission to onshore team
  • Leadership and development of staff
  • Liaison with multiple departments (Input providers) during the close to ensure timely completion of deliverables/Collaborate for special projects
  • Support quarterly/annual audits by internal auditors, as-well-as, independent external auditors
  • Participate or lead special projects, initiatives, ad-hoc reporting, and analysis requests
  • Understand & anticipate clients business needs/concerns, etc. & proactively resolve the same
  • Identify process improvement opportunities to drive efficiencies and enhanced controls
  • Act as a point of escalation for any operational issues
  • CA/CPA/MBA/Post-Graduate in Finance

Minimum Experience

Technical Skills

Soft Skills

Desirable Skills

Product/Process Specific

  • CA/CPA/MBA/Post-Graduate in Finance with 6+ years of experience in Financial Reporting
  • Knowledge of Financial reporting, US STAT/GAAP policies/principles and other UK STAT/GAAP, PRA requirements
  • Identify and implement enhancements and efficiencies
  • Capable of working with tight deadlines and lead closure of reporting timelines
  • Knowledge of STAT reporting concepts including accounting standards
  • Experience with financial reporting applications SOVOS, Wdesk, Sun GL
  • Knowledge of MS Office (Excel, Word, PowerPoint etc.)
  • Proficiency in English
  • Excellent Communication / interpersonal skills
  • Data gathering ability/ Eye for detail
  • Capability to communicate with large teams.
  • Process Excellence Methodology.
  • Appreciation of the domain needs of the process and its key drivers.
  • Good networking capability and Client facing skills. Goal oriented
  • Knowledge of Financial Reporting and Audited GAAP/STAT financial statements
  • Understanding of US Insurance market
  • Knowledge of MS Office (Excel, Word, etc.)
  • Self-stater and result oriented
  • Ability to multi task
  • Ability to work effectively as part of a team
  • Strong analytical skills
  • Attention to detail especially during transaction processing
  • Knowledge about the Insurance Industry in US
  • Knowledge about US Culture

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