Finance Manager ( Job ID 23552)
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Job Summary
Finance Manager Job Description (Insurance Broking Company)
Position: Finance Manager
Experience: 25 Years
Location: Pune
Reporting To: Director
The Finance Manager will be responsible for managing the financial operations of the
insurance broking company ensuring compliance with statutory regulations maintaining
accurate financial records and supporting management with financial analysis and
reporting.
* Manage day-to-day accounting and finance activities.
* Prepare monthly quarterly and annual financial statements.
* Monitor cash flow budgets and financial forecasts.
* Conduct financial analysis and provide recommendations to management.
* Ensure accurate accounting of brokerage income commissions and expenses.
* Manage Accounts Payable and Accounts Receivable.
* Ensure timely GST TDS Professional Tax PF ESIC and Income Tax compliance.
* Coordinate with auditors tax consultants and regulatory authorities.
* Reconcile bank accounts and monitor financial transactions.
* Track insurer commission receivables and client collections.
* Monitor premium remittances and insurer payments.
* Maintain records related to brokerage incentives and insurer settlements.
* Support preparation of financial reports required by insurers and management.
* Ensure compliance with IRDAI regulations applicable to insurance brokers.
* Maintain documentation and records for regulatory inspections.
* Prepare monthly MIS reports and management dashboards.
* Analyse business performance profitability and cost control measures.* Coordinate with sales operations underwriting and claims teams.
* Bachelors degree in commerce Finance Accounting or related field.
* 25 years of finance and accounting experience.
* Experience in insurance insurance broking preferred.
* Strong knowledge of accounting principles and financial reporting.
* Working knowledge of GST TDS and statutory compliance.
* Understanding of IRDAI regulations is an added advantage.
* Proficiency in Tally MS Excel.
* High attention to detail and accurac
