Finance reporting

Gurugram - India

Monthly Salary: Not Disclosed

Posted on: 5 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Title: Financial Reporting

Location: Gurugram (HO)

Experience: 1 3 Years

Department: Finance

Reports To: Manager / Senior Manager Financial Reporting

Role Objective

The primary focus of this role is to assist in the preparation analysis and submission of accurate financial reports. You will ensure compliance with IRDAI regulations Indian GAAP and Ind AS while supporting the month-end closing process and statutory audits.

Key Responsibilities 1. Financial Reporting & Compliance

Assist in the preparation of Financial Statements (Balance Sheet P&L Cash Flow) on a monthly quarterly and annual basis.
Ensure all reports comply with IRDAI guidelines Companies Act 2013 and Accounting Standards (Ind AS / IGAAP).
Support the Fit for Consolidation process for reporting to the parent entity (Axis Bank / Max Financial).

2. Regulatory Submissions

Prepare and validate data for BAP (Business Analytics Project) submissions to IRDAI.
Assist in filing Public Disclosures Life Council reporting and other ad-hoc regulatory certificates.

3. Audit & Internal Controls

Act as a point of contact for Statutory and Internal Auditors providing necessary schedules and resolving queries promptly.
Maintain and update the Internal Control Framework (ICF) to ensure robust financial governance.
Perform regular Trial Balance (TB) reviews and account reconciliations to ensure data integrity.

4. MIS & Data Analysis

Generate monthly MIS reports to provide financial insights to senior management.
Perform Variance Analysis (Actual vs. Budget) to identify and explain fluctuations in financial performance.

Required Skills & Qualifications

Education: Chartered Accountant (CA) is highly preferred. or MBA (Finance) from a reputable institute may be considered with strong relevant experience.
Experience: 1 3 years of post-qualification experience in Financial Reporting ideally within the Life Insurance or BFSI sector.
Technical Knowledge:
- Strong grasp of Ind AS and Indian GAAP.
- Understanding of IRDAI regulations and the insurance business model.
- Proficiency in Advanced MS Excel (VLOOKUPs Pivot Tables Complex Formulas).
- Familiarity with ERP systems (like SAP or Oracle) is a plus.
Soft Skills:
- High attention to detail and accuracy.
- Ability to meet strict regulatory and internal deadlines.
- Strong communication skills for stakeholder management.

Job Title: Financial Reporting Location: Gurugram (HO) Experience: 1 3 Years Department: Finance Reports To: Manager / Senior Manager Financial Reporting Role Objective The primary focus of this role is to assist in the preparation analysis and submission of accurate financial reports. You...