- Review of investment balances between Investran or Clearwater/IDR and SAP on monthly / quarterly basis. Research variances and record adjusting entries to IDR or SAP as needed, GAAP basis.
- Review of investment cash balances between Investran or LMS/ CW/IDR and SAP on monthly / quarterly basis. Coordination with BU to clear balances, record adjusting entries to IDR or SAP as needed
- Ensure assigned investment reconciliations are prepared accurately and on timely basis.
- Ensure daily suspense reconciliations are prepared and monitored and any breaks investigated and resolved
- Ensure during pre-close review of reports from sub-ledgers to ensure accurateness of accounts and wherever required raise request to activate the in-active of SAP accounts post necessary validations
- Daily transaction processing of cash inflows and outflows related to PE and HF investments for all subsidiaries of
- Monthly and quarterly valuation updates to PE and HF investments for all subsidiaries of using financial statements from the funds
- Quarterly processing STAT OTTI on PE and HF investments for all insurance subsidiaries of based on rules based criteria
- Preparation of annual rating agency survey- Moody's, S&P and Fitch
- Review of SAP mock close ledger feeds to ensure all accounts feed during the close.
- Preparation of TIC reporting
- Reconciliation and validation of quarterly and annual RBC for the NAIC Annual Statement
- Reconciliation and validation of quarterly and annual financial statement exhibits and investment detail schedules to the NAIC Annual Statement
- Prepare and submit all MDG requests for new or extended SAP Accounts/ GL entities
- Manage delivery of work with zero surprise and timely basis.
- Pro-actively manage the risk, escalations and issues of his/her segment/ area
- Communication with internal/external stakeholders as required
- Provide timely updates to the next levels and raise risks / issues on timely basis
- Manage/ execute adhoc request from stakeholders
- Drive strong operations / ownership culture within the team and work on streamlining and standardization of the processes where required
- Ensure compliance to applicable US GAAP standards and adherence to key internal milestones of close.
- Maintain strong control environment with emphasis on strong documentation, review rigor and evidencing. Drive culture of zero surprise environments.
- Ensure robust process around knowledge management through documentation, cross training & succession planning rigor.
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