Finance Specialist

Job Description

📌 Job Title: Manager / Senior Manager – Financial Reporting 📍 Location: Mumbai 🏢 Department: Finance 💼 Sector: Insurance 🎓 Open to: CA / CMA / CFA / Semi-qualified CAs with relevant experience 🕒 Experience Required: 1–5 years What We're Hiring For A reputed organization in the insurance sector is looking for a proactive and detail-oriented professional to join their finance team as a Manager / Senior Manager – Financial Reporting . In this role, you’ll take full ownership of accurate and timely financial reporting, ensure seamless regulatory compliance (with a strong focus on IRDAI), and manage accounting for subsidiary entities. You'll be working at the intersection of business performance and regulatory excellence—contributing to key financial decisions and driving reporting quality. 🔑 Key Responsibilities 📊 Financial Reporting (US GAAP & IGAAP) Prepare financials as per US GAAP and IGAAP (P&L, Balance Sheet, Schedules, Disclosures). Handle adjustments, reconciliations, and GAAP analysis (e.g., IGAAP to US GAAP). Draft technical papers and maintain reporting checklists. Liaise with vendors on sub-ledgers and data tools. Maintain data catalogs for disclosures and reporting. 📘 IFRS 17 / Ind AS 117 Implementation Support the smooth transition to IFRS 17 / Ind AS 117 with accurate reporting controls. 🧾 Subsidiary & Consolidated Accounting Review and manage subsidiary accounts with accuracy and completeness. Coordinate with auditors and ensure timely Board reporting. Prepare and analyze consolidated statements and notes. 📝 Regulatory Reporting Ensure timely submission of IRDAI reports (monthly, quarterly, annual). Draft notes to accounts aligned with compliance standards. 🤝 Parent/Promoter Company Reporting Assist in Ind AS FFC, US GAAP, and schedule-based reporting packages. ✅ Audit & Compliance Partner with auditors to close IGAAP & US GAAP audits. Support SOX compliance and strengthen internal controls. 💰 Cash Flow & Year-End Reporting Prepare standalone & consolidated cash flow statements (AS 3). Contribute to quarterly/year-end closings and Annual Report prep. ✅ What You Bring Solid grasp of US GAAP, IGAAP, Ind AS , and IRDAI regulations Proven experience in financial reporting, audit coordination , and regulatory filings Strong analytical and presentation skills Advanced knowledge of Microsoft Excel and finance tools Ability to manage tight deadlines and multiple priorities 📩 Ready to grow your career in one of the most stable and regulated sectors? Apply now or tag someone who fits the bill!