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Record To Report Ops Assoc Manager

Record To Report Ops Assoc Manager

Accenture

10 - 14 years

3 - 7 Lacs

gurugram

Posted:Just now| Platform:

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Skills Required

record to report insurance chartered accountant balance sheet accountant commercial banking accounting collection reinsurance ifrs banking analytics cloud operations compliance gaap profit and loss customer experience

Work Mode

Work from Office

Job Type

Full Time

Job Description

About The Role

Skill required: Reinsurance - Collections Processing

Designation: Record to Report Ops Assoc Manager

Qualifications:BCom/Chartered Accountant/Cost And Works Accountant

Years of Experience:10 to 14 years

What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment.Com.Bkg- Loan/Lease Abstraction involves summarizing key information from loan or lease agreements. This process extracts important details such as payment terms, interest rates, and obligations. The goal is to create a concise and easily understandable summary of complex documents. This helps stakeholders quickly access and review essential information. It is crucial for effective management and decision-making in commercial banking.Manage OTC collection/disputes such as debt collection, reporting on aged debt, dunning process, bad debt provisioning etc. Perform Cash Reconciliations and follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, ensure compliance to internal controls, standards, and regulations (Restricted countries).

What are we looking for? - Strong Knowledge on USGAAP and IFRS

Assess the balances of Balance sheet, Profit and Loss accounts and Cash Flows.

Responsible for the GAAP/STAT close on a quarterly and annual basis.

Prepare the deck of analytics for Balance- Sheet and state Income to be present to BODs.

Analysis of quarterly and annual movements in financial statements

Exposure in identifying Non routine transactions including impact on financials

Knowledge of insurance accounting and reporting, ability to analyze data for inaccuracies and drive corrections to processes

Roles and Responsibilities: ?¢In this role you are required to do analysis and solving of moderately complex problems?¢ Typically creates new solutions, leveraging and, where needed, adapting existing methods and procedures?¢ The person requires understanding of the strategic direction set by senior management as it relates to team goals?¢ Primary upward interaction is with direct supervisor or team leads?¢ Generally interacts with peers and/or management levels at a client and/or within Accenture?¢ The person should require minimal guidance when determining methods and procedures on new assignments?¢ Decisions often impact the team in which they reside and occasionally impact other teams?¢ Individual would manage medium-small sized teams and/or work efforts (if in an individual contributor role) at a client or within Accenture?¢ Please note that this role may require you to work in rotational shifts
Qualification BCom,Chartered Accountant,Cost And Works Accountant

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Record To Report Ops Assoc Manager