Deputy Manager, Financial Reporting & Accounting

4 days left

Employer
XL Group
Location
India
Posted
Apr 27, 2024
Closes
Jun 27, 2024
Ref
4667127337
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. The reinsurance Finance function in India primarily supports the quarterly closing and reporting process of the Reinsurance Business. There are different sub-processes performed by the Reinsurance Financial reporting team in India which include but are not limited to the quarter-end Close Process, Reporting Process, Reconciliation Process, Planning Process, Business Analysis Process, etc. This position will be supporting the Alternative Capital business.

DISCOVER your opportunity

What will your essential responsibilities include?
  • Prepare annual audited and/or unaudited financial statements for directors, investors and the BMA.
  • Preparation of Monthly Financial Statements for particular investors.
  • Preparation of NAV and submission of NAV to investors.
  • Ensure the collateral meets the terms of the agreement and calculate collateral release.
  • Ensure all capital activity is reported for the period.
  • Organize the preparation, review and settlement of bordereau reports.
  • Coordinate financial settlements with investors and internal regions.
  • Liaise with internal and external auditors and assist with year-end and quarterly audits.
  • Assist in the continuous development and improvement of Alternative Capital financial reporting.
  • Support Ad-hoc requests.
  • Develops and maintains process documentation.

You will report to the Senior Manager, Reinsurance Financial Reporting.

SHARE your talent

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

Required Skills and Abilities:
  • Accounting and Analytical skills: MBA in Finance with relevant years of experience or CA with relevant years of experience in Investments or Insurance-Linked Securities.
  • Excellent Accounting knowledge preferably on IFRS - Posting Journal Entries, Income Statement Analysis, Balance Sheet, calculation of NAVs, External Investor reporting etc.
  • Communication skills: effective communication and interpersonal skills.
  • MS Office skills: Should have effective MS Excel skills.

Desired Skills and Abilities:
  • Able to work and communicate effectively as part of a cross-geographic, cross-organizational and cross-cultural team.
  • Good team player and ability to work resiliently.
  • Effective customer-focus and results orientation

FIND your future

AXA XL, the P&C and speciality 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 speciality.

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 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.