Deputy Manager, Financial Reporting & Accounting

Employer
XL Group
Location
India
Posted
Apr 07, 2024
Closes
May 22, 2024
Ref
4585814418
Level
Manager, Staff, Senior
Work Mode
Hybrid
Hours
Full Time
Organization Type
Corporate
We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients' potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. Financial Accounting & Reporting team provides accounting support to various AXA XL legal entities based out of Bermuda, UK and US. There are different sub-processes performed by Financial Accounting & Reporting team in India which includes but is not limited to: Quarter end Close Process, Reporting Process, Reconciliation Process, Planning Process, Business Analysis Process, etc.

DISCOVER your opportunity

What will your essential responsibilities include?
  • Responsible for leading the team including management of financial planning, accounting, and reporting activities the division.
  • Responsible for driving and reviewing Quarterly Income Statement and Balance Sheet, monthly/quarterly reconciliations which include but is not limited to Balance Sheet and P&L reconciliations.
  • Responsible for providing support on IFRS 17 Financial Close & reporting and analysis activities for the Life Re segment.
  • Analyzing trends and supporting management in quarterly close and reporting process.
  • Manage the BAU deliverables related to accounting/reporting of group treaties (Gross, Net Property QS, Internal group treaties - IGR, others).
  • Maintain effective communication with onshore (both written and verbal) and leadership expectations.
  • Drive continuous/ process improvement and special projects.
  • Identify process improvements and make recommendations to streamline the process.
  • Support and lead projects as and when required to ensure true & fair presentation of financials as a result of changes in accounting treatment, ledger clean-up activities, restructuring, etc.
  • Handling of adhoc queries related to the process on a regular basis.
  • Review and update internal controls (FIC) documentation/SOX compliance for various processes.

You will report to Senior Manager.

SHARE your talent

We're looking for someone who has these abilities and skills:

Required Skills and Abilities:
  • CA with relevant years of post-qualification experience in accounting and financial reporting with an experience of team handling.
  • Effective communication & interpersonal skills to work effectively with internal/external teams across the globe.
  • Relevant work experience preferable in the Insurance industry, financial services, or consultancy.
  • Effective computer application skills (MS Excel, MS Access, SQL, Power BI, Qlikview).

Desired Skills and Abilities:
  • Experience with Oracle EBS, Hyperion Financial Management (HFM) and Magnitude would be advantageous.
  • Effective analytical, research and problem solving skills.
  • Organized, methodical, able to deal effectively with multiple priorities and do multitasking.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business - property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed.
  • Five Business Resource Groups focused on gender, LGBTQ , ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
  • Robust support for Flexible Working Arrangements.
  • Enhanced family friendly leave benefits.
  • Named to the Diversity Best Practices Index.
  • Signatory to the UK Women in Finance Charter.

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:
  • Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
  • Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
  • Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
  • AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see axaxl.com/sustainability.