A Position Overview Position Title Assistant Manager Finance Controls Department FA Level / Band Manager Role Summary: Systems Support and digital transformation B Organizational Relationships Reports To DVP, Finance Controls Supervises None C Job Dimensions Geographic Area Covered Corporate Zonal Level Depts. Stakeholders Internal All departments External Statutory Auditors and System Vendors D Job description Ensure Processes are updated covering all financial risks and their mitigation plans. Perform testing of various processes to identify area of control weakness and agree on the mitigation plan Loss event monitoring to ensure controls are put in place to avoid their future occurrence Ensure closure of various periodic deliverable with regard to companies act requirement on Internal financial controls and liaison with statutory and internal auditors to seek certification regarding adequacy of the same Carry periodic assessment of Balance sheet reconciliation for various assets and liabilities accounts to ensure nil financial exposure.

- Financial Controls Assessment Evaluation for various Functions to avoid any financial risk
- Risk control assessment for various functions to avoid financial and operational risks including process /SOP reviews
- Management and Group reporting on various financial control aspects
- Various adhoc reports /analysis /projects drive
- Review of current approval matrices of various functions
- Recommend approval authority matrices basis recommendation from various stakeholders and considering risk and controls in the process
- Conduct process review of various finance related process and come up with suggestions for improvement with respect to making the relevant process leaner, increase efficiency and strengthen internal controls

E Competencies Competency For

Proficiency Scale Description Demonstrating extraordinary levels of energy and effort that result in high performance delivery through systems and processes, with the flexibility and openness to respond to change as a result of business plan and regulatory guidelines. Is self-driven and extremely motivated towards achievement of set target. Depicts a sense of urgency for solving problems and getting work done in the most effective manner. Ascertains when it is appropriate to intervene in situations that jeopardize the attainment of goals. Seeks feedback from stakeholders to help improve performance.



Takes ownership of decisions and actions that advance objectives. Adapts to changes in priorities, assigned responsibilities and projects. Demonstrates a willingness to change ideas or perceptions based on new information or contrary evidence or technological advancements. Develop, maintain and strengthen relationships with internal and external stakeholders by working horizontally as well as vertically within organization and external partners with the goal to create a win - win relationship at work and achieve the business outcomes. Is aware of one s own style or preference and its impact on others. Responds to complex customer needs promptly and keeps superiors informed about own actions their context. Is aware of the differences in style among people and adapts one s own style to better work with others with differing styles. Gains agreement from stakeholders to support ideas or take partnership-oriented action; uses sound rationale to explain value of actions.

Communicates changes or problems to peers, team members, and/or others and work on solutions.

Makes others feel comfortable by responding in ways that convey interest in what they have to say.

Ability to align with the

organizations vision with a fair

understanding of the financial

processes, Insurance industry

regulations and financial

markets in order to deliver

profitable and sustainable

business growth.

Reviews and works towards enhancements of existing processes and systems in order to enable efficient financial transactions aligned to customer and consumer expectations.

Demonstrates fair understanding of the FA process and focuses on meeting budgets.

Has a fair knowledge about company and competitors products. Has fair knowledge of insurance industry regulations and financial markets. Has an in-depth understanding of ones own and team goals and drives the team to achieve the desired budgets. Displays a wide range of considerations and perspectives to a particular situation by analyzing facts, data and scenario based insights to enable a logical,



well-reasoned and informed decision - making process. Able to seek inputs from internal/external customers effectively. Presents in-depth analysis by seeking benchmarking data, industry insights and networking with other colleagues. Anticipates potential obstacles and develops contingency plans to overcome them. Able to identify relevant alternatives and evaluates the potential consequences of each before taking action. Thorough understanding of knowledge and skills sets required to excel within the function in order to build a business model leading to sustainable growth for Customers and consumers. Understands the need of the finance and accounting processes and policies and makes recommendations accordingly. Is able to develop various plans for deploying the strategy effectively impacting ones area of work. Continuously seeks inputs and knowledge to improvise processes and systems in ones own area of work. Keeps oneself abreast of the evolving trends and practices within the finance and accounting domain. The ability to analyze data and use knowledge/experience to make decisions in a structured manner based on logical assumptions and factual information, in line with the set regulations and guidelines. Identifying problems and providing solutions by developing a course of action taking into consideration resources, constraints and organizational guidelines, regulations values. Is able to analyze complex data to provide inputs that will help take decisions, when the situation is clear and options are obvious. Is able to look at domain specific problems and approach them in an organized fashion drawing appropriate inferences. F Skills Required Technical : Proficiency in SAP, Advanced Excel and MS Power point. Behavioral Essential Desired Interpersonal skills

Yes

Communication skills

Yes

Creative thinking skills

Yes

Supervising/Leadership skills

Yes

Teamwork Skills

Yes

Influencing skills

Yes

Relationship Building skills

Yes

Decision making skills

Yes

G Incumbent Characteristics Essential Qualification CA Experience 5 + years in Finance in Insurance sector <

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📌 Manager - Financial Control (Thane)
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