Financial Accounting

Hello,

Greeting from Kotak Life Insurance!

Location - Groregaon (E)

Job Role - Financial Accounting

Contact Person - Sangita Mandal (8369252270)

Interested candidate can mail there resume at "kli.sangita-manadal@kotak.com

Key Responsibilities:

• Work with cross functional teams to prepare the Ind AS transition roadmap
• Define scope, milestones, deliverables and timelines for the implementation
• Track progress and coordinate with external consultants, auditors and IRDAI where necessary
• Identify and document required accounting policy, system changes, position papers and technical memos and data requirements
• Prepare and review Ind AS compliant financial statements and disclosures
• Support parallel run and dry run of Ind AS reporting
• Work on first time adoption adjustments including reconciliations of equity and profit & loss
• Coordinate with IT to modify core insurance systems, finance ERP and reporting tools for Ind AS compliant data capture and reporting
• Coordinate with IT to implement new calculation and reporting systems for Ind AS 117, I09 and 116
• Conduct UAT for new systems and changes made in existing system
• Develop and implement new controls and processes to ensure ongoing compliance
• Conduct workshops and training for finance, actuarial and business teams
• Ensure governance and approval for all Ind AS related changes

Qualification & Experience:

• Chartered Accountant (CA) or equivalent
• Prior experience in IND AS or IFRS reporting is added advantage
• Exposure to life insurance business processes is added advantage