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Manager – IND AS Implementation

Manager – IND AS Implementation

Bharti AXA Life InsuranceMumbai, Maharashtra, India
4 days ago
Job description

Company Description :

Bharti AXA Life Insurance is a leading life insurance provider in India, offering value-for-money life insurance and savings solutions. Established in 2006, we are a wholly owned subsidiary of Bharti Life Ventures Private Limited, a prominent business group in India. With over 200 branches across India, we ensure accessibility and convenience for our customers. Recognized as a Great Place to Work for four consecutive years, we foster a positive work environment.

Job Description :

We are looking for a strategic finance leader to drive the transition to Indian Accounting Standards (IND AS) and ensure compliance across all financial processes.

Location- Mumbai-Malad

Designation- Manager – IND AS Implementation

Key Responsibilities :

IND AS Implementation & Compliance :

  • Lead the adoption of IND AS, ensuring regulatory alignment and smooth financial reporting transitions.

Policy Formulation :

  • Develop and standardize accounting policies to maintain consistency across the organization.
  • Training & Development :

  • Conduct training sessions to upskill finance teams and stakeholders in IND AS requirements.
  • Financial Reporting & Reconciliation :

  • Transition financial statements, oversee disclosures, and ensure accurate reporting.
  • Risk Management & Impact Analysis :

  • Identify potential risks, assess financial implications, and strategize solutions.
  • Stakeholder Communication :

  • Collaborate with auditors, regulators, and senior management for smooth implementation.
  • Systems & Process Optimization :

  • Modify financial systems to align with IND AS standards, ensuring data integrity.
  • Continuous Monitoring & Audit Coordination :

  • Ensure compliance post-implementation and manage audits efficiently.
  • Qualifications & Experience :

  • CA with 8+ years of experience (Actuarial background is a plus).
  • Strong knowledge of Life Insurance, IRDA Regulations & IFRS.
  • Proven experience in IND AS implementation & compliance.
  • Ability to manage projects, teams & stakeholder communications.
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