Senior Finance Associate

Jun 17, 2024
Jul 01, 2024
Work Mode
Work from office
Full Time
Organization Type

Responsible for Reinsurance Financial accounting and reporting activities.

Responsible for performing control validations around ceded QS / FAC / XOL accruals process, FDM review process for Ceded reinsurance on monthly / quarterly basis.

Actual Vs Budget analysis for ceded reinsurance business for Current year Vs Prior year, QOQ, YOY etc.

Performing Ceded Payable / Ceded Receivable balance sheet reconciliation including liaising with technical operation accountant to implement consistent reconciliation, issue resolution and monitoring of variances.

Oversight of Bank reconciliation / suspense account open items. Also require follows up and regular interaction with CM&A and Reinsurance technical operation team.

Responsible for extracting queries from CRAFT, FDM, EFRL & HFM and analyzing the same.

Responsible for preparing and posting journal entries.

Maintain Effective communication with onshore (both written and verbal) and manage expectations.

Keeping the flexibility in reports to incorporate any high-level adjustments or structural changes from onshore.

Liaise with onshore stakeholder in the Identification & investigation of any exceptions in reconciliations.

Develops and maintains process documentation.

Support Ad-hoc activities.

You will report to the Delivery Lead of Reinsurance Financial Reporting.

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

Required Skills and Abilities:

Accounting and Analytical skills: MBA in Finance or CA inter with relevant experience of relevant years in Financial Accounting & Internal reporting.

Good Accounting knowledge - Posting Journal Entries, Income Statement Analysis, Balance Sheet, etc.

Communication skills: Effective communication and interpersonal skills.

Desired Skills and Abilities:

MS Office skills: Should have effective MS Excel skills.

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.

Skills: Analytical Skills, Journal Entries, Ms Office Skills, Communication Skills, Accounting, Balance Sheet

Experience: 3.00-5.00 Years