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Manager-Finance & Risk Transformation

Location:  Noida
Other locations:  Primary Location Only
Salary: Competitive
Date:  Jun 24, 2024

Job description

Requisition ID:  1506184

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. 

 

 

 

 

Position-     Manager Accounting and Controllership –Insurance ( Life / P&C )

Experience- 12+ Years

 

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

 

Job summary:

One of Big4 consulting firm, looking for Insurance domain hands on experienced to oversee all financial accounting and Controllership as per US GAAP. The successful candidate will be responsible for U/W P&L, Premium and Losses Entries, IBNRs Entries, Reserving , P&L Analytics, Balance sheet reconciliation and review, acquisition cost, forecasting, accounts payable, accounts receivable and financial reporting. This is a fantastic opportunity for a professional who thrives in a busy workplace and is well-versed in working closely with senior management.

 

Responsibilities and duties:

  • Required finance professional with 12-15 years of cross functional experience in Insurance Business covering entire spectrum of R2R, AP, AR involving various accounting operations, GL close, Global Analytics,  External reporting.
  • Exposure to any Accounting Changes Transformation & Future of Finance-Journey Mapping
  • Inquisitive about the potential that emerging technologies offer and passionate about defining an effective and sustainable framework that delivers a positive and lasting impact on people and organizations.
  • Participate in the development of and support the company’s strategic plans, Monitor the financial performance of the company.
  • Compile and analyse financial reporting packages, Prepare monthly and annual operating budgets.
  • Develop and manage financial controls in accordance with the company’s procedures.
  • Communicate financial metrics to senior management, provide leadership and support to accounts receivable and accounts payable departments.
  • Manage the preparation of payroll for personnel, keep up to date on current trends.

 

Skills And Attributes for Success

  • Technical accounting research and advisory
  • Accounts Receivable
  • Billing & Collections
  • BU Accounting
  • Investment Accounting
  • Reinsurance Accounting
  • Tech and Non-tech Reconciliations
  • Cash/ Settlement Application
  • Claims Processing
  • Month End Closing Activities
  • Chart of Accounts/ Master data Maintenance
  • Allocation and Maintenance Inter-co  adjustments
  • Inter-company/Balance Sheet Reconciliation
  • IBNRs/ Reserves Booking
  • Expert knowledge of US GAAP standards
  • Extensive hands–on experience in the Insurance accounting and Controllership
  • GAAP conversions and implementation of new accounting standard

 

To qualify for the role, you must have.

  • Master’s degree in business, Accounting, Finance or related discipline such as accounting designation (CA ,CMA, ACCA or CPA ), or an equivalent combination of related experience and education
  • Minimum 10 years in Life Insurance accounting experience in a senior accounting or financial management role with at least 5 years’ experience in Life Insurance
  • Strong interpersonal and communication skills
  • Impeccable analytical and organizational skills
  • Self-motivated and self-directed
  • Ability to work closely with a senior management team.

 

Ideally, you’ll also have

  • Proficiency in MS – Excel, MS – Office.
  • Experience in  Life Insurance and preferably  Big4 from consulting firms.

 

 

 

EY | Building a better working world 


 
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.  


 
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.  


 
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.  

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