Financial Accounting

Hello, Greeting from Kotak Life Insurance!

Location - Groregaon (E)

Job Role - Financial Accounting

Contact Person - Sangita Mandal (8369252270)

Interested candidate can mail there resume at "kli.sangita-manadal@kotak.com

Key Responsibilities :

Work with cross functional teams to prepare the Ind AS transition roadmap

Define scope, milestones, deliverables and timelines for the implementation

Track progress and coordinate with external consultants, auditors and IRDAI where necessary

Identify and document required accounting policy, system changes, position papers and technical memos and data requirements

Prepare and review Ind AS compliant financial statements and disclosures

Support parallel run and dry run of Ind AS reporting

Work on first time adoption adjustments including reconciliations of equity and profit & loss

Coordinate with IT to modify core insurance systems, finance ERP and reporting tools for Ind AS compliant data capture and reporting

Coordinate with IT to implement new calculation and reporting systems for Ind AS 117, I09 and 116

Conduct UAT for new systems and changes made in existing system

Develop and implement new controls and processes to ensure ongoing compliance

Conduct workshops and training for finance, actuarial and business teams

Ensure governance and approval for all Ind AS related changes

Qualification & Experience :

Chartered Accountant (CA) or equivalent

4 years + experience in financial reporting or audit in insurance sector

Prior experience in IND AS or IFRS reporting is added advantage

Exposure to life insurance business processes is added advantage