hireejobs
Register for Job
Hyderabad Jobs
Banglore Jobs
Chennai Jobs
Delhi Jobs
Ahmedabad Jobs
Mumbai Jobs
Pune Jobs
Vijayawada Jobs
Gurgaon Jobs
Noida Jobs
Oil & Gas Jobs
Banking Jobs
Construction Jobs
Top Management Jobs
IT - Software Jobs
Medical Healthcare Jobs
Purchase / Logistics Jobs
Sales
Ajax Jobs
Designing Jobs
ASP .NET Jobs
Java Jobs
MySQL Jobs
Sap hr Jobs
Software Testing Jobs
Html Jobs
IT Jobs
Logistics Jobs
Customer Service Jobs
Airport Jobs
Banking Jobs
Driver Jobs
Part Time Jobs
Civil Engineering Jobs
Accountant Jobs
Safety Officer Jobs
Nursing Jobs
Civil Engineering Jobs
Hospitality Jobs
Part Time Jobs
Security Jobs
Finance Jobs
Marketing Jobs
Shipping Jobs
Real Estate Jobs
Telecom Jobs

apply now Senior Manager/Chief Manager - IFRS Implementation Project - Life Insurance

6.00 to 8.00 Years   Mumbai City   07 Sep, 2022
HiringHawkcom
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryInternet / E-Commerce
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

    The Role : Preparation and finalization of Financial Statements in line with International Financial Reporting Standard (IFRS) applicable for Insurance Companies Responsibilities :- Creation of Road map of activities for implementation under IFRS:- Understand the impact of IFRS and change on your Business, Data, system and processes.- Identify the impacts of each options on the business and model with the financial impacts.- Carry out financial impact analysis on financials and reporting required as required under IRDA and other regulatory guidelines.- Identify and implement the System changes and creation of business decision as per standard:- Work along with IT, Products and Actuarial team to develop system design, architecture and provide necessary inputs from finance for creation of Business requirement document (BRD).- Creation of accounting decision paper out of available options as per the AS.- Creation of Request for proposal and work along with IT and Actuarial team for finalisation of IT vendor and Implementation partner.- Implement significant technical changes, quality analysis and validations.- Transition data preparation and pilot testing: - Carry out dry run and testing on the new system and verify the outcome of the same.- Prepare comparative financial statement and reinstate the balances as per the standard.- Provisioning operational reports per new financial statements & operationalize the applications- Preparation of the financial statements from the new applications and carry out the post implementation testing.- Facilitate all the Statutory and regulatory reporting and reconciliation with existing Policy amin database and Financial systems:- Reconciliation of the data reported in Financial statements with Policy admin database, etc.- Submission of all the Statutory and Regulatory Reports on timely basis- Analytical review of Revenue accounts and month on month variance account analysis- Supporting reporting in managing Statutory & Internal Audit, IFC, IRDA and resolution of Audit queries:- Providing required data to the auditors for conducting audit.- Closure of all audit requirements and Resolution of audit queries.Required qualifications and experience:- Qualification: Qualified Chartered Accountant with 6/8 years of experience in Life Insurance industry with experience in Revenue / Technical accounting- Excellent knowledge on IGAAP and International AS. - Handled the role of preparation of financials of the CompanyKnowledge and skills desired:- Knowledge of Life Insurance process i.e. Premium, commission, claim cycle.- Reasonable command on Power point - Must know built-up & formatting of PPTs- Good project management skills and have good decision-making skills,

Keyskills :
financesalesltdmisaccountancydata preparationmanagement skillsanalytical reviewproject managementfinancial reportingregulatory reportingfinancial statementsfinancial justification

APPLY NOW

apply now Senior Manager/Chief Manager - IFRS Implementation Project - Life Insurance Related Jobs

© 2019 Hireejobs All Rights Reserved