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Vice President – Financial Accounting & Reporting

Vice President – Financial Accounting & Reporting

Evoke HR Solutions Pvt. Ltd.Mumbai, Maharashtra, India
3 days ago
Job description

Job Description

Position Title : Vice President – Financial Accounting & Reporting

Grade / Level : M4 Level

Department : Finance & Accounts

Location : Corporate Office, Mumbai

Reports To : Senior Vice President – Finance & Accounts

Team Supervised : 2 Direct Reports (Total : 2 Direct / Indirect)

Geography Managed : Pan India

Note : - Need Candidates From Life Insurance only

Job Purpose

The Vice President – Financial Accounting & Reporting will be responsible for reviewing financial statements on a monthly, quarterly, and annual basis in compliance with IRDAI regulations . The role includes oversight of accounting standards implementation, ensuring compliance, responding to internal / external information requests, and driving process improvements to strengthen the company’s financial integrity and governance.

Key Responsibilities

Managerial Responsibilities

  • Recruit, mentor, and manage Finance team members as per business requirements.
  • Drive performance management, provide coaching and counselling, and ensure team development.
  • Enhance engagement and retention of key talent.

Functional Responsibilities

Financial Accounting & Reporting

  • Ensure adherence to accounting standards and IRDAI / statutory compliance.
  • Review monthly, quarterly, and annual financial statements.
  • Oversee quarterly results, performance reviews, and press release preparation for stock exchange submissions.
  • Review Expenses of Management (EoM) for IRDAI compliance.
  • Lead implementation of Indian Accounting Standards (Ind-AS) projects.
  • Process Improvement & Initiatives

  • Partner with cross-functional teams to improve cost efficiency and optimize resources.
  • Drive automation in financial reporting to reduce manual effort and enhance accuracy.
  • Compliance & Governance

  • Ensure accurate transaction records and timely reporting to management, board, and regulators.
  • Maintain high standards of compliance and financial governance.
  • Stakeholder Management

  • Build and maintain strong relationships with regulators, auditors, investors, and internal stakeholders.
  • Communicate financial performance, strategies, and risks effectively to the Board and other stakeholders.
  • Review and validate financial statements, annual reports, investor presentations, disclosures, and regulatory submissions.
  • Job Requirements

    Qualifications :

  • Bachelor’s / Master’s degree in Accounting, Finance, Business Administration, or Commerce from a reputed university.
  • Chartered Accountant (CA), Certified Public Accountant (CPA), or equivalent international qualification preferred.
  • Experience :

  • 15+ years of relevant experience, including 10 + years in a managerial role .
  • Strong background in a regulated industry such as insurance or financial services .
  • Skills :

  • Strong knowledge of insurance fundamentals, products, and processes.
  • Expertise in business accounting, financial planning, and regulatory / shareholder reporting .
  • Proficiency in business analytics, planning, and forecasting .
  • Digital proficiency : Advanced MS Office, automation tools, and digital platforms (Android / Apple).
  • Interested candidates can share their updated resume on jeena.sunil@evokehr.com

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    Vice President • Mumbai, Maharashtra, India

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