Chief Manager - FR IGAAP - Insurance

BRIEF PROFILE AND WORK EXPECTATIONS FROM THE CANDIDATE:

Ind AS 117

(i) Managing Ind AS 117 implementation project

(ii) Finalization of Ind AS 117 implementation plan and ensuring delivery of various milestones as per plan

(iii) Co-ordinate with various stakeholders internal/external (Consultant, Steering committee, Regulator, Industry) on Ind AS 117

(iv) Quarterly update to Audit committee/Board on Ind AS 117 progress

(v) Finalization of system for Ind AS 117 and ensure successful implementation of system

- Financial Reporting (I GAAP and Ind AS) - Monthly/Quarterly preparation of financial statements, monthly review with CFO and quarterly update to Audit Committee

- SEBI reporting - Submission of quarterly audited results with Stock exchange and ensure timely compliances with SEBI regulations. Co-ordinate with Debenture trustee and provide the requisite details as and when required

- Group reporting - Co-ordinate with promoters and provide the requisite details as and when required

- Audit Committee/Board Deliverables - Ensure timely submission of Audit committee/Board deliverables, review of policies approved by Audit Committee/Board and closure of ATR's

- Quarterly/Annual Audits - Managing Statutory audits, Internal audits including ICFR

- Compliances- Ensuring compliances with Accounting Standards, Companies Act, IRDAI and SEBI regulations

- Project Management - Planning and overseeing projects to ensure they are completed in a timely manner and within budget

- System Enhancements - Testing of system requirements, evaluate new requirements and providing CRs to IT, liase with IT for resolution of defects and delivery

DESIRED COMPETENCES/QUALIFICATIONS:

- Chartered Accountant

- Minimum 12-15 years of relevant experience post qualification

- Life Insurance experience in Financial Reporting

- Good knowledge of I GAAP, IND AS, Accounting practices and standards, SEBI and IRDAI regulations

- Project management experience - Successfully implemented various significant projects at organization level

- Team handling - managing larger teams