Job Description

Position Title, Responsibility Level

Senior Executive

Function

Close and Consolidation

Reports to

Manager

Permanent/ Temporary

Permanent

Span of Control

I C

Location

Noida - C59

Basic Function -

1. Process entails preparation of local GAAP adjustment journals for APAC, EMEA and LATHAM countries for an insurance client.
2. Work on period - end close cycle - Month-end/Quarter-end/Annual for local books of various countries
3. Working knowledge on GAAP consolidation cycle and ability to prepare consolidation financials and provide commentary for Group consolidation under guidance
4. Reconcile the general ledger accounts, calculating appropriate adjustments and provisions and booking them to the ledger upon approval, performing intercompany netting, and preparing relevant financial reports (income statement, balance sheet, cash flow) for CFO review

Essential Functions

• Requires the knowledge and ability to prepare Journals and Reconciliations, investigate problems and organize projects
• Insurance accounting regulatory reporting experience and US GAAP and IFRS knowledge preferred.
• Ability to understand the significance of various activities in statutory/Gaap accounting close cycle and deliver results accordingly.

Primary Internal Interactions

• Assistant Manager/Sr executive for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support
• Manager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performance
• Peers(team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required

Primary External Interactions

• Onshore Team Manager and SMEs for daily planning of work and execution of deliverables
• Must demonstrate effective and diplomatic oral and written communication skills
• Strong time management and organization skills