Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Position Title, Responsibility Level

Assistant Manager

Function

Statutory Reporting - Aetna F&A

Reports to

Manager

Permanent/ Temporary

Permanent

Span of Control

I C

Location

Noida - C15

Basic Function -

  1. Process entails preparation of Orange and Blue book financials for an insurance client.
  2. Understanding regulatory requirements as laid out by NAIC and verify financial statements are prepared accordingly.

Essential Functions

  • Requires the knowledge and ability to prepare financial statements and related reports, investigate problems and organize projects
  • Insurance accounting regulatory reporting experience (SSAP knowledge) preferred.
  • Ability to understand the significance of various activities in a statutory/GAAP accounting close cycle and deliver results accordingly.

Primary Internal Interactions

  • Assistant Manager and Lead Assistant Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support
  • Manager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performance
  • Peers(team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required

Primary External Interactions

  • Onshore Team Manager and SMEs for daily planning of work and execution of deliverables
  • Onshore Leadership team to state summary of performance delivery
  • Must demonstrate effective and diplomatic oral and written communication skills
  • Strong time management and organization skills

Organizational Relationships

Reports To : Manager Supervises : NIL

Skills

Technical Skills

  • Chartered Accountant, CPA, CFA or equivalent with 4-5 years experience.
  • B.Com with strong practical experience in reporting for more than 4-6 years.

Process Specific Skills

  • Should have good understanding of GAAP accounting principles and procedures.
  • Requires the knowledge and ability to prepare financial statements and related reports, investigate problems and organize projects
  • Insurance accounting regulatory reporting experience (SSAP knowledge) preferred.
  • Ability to understand the significance of various activities in a statutory/GAAP accounting close cycle and deliver results accordingly.

Soft skills (Desired)

  • Must demonstrate effective and diplomatic oral and written communication skills
  • Strong time management and organization skills

Soft Skills (Minimum)

  • Self-disciplined and result oriented
  • Ability to multi task
  • Ability to work effectively as part of a team
  • Commitment and drive for results
  • Strong analytical skills
  • Ability to understand and question established process guidelines in order to bring about possible process improvements
  • Ability to pay great attention to detail - especially during processing of transactions

Education Requirements

  • Chartered Accountant, CPA, CFA or equivalent with 4-5 years experience.
  • B.Com with strong practical experience in reporting for more than 4-6 years

Work Experience Requirements

  • 2-5 years of experience in technical accounting or reporting area preferably with an insurance company.
  • Should have good understanding of GAAP accounting principles and procedures.

Annexure:

Acknowledgement

___________________________________ ___________________________________________ ____________________________

Candidate Supervisor/Manager Date

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