IDBI Federal Life Insurance - Manager - Accounting & Financial Reporting - CA

Location: Lower Parel

Days of Working: 5 days

JD for Manager - Accounting & Financial Reporting

- Review to ensure accounting of expenses including provisions in the appropriate general ledger, department and location level.

- Prepare OPEX report on a monthly basis and review the general ledgers for expense variance.

- Carry out an allocation of operating expenses across business segments in line with the board approved policy

- Prepare and maintain financial statements, various schedules to financial statements and reports.

- Review the FA register, procedure relating to assets capitalization, sale, disposal or retirement etc, Run Depreciation charge accounting, Capital Work in Progress and Advances for capital items. Ensuring physical verification by the respective functions and closure of discrepancies.

- Compilation and reporting of Related Party transactions with proper documentation

- Submission of BAP returns - quarterly and yearly and complete the BAP return audit

- Review of compliance checklist with Compliance, Support for Ind AS implementation

Qualification: Qualified Chartered Accountant

Experience: 4 years of post qualification experience in Insurance Industry is mandatory

If interested kindly share your updated CV along with Current CTC and Expected CTC