Skill required: Record To Report - Account Reconciliations
Designation: Record to Report Ops Senior Analyst
Qualifications:BCom
Years of Experience:5 to 8 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do Experienced Insurance Reporting Analyst with 3–5 years of expertise in STAT and regulatory reporting across life and retirement insurers. Proven track record in preparing quarterly and annual statutory filings, ensuring compliance with NAIC and state insurance departments. Adept at analyzing financial data, reconciling general ledger accounts, and supporting external audits. Skilled in drafting statutory footnotes, preparing trend analysis, and identifying variances with follow ups to respective departments for timely explanations. Strong command of statutory accounting principles (SAP), GAAP, and regulatory frameworks, with a demonstrated ability to streamline reporting processes, enhance accuracy, and consistently meet strict filing deadlines.
- Ensure accurate recording of financial transactions in line with established accounting policies.
- Perform month end and quarter end closing activities, including journal entries, reconciliations, and accruals.
- Maintain general ledger integrity and promptly resolve discrepancies.
- Assist in the preparation of management reports for internal stakeholders.
- Prepare statutory financial statements in compliance with NAIC guidelines and statutory accounting principles (SAP).
- Ensure accuracy and completeness of reporting in line with regulatory formats.
- Provide schedules, reconciliations, and documentation to support annual audits.
- Liaise with internal and external auditors to resolve queries and ensure timely completion of audits.
- Ensure timely submission of statutory returns and filings to regulators, including the NAIC and state insurance departments.
- Sync reporting data with Workiva tools to ensure consistency and accuracy across disclosures.
- Verify that all numbers are correctly flowing through Workiva and reconciled with source systems before submission.
- Prepare quarterly trend analysis for the Balance Sheet, Profit & Loss, General Operating Expenses (GoE), and Net Investment Income (NII).
- Share trend reports with respective departments and obtain variance explanations to support management reporting.
- Document processes and support continuous improvement initiatives in reporting and compliance. What are we looking for
- Bachelor's degree in accounting, Finance, MBA (Finance), or CA Inter.
- Strong knowledge of NAIC statutory accounting principles (SAP) and insurance regulatory requirements.
- Proven experience in financial reporting, reconciliations, and audit support within the insurance or financial services industry.
- Proficiency in SAP, Blackline, and reporting tools such as WINGS and Workiva.
- Excellent analytical skills with keen attention to detail and the ability to meet strict deadlines.
- Strong communication and collaboration skills, with the ability to work effectively across cross functional teams. Preferred Qualification: B. Com, MBA (Finance), M. Com, and Semi Qualified (CA & CMA Inter) Roles and Responsibilities:
- In this role you are required to do analysis and solving of increasingly complex problems
- Your day to day interactions are with peers within Accenture
- You are likely to have some interaction with clients and/or Accenture management
- You will be given minimal instruction on daily work/tasks and a moderate level of instruction on new assignments
- Decisions that are made by you impact your own work and may impact the work of others
- In this role you would be an individual contributor and/or oversee a small work effort and/or team
- Please note that this role may require you to work in rotational shifts, BCom
