Assistant Manager, Financial Reporting & Accounting
- Employer
- AXA XL
- Location
- India
- Posted
- Aug 07, 2024
- Closes
- Aug 17, 2024
- Ref
- 4801412049
- Role
- Finance Manager
- Certification
- Other
- Work Mode
- Hybrid
- Hours
- Full Time
- Organization Type
- Corporate
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 Regulatory Reporting, Statutory Reporting and Management Reporting activities for XL Re Europe business.
DISCOVER your opportunity
What will your essential responsibilities include?
• Responsible for Reinsurance Financial Reporting activities which will include Regulatory Reporting, Statutory Reporting and Management Reporting activities for the Reinsurance business.
• Analysis and reporting for all line items related to Income Statement and Balance Sheet.
• Assist in quarterly close & reporting process & adhere to time schedules.
• Review of expense management, accrual, prepayment, recharge, and intercompany balances.
• Assisting in various audits - Statutory and Internal Audit.
• Support the management team on a regular basis for any ad-hoc request.
• Maintain strong communication with onshore (both written and verbal) and manage expectations.
• Develops and maintains process documentation.
You will report to the Manager.
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
• CA with relevant years of experience in accounting and financial Reporting.
• Good Accounting knowledge.
• Knowledge of IFRS is required.
• Communication skills: Effective communication and interpersonal skills.
Desired Skills and Abilities:
• MS Office skills: Should have strong MS Excel skills.
• Able to work and communicate effectively as part of a cross-geographic and cross-cultural team.
• Good team player and ability to work independently.
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.
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:
For more information, please see axaxl.com/sustainability.
AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.
DISCOVER your opportunity
What will your essential responsibilities include?
• Responsible for Reinsurance Financial Reporting activities which will include Regulatory Reporting, Statutory Reporting and Management Reporting activities for the Reinsurance business.
• Analysis and reporting for all line items related to Income Statement and Balance Sheet.
• Assist in quarterly close & reporting process & adhere to time schedules.
• Review of expense management, accrual, prepayment, recharge, and intercompany balances.
• Assisting in various audits - Statutory and Internal Audit.
• Support the management team on a regular basis for any ad-hoc request.
• Maintain strong communication with onshore (both written and verbal) and manage expectations.
• Develops and maintains process documentation.
You will report to the Manager.
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
• CA with relevant years of experience in accounting and financial Reporting.
• Good Accounting knowledge.
• Knowledge of IFRS is required.
• Communication skills: Effective communication and interpersonal skills.
Desired Skills and Abilities:
• MS Office skills: Should have strong MS Excel skills.
• Able to work and communicate effectively as part of a cross-geographic and cross-cultural team.
• Good team player and ability to work independently.
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.
AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.