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Star Union Dai-ichi Life Insurance - Team Member - Financial Reporting - CA

Star Union Dai-ichi Life Insurance - Team Member - Financial Reporting - CA

Star Union Dai-ichi Life Insurance Company LimitedMumbai, India
30+ days ago
Job description

Qualification :

Chartered Accountant with 2-5 year relevant experience in financial reporting, with a strong focus on Accounting systems, Reporting tools and excellent hands-on experience in Microsoft office.

Objectives :

  • To implement an accounting framework compliant with Indian Accounting Standards.
  • Analyse and prepare report on management accounting information, and to provide management with timely, accurate and relevant information, and to contribute to the organisation's financial management procedures to ensure that they are effective, efficient and compliant with appropriate financial statutory and regulatory requirements.

Key Responsibilities :

  • Assist in analysis of financial statements and treatment for assets / liabilities under different Indian accounting standards (Ind AS).
  • Assist in determining the accounting treatment for Insurance and financial products as per the local regulatory requirements and accounting standards such as Ind AS 117, 109, 116, 115, etc.
  • Understanding of Indian Generally Accepted Accounting Principles (IGAAP) and IRDAI accounting guidelines for Insurance companies.
  • Preparation of opening balance sheet and Assist in to build and development of Ind AS 117 to current GAAP reconciliation process and templates.
  • Assist in preparation of chart of accounts, mapping, ledger postings, and drafting reporting formats under Ind AS.
  • Assist in the development of Business Requirement Documents (BRD) for IFRS 17 reporting requirements, Testing of system solutions.
  • Be involved in projects related to operational process improvement and design.
  • Assist in Project management.
  • Experience in managing complex accounting issues.
  • ref : iimjobs.com)

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    Union Life Insurance • Mumbai, India

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