Assistant Manager - Financial Control

Position Title

Assistant Manager Finance Controls

Department

F&A

Level/ Band

Asst. Manager

Reports to

DVP, Finance Controls

Supervises

None

Geographic Area Covered

Corporate & Zonal Level Depts.

StakeholdersInternal

All departments

External

Statutory Auditors and System Vendors

Competency For

Proficiency Scale Description

Demonstrating extraordinary

levels of energy and effort that

result in high performance

delivery through systems and

processes, with the flexibility

and openness to respond to

change as a result of business

plan and regulatory guidelines.

.Is self-driven and extremely motivated towards achievement of set target.

.Depicts a sense of urgency for solving problems and getting work done in the most efficient manner.

.Ascertains when it is appropriate to intervene in situations that jeopardize the attainment of goals.

.Seeks feedback from stakeholders to help improve performance.

.Takes ownership of decisions and actions that advance objectives.

.Adapts to changes in priorities, assigned responsibilities and projects.

.Demonstrates a willingness to change ideas or perceptions based on new information or contrary evidence or technological advancements.

Develop, maintain and strengthen

relationships with internal and

external stakeholders by

working horizontally as well as

vertically within organization

and external partners with the

goal to create a win - win

relationship at work and achieve

the business outcomes.

.Is aware of one's own style or preference and its impact on others.

.Responds to complex customer needs promptly and keeps superiors informed about own actions & their context.

.Is aware of the differences in style among people and adapts one's own style to better work with others with differing styles.

.Gains agreement from stakeholders to support ideas or take partnership-oriented action uses sound rationale to explain value of actions.

.Communicates changes or problems to peers, team members, and/or others and work on solutions.

.Makes others feel comfortable by responding in ways that convey interest in what they have to say.

Ability to align with the

organization's vision with a fair

understanding of the financial

processes, Insurance industry

regulations and financial

markets in order to deliver

profitable and sustainable

business growth.

.Reviews and works towards enhancements of existing processes and systems in order to enable efficient financial transactions aligned to customer and consumer expectations.

.Demonstrates fair understanding of the F&A process and focuses on meeting budgets.

.Has a fair knowledge about company and competitor's products.

.Has fair knowledge of insurance industry regulations and financial markets.

.Has an in-depth understanding of one's own and team goals and drives the team to achieve the desired budgets.

Displays a wide range of

considerations and perspectives

to a particular situation by

analyzing facts, data and scenario

based insights to enable a

logical, well-reasoned and

informed decision - making

process.

.Able to seek inputs from internal/external customers effectively.

.Presents in-depth analysis by seeking benchmarking data, industry insights and networking with other colleagues.

.Anticipates potential obstacles and develops contingency plans to overcome them.

.Able to identify relevant alternatives and evaluates the potential consequences of each before taking action.

Thorough understanding of

knowledge and skills sets required

to excel within the function in

order to build a business model

leading to sustainable growth for

Customers and consumers.

.Understands the need of the finance and accounting processes and policies and makes recommendations accordingly.

.Is able to develop various plans for deploying the strategy effectively impacting one's area of work.

.Continuously seeks inputs and knowledge to improvise processes and systems in one's own area of work.

.Keeps oneself abreast of the evolving trends and practices within the finance and accounting domain.

The ability to analyze data and

use knowledge/experience to

make decisions in a structured

manner based on logical

assumptions and factual

information, in line with the set

regulations and guidelines.

Identifying problems and

providing solutions by developing

a course of action taking into

consideration resources,

constraints and organizational

guidelines, regulations & values.

.Is able to analyze complex data to provide inputs that will help take decisions, when the situation is clear and options are obvious.

.Is able to look at domain specific problems and approach them in an organized fashion drawing appropriate inferences.

Technical :

Proficiency in SAP, Advanced Excel and MS Power point.

Behavioral .

Essential

Desired

Interpersonal skills

Yes

Communication skills

Yes

Creative thinking skills

Yes

Supervising/Leadership skills

Yes

Teamwork Skills

Yes

Influencing skills

Yes

Relationship Building skills

Yes

Decision making skills

Yes

Qualification

MBA (Finance)/ CA

Experience

3 + years in Finance in Insurance sector