Agm – Investment Back Office

We are ArCent Global , a 17+ years young recruitment firm with a global presence. We specialize in providing dependable top-level talent to leading MNCs and CMMi-level organizations.

We are currently hiring for the role of AGM – Investment Back Office on behalf of one of India’s leading life insurance companies. Established in 2001, this BFSI client operates in over 150 locations and reaches approximately 19,000 locations through robust banking partnerships. The organization represents a joint venture between a globally renowned life insurer and one of India’s oldest and most respected nationalized banks. It was recently ranked #9 in India’s Best Companies to Work For in 2024 by Great Place to Work.

Position Details :

Job Title : AGM – Investment Back Office

Location : Mumbai – Lower Panel (WFO all 5 days)

Reporting to : Director - Finance

Job Type : Full-Time

Experience : 8 to 10 years (strictly within this range)

Context & Role : The jobholder will have the responsibility of Derivative accounting, accurate and timely calculation of NAV, settlement of Investment deals, MIS reporting, Reconciliations, Investment accounting, IRDAI reporting, US GAAP reporting, IFRS reporting. He will be managing a team of 2-3 people.

Key Responsibilities :

Ø Responsible for day to day back office settlement of deals, liaison with custodian, perform various reconciliations.

Ø Responsible for accuracy and timeliness of in-house NAV calculation

Ø Knowledge of Investment Accounting and interaction with the Finance team

Ø Investment Reporting as required by IRDAI, US team and Management

Ø Interaction with the US IT Team for the Investment Management Functions for GAAP accounting.

Ø IFRS Reporting

Ø Verification of Income & accruals

Ø Investment accounting

Ø Derivative accounting and Hedge effectiveness testing (HET)

Ø Managing Stat audit, Concurrent audit, internal / IRMS audit

Measures of Performance :

• Preparation of US GAAP financials & IFRS reporting
• Accuracy in Derivative accounting & HET
• Timely completion of all audits
• Accuracy and timeliness of NAV reporting
• Strict adherence to valuation policy for MTM
• Correctness of Income accrual & investment accounting entries.
• Accuracy in the settlement of deals
• Broker Empanelment & Review
• Accuracy & Timeliness in management reporting

Desired qualifications and experience :

Kindly apply only if you :

Interested candidates please share your CV at uma.nandan@arcentglobal.com OR send it on whatsapp at 922 029 5087 .

In case you are not interested in this role but know of somebody who fits the bill do share references.

Thanks & Regards,

Uma Nandan

https : / / www.Linkedin.Com / in / umanandan /

Senior Consultant

uma.nandan@arcentglobal.com

Cell : +91 922 029 5087

www.ArCentGlobal.Com

ArCent Global, 79-D, Level 3, Greater Kailash-3 (Masjid Moth), New Delhi - 110048