Investment Accounting & Reporting Analyst - Insurance Shared Service Centre

Operational Responsibilities

- Initiate updates in systems according to reporting evolution

- Produce and analyze reports

- Ensure Process Improvement drive

- Act as second level of approval authority

- Participate in the processing work related to the function at the expected level of delivery in terms of turnaround time and quality while performing the following processes(90% involved in process):

- Investment Accounting: Asset designation, initial designation of interfaced trades, Initial designation of manual trades, change of designation, de-recognition.

- Sub ledger preparation, Nautilus group consolidation, fund summary consolidation.

- Valuation and pricing : Accrual/ deferral of interest, valuation pricing

- Impairment processing and delivering data to general ledger

- Hedge Accounting & designation: Post designations, generate the postings, Post hedge accounting items, post in F1, Generate the postings, post hedge accounting designation.

- Reporting: Maintain and communicate reporting policies, prepare and analyze reports, distribution of reports and acquiring sign offs & reports submission

Managerial Responsibilities

- Manage a small team (people issues, hiring, retention, performance management etc.)

- Lead and motivate the team to facilitate achievement of key performance indicators.

Education and Experience

- Graduate / post-graduate degree in accounting / finance required/inter C.A. /C.A. may be considered if they come with the relevant knowledge

- Close to 3-5 years in a Investment accounting/Reporting function in an accounting firm, insurance or bank organization preferred, knowledge of accounting principles required and should have experience in preparation and review of statutory and regulatory reports

- Previous experience in an Insurance Shared Service Centre environment preferred

- Experience managing a team of 3-4 operators

- General understanding of Insurance Business with ability to articulate the different dimensions and indicators with reference to a reporting function

- Open to working in European shifts

- Must possess a valid passport

Technical Competencies

- Understanding of Investment accounting/reporting domain in ERP/SAP environment

- Knowledge of reporting tools such as Business Objects WebI, SQL, Toad or similar desirable

- Exposure to accounting applications like Magnitude desirable

- Knowledge of IFRS and GAAP would be an advantage

- Good knowledge of Live Office or similar platforms and MS Office applications, especially Word and Excel required

- Ability to perform tasks on multiple computer applications