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Financial Reporting Specialist
Financial Reporting SpecialistCanara HSBC Life Insurance • Haryāna, Republic Of India, IN
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Financial Reporting Specialist

Financial Reporting Specialist

Canara HSBC Life Insurance • Haryāna, Republic Of India, IN
2 days ago
Job description

Financial Reporting and compliances

  • Timely preparation of monthly financials
  • Timely submission of financial statements and reports to relevant / internal stakeholders.
  • Ensuring timely preparation and compliances with IRDAI regulations (BAP Return, Public Disclosure), etc.
  • Calculation of Available Solvency Margin in compliance with IRDAI Regulation.
  • Ensure timely submission of Audit committee / Board deliverables, review of policies approved by Audit Committee / Board and closure of ATRs
  • Submission of all monthly deliverables.
  • Preparation of Opex comparison Vs Plan & PYr. Review of all expense working files.
  • Month end closing activities like analysis of monthly provisions, Salary balance confirmation, Prepaid expense etc.
  • Vendor Creation on a daily basis.
  • Preparation of Website Disclosure on Quarterly basis and other regulatory submissions.
  • Returns / Reports on quarterly basis for Promoters (like Risk Questionnaire, BG, Fincon, DSB etc)
  • Related Party transaction data for Promoters and Quarterly PD.
  • Submission for data to management, other department and Promoters as and when required.
  • Peer Comparison of Public Disclosure, Financials, Notes to Account & Accounting Policy.

Accounting and control

  • Assist in developing and implement of Accounting Policies and MIS Reports etc.
  • Stakeholder Management

  • Interaction with various departments / team for data collection, reporting and clarifications.
  • Co-ordinate with promoters and provide the requisite details as and when required.
  • Audit

  • Coordinating with Statutory / Internal / CAG Auditors for the audit.
  • Internal Financial Control

  • Review and ensuring the effectiveness of Internal Financial Controls.
  • Discussing for improvements and updating of the same.
  • Fixed Assets

  • Fixed Assets Capitalization.
  • Review and reconciliation of Fixed Assets register.
  • Coordination and assisting in physical verification audit.
  • System Enhancements

  • Testing of system requirements and evaluating new requirements.
  • Providing CRs to IT.
  • Liaising with IT for resolution of defects and delivery
  • Highest Education : Chartered Accountant

    Relevant Experience : 0 to 4 Years

    Relevant Experience :

    Highest Education : Qualified CA

    Freshers and Experienced : - Both freshers and experienced candidates are eligible to apply for this position

    Location : - Gurugram

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    Financial Reporting Specialist • Haryāna, Republic Of India, IN

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