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Record to Report Ops Assoc Manager

Record to Report Ops Assoc Manager

Accenture in India

10 - 14 years

0 Lacs

gurugram haryana india

Posted:1 day ago| Platform:

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Skills Required

report reinsurance processing strategy consulting technology network power drive model management reporting provisioning reconciliations compliance controls regulations ifrs gaap analytics analysis transactions accounting analyze data

Work Mode

On-site

Job Type

Full Time

Job Description

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

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com

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

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Record to Report Ops Assoc Manager