CA Fresher

Job Title: Senior Manager

Role: Manager Investment Back Office

Department: Finance

Experience: 0 - 1 year

Work Location: Goregaon (East), Mumbai

Education: CA

Job Description

Support end to end implementation of Ind AS in line with IRDAI timelines and guidelines,

Ensuring accurate transition from existing accounting practices (IGAAP) to Ind AS, with specific focus on insurance contracts (Ind AS 117), financial instruments (Ind AS 109) and leases (Ind AS 116).

Key Responsibilities:

Work with cross functional teams to prepare the Ind AS transition roadmap

Define scope, milestones, deliverables and timelines for the implementation

Track progress and coordinate with external consultants, auditors and IRDAI where necessary

Identify and document required accounting policy, system changes, position papers and technical memos and data requirements

Prepare and review Ind AS compliant financial statements and disclosures

Support parallel run and dry run of Ind AS reporting

Work on first time adoption adjustments including reconciliations of equity and profit & loss

Coordinate with IT to modify core insurance systems, finance ERP and reporting tools for Ind AS compliant data capture and reporting

Coordinate with IT to implement new calculation and reporting systems for Ind AS 117, I09 and 116

Conduct UAT for new systems and changes made in existing system

Develop and implement new controls and processes to ensure ongoing compliance

Conduct workshops and training for finance, actuarial and business teams

Ensure governance and approval for all Ind AS related changes

Required Skills and Competencies:

Strong technical knowledge of Ind AS, particularly Ind AS 109, 116, 101. Knowledge of Ind AS 117 is added advantage

Understanding of insurance sector financial reporting and IRDAI regulations

Experience with ERP/reporting systems and data mapping

Strong communication and stakeholder management abilities

Qualification & Experience

Qualified Chartered Accountant (CA) or equivalent

Knowledge of financial reporting or audit in insurance sector