At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. 

 

 

 

 

Position- Senior Manager Accounting and Controllership –Insurance ( life / Pand C )
Experience- 16+ Years

 

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

 

Job summary: 

One of Big4 consulting firm, looking for Insurance domain hands on experienced to oversee all financial accounting and Controllership as per US GAAP. The successful candidate will be responsible for U/W P&L, Premium and Losses Entries, IBNRs Entries, Reserving , P&L Analytics, Balance sheet reconciliation and review, acquisition cost, forecasting, accounts payable, accounts receivable and financial reporting. This is a fantastic opportunity for a professional who thrives in a busy workplace and is well-versed in working closely with senior management.

 

Responsibilities and duties:

Required finance professional with 16+ years of cross functional experience in Insurance Business covering entire spectrum of R2R, AP, AR involving various accounting operations, GL close, Global Analytics, , External reporting. Prepare accurate monthly financial reports, assist in the preparation of presentations that provide thoughtful analysis, identify action items, and effectively frame decisions that need to be made. Review, process, gather, and compile accounting transactions and documents throughout the month for completeness, accuracy, and compliance with general accounting principles and established internal control policies and procedures. Partner with stakeholders across Divisional Financial Operations to improve financial and accounting accuracy. Exposure to any Accounting Changes Transformation & Future of Finance-Journey Mapping Inquisitive about the potential that emerging technologies offer and passionate about defining an effective and sustainable framework that delivers a positive and lasting impact on people and organizations. Participate in the development of and support the company’s strategic plans, Monitor the financial performance of the company. Compile and analyse financial reporting packages, Prepare monthly and annual operating budgets. Develop and manage financial controls in accordance with the company’s procedures. Communicate financial metrics to senior management, provide leadership and support to accounts receivable and accounts payable departments. Manage the preparation of payroll for personnel, keep up to date on current trends.

 

Skills And Attributes for Success

Technical accounting research and advisory Accounts Receivable Billing & Collections BU Accounting Investment Accounting Reinsurance Accounting Tech and Non-tech Reconciliations Cash/ Settlement Application Claims Processing Month End Closing Activities Chart of Accounts/ Master data Maintenance Allocation and Maintenance Inter-co  adjustments Inter-company/Balance Sheet Reconciliation IBNRs/ Reserves Booking Expert knowledge of US GAAP standards  Extensive hands–on experience in the Insurance accounting and Controllership GAAP conversions and implementation of new accounting standard

 

To qualify for the role, you must have.

Master’s degree in business, Accounting, Finance or related discipline such as accounting designation (CA ,CMA, ACCA or CPA ), or an equivalent combination of related experience and education Minimum 10 years in Life Insurance accounting experience in a senior accounting or financial management role with at least 5 years’ experience in Life Insurance  Strong interpersonal and communication skills Impeccable analytical and organizational skills Self-motivated and self-directed Ability to work closely with a senior management team.

 

Ideally, you’ll also have

Proficiency in MS – Excel, MS – Office. Experience in  Life Insurance and preferably  Big4 from consulting firms.

 

What we are looking for

A team player with a curious mindset – should be open to continuous learnings and improvements. Individual contributor / small team – so must drive end to end. Self-driven with an ability to produce high quality output and self-checks with minimal supervision.

 

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