Financial Reporting
Financial Reporting
Posted on :
27-06-2025
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1 Vacancy
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Job Description
Key Responsibilities
Financial Reporting (US GAAP & IGAAP):
Prepare financial statements in accordance with US GAAP and IGAAP including
P&L Balance Sheet Schedules and Disclosures.
Perform adjustments regroupings and reconciliations (e.g. IGAAP to US GAAP
premium income knock-off).
Maintain financial checklists perform GAAP analyses and draft technical papers.
Support vendor assessments related to sub-ledgers and other reporting tools.
Maintain data catalogs required for disclosures and reporting systems.
IFRS 17 / Ind AS 117 Implementation:
Assist in the transition to IFRS 17/Ind AS 117 ensuring accurate reporting and
control frameworks.
Subsidiary & Consolidated Accounting:
Manage and review subsidiary company accounts ensuring accuracy and
completeness.
Coordinate with auditors and close Board-related reporting within deadlines.
Prepare and analyze consolidated financial statements and notes.
Regulatory Reporting:
Ensure timely and accurate submission of IRDAI reports on a monthly quarterly
half-yearly and annual basis.
Assist in preparing notes to accounts for standalone and consolidated financials in
compliance with regulatory and accounting standards.
Parent/Promoter Company Reporting:
Support preparation of financial reports required by the parent/promoter company
including Ind AS FFC US GAAP and schedule-based reporting packages.
Audit Management & Compliance:
Coordinate with internal and external auditors to close IGAAP and US GAAP
requirements.
Support SOX compliance and implement internal controls as needed.
Cash Flow & Year-End Reporting:
Prepare standalone and consolidated cash flow statements in line with AS 3.
Contribute to quarterly and year-end closing activities and assist in preparing the
Annual Report including related party disclosures.
Required Skills & Competencies
Strong knowledge of accounting standards (US GAAP IGAAP Ind AS) and IRDAI
regulations
Experience in financial reporting audit coordination and regulatory submissions
Excellent analytical and presentation skills
Proficiency in Microsoft Excel and financial systems
Ability to manage deadlines and handle multiple priorities.
Employment Type
Full Time
Key Skills
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