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Manager Accounting & Financial Reporting

4.00 to 5.00 Years   Mumbai City   25 May, 2020
IDBI Federal Life Insurance Co Ltd
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryInsurance
Functional AreaOperations Management / Process Analysis
EmploymentTypeFull-time

Job Description

Manager Accounting & Financial ReportingLocation : MumbaiPosition Title : Manager Accounting & Financial ReportingDepartment : FinanceLocations : MumbaiCandidate Requirement

  • CA Qualified with 4 years of post qualification experience in Insurance Industry
Key Responsibilities:
  • Review to ensure accounting of expenses including provisions in the appropriate general ledger, department and location level.
  • Prepare OPEX report on a monthly basis and review the general ledgers for expense variance.
  • Carry out allocation of operating expenses across business segments in line with the board approved policy
  • Prepare and maintain financial statements, various schedules to financial statements and reports.
  • Review the FA register, procedure relating to assets capitalization, sale, disposal or retirement etc, Run Depreciation charge accounting, Capital Work in Progress and Advances for capital items. Ensuring physical verification by the respective functions and closure of discrepancies.
  • Compilation and reporting of Related Party transactions with proper documentation
  • Submission of BAP returns - quarterly and yearly and complete the BAP return audit
  • Review of compliance checklist with Compliance, Support for Ind AS implementation
CTC: 8 LacsLocation: MumbaiApply Now,

Keyskills :
generalledger operatingexpenses financialstatements physicalverification financialjustification opex ledger closure capital returns business expenses disposal insurance reporting compliance retirement nd

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