Assistant Manager, Finance
CompanyReinsurance Group of America, Incorporated
- Location
- Mumbai
- Experience
- 4–5 yrs
- Posted
- Posted 21 days ago
Experienced CA
Job description
You desire impactful work.You’re RGA readyRGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 200 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.Position overviewEnsure accurate and complete financial reporting in a timely mannerEnsure accurate accounting related to revenue, accounts payable and fixed assetsLead and coordinate with statutory and internal auditorsUnderstanding of IFRS (Ind AS) accounting for Indian companiesStrong analytical and reconciliation skills to ensure strong internal controls implementation and reviewResponsibilitiesFinancial reporting and auditEnsure accurate accounting related to accounts payable, fixed assets and taxEnsure the vendor invoices are processed on timely basis and as per agreed SLA with functionPlan vs actual comparison and variance analysis to be presented to the management with reasoning for variancesEnsure proper internal control is defined on various finance processesEnsure there is proper control over fixed asset procurement and timely physical verificationTimely sharing of information and facilitate timely closure of statutory audit of both the entities in relation to accounts payable, fixed assets and tax without escalations from auditorsEnsure timely closure of Internal Audit process and further improved process in terms of ageing visibility and closure of long aged itemsEnsure that all expenses are approved as per DOA and approval guidelinesEnsure no overdue related party balances in the financialsManage the month, quarter and year-end close-down processAccount reconciliation, balance monitoring and regulatory reportingAnalyse balance sheet codes and ensure balances are accurate and currentReconcile balances with the source system, ensuring tax compliances with respect to right TDS rates on expense invoices, GST rates on Invoices and IUC expensesAssist with reviewing policy account balances including premiums receivable and assisting with addressing collection issues with premium receivableEnsure effective cash management, including monitoring future cash requirements and ensuring efficient levels of funding are availableEnsure completion of periodic returns to proper authoritiesEnsure completion of regulatory returns, tax filings and annual financial statementsProcess improvementEnsure a formal review mechanism of existing process and drive process improvements in expenses processing and financials reportingEnsure to be the part of budgeting activity in respect to non-insurance related expenses in consultation with the reporting managerDriving expense analysis and expense controlEnsure on time closure of the assignment as agreed with the stakeholder and reporting managerRisk managementEnsure that accounting process is in line with SOX narrativesEnsuring no unreconciled items in bank reconciliationImplementation of new process and controls to ensure that there is no concerned areas of the auditors related to non-insuranceEnsure working closely with regional team responsible for handling inter unit charges, so as to determine tax implications and balances are settled without delayRequirementsSemi-qualified chartered accountant with 4-5 years of work experience is preferredBachelor’s degree holder with good exposure in Big 4 and/or insurance companies3-5 years of middle management work experience in insurance accounting and taxGood command over written and spoken EnglishAccounting knowledge, i.e. India GAAP, Ind AS and US GAAPExperience of financial reporting, insurance accounting, system reconciliationsExposure to Indian private limited company financial reporting will be an added advantageManaging and leading statutory audit processesProficiency in Microsoft Excel will be added advantage and capability to work on standard reporting tools will be an added advantage like Power BIGood understanding of insurance/ reinsurance businessStakeholders’ managementAbility to strictly adhere to timelines and project management skillsAbility to resolve complex issues independently, drawing on knowledge of the industry and accounting principlesCompany secretarial – filing returnsBasic coordination of legal work – agreements, contracts etc.Knowledge and experience of foreign exchange mattersWhat you can expect from RGAGain valuable knowledge from and experience with diverse, caring colleagues around the world.Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.Join the bright and creative minds of RGA, and experience vast, endless career potential.We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.
Required skills
- Accounting
- Advanced Excel
- Audit
- Bookkeeping
- Financial Planning and Analysis
- Financial Reporting
- GST
- Ind AS
- Internal Audit
- Risk Advisory
- Statutory Audit
- TDS
- Tools
- Treasury