Role description A Position Overview Position Title Assistant Manager - Finance and Accounts Department Ind AS Project Level/ Band 301/Assistant Manager Role Summary: To ensure compliance to the procurement process while ensuring business requirements are met within targeted timelines and quality parameters B Organizational Relationships: Reports To Project SPOC Supervises NA C Job Dimensions: Geographic Area Covered Corporate Stakeholders Internal All Users External Parent & Group Companies, Auditors, Consultants D : Ind AS / IFRS . Ensure detail analysis (including preparation of technical memos) and understanding of IFRS / IND AS, specifically on Ind AS / IFRS for Financial Instruments, Insurance Contracts, Leases. . Ability to understand data flows across systems from source to target and data architecture under Ind AS / IFRS.

Ability to conduct process walk-throughs of current processes and highlight / recommend process gaps, flaws and process changes. .

Experience of handling proforma reporting requirements of IRDA on Ind AS / IFRS. Finance domain knowledge .

Experience of closing books of accounts on a monthly, quarterly and annual basis, post passing all necessary closing entries. . Reviewing provisions for expenses, expense trending and explanation of variances. . Scrutiny of ledger accounts, preparation of necessary account schedules and identification of exceptional items, if any. .

Processing transactions with related parties and other group companies and reporting in accordance with accounting standards and IRDA requirements. Project-related skills .



Co-ordinating with auditors during audits and limited reviews. .

Ability to prepare summary presentations for facilitating discussions at various levels viz., Mancom, Steer Co, parent companies, industry forums, etc. . Ability to work with cross-functional teams especially actuarial and technology. . Having the foresight to draw down activities in a large-scale Ind AS / IFRS project, list down pitfalls / bottlenecks, be solution oriented and drive the results for the workstream.

Working with various systems in finance domain . Working / advanced knowledge of MS Office suite while SharePoint, Visio is add-on. . Basic / working knowledge of GL systems (SAP FICO, FAM, etc.) - knowledge of FPSL / SLAM sub-ledger system is add-on. .

Ability to act as a business analyst viz., read the Ind AS / IFRS and convert it into business requirement, use the knowledge of the affected system and writing a Business Requirement Document (BRD) Required experience . Consulting / Project kind of role - demonstrating agility, drive for results and ownership. . IFRS/IND AS gap analysis / implementation experience.

E Skills Required Technical . Knowledge of key Insurance Regulations / Products . Insurance accounting knowledge and IFRS / IND AS Behavioral Essential Desired Interpersonal skills . Communication skills .

Creative thinking skills . Supervising/Leadership skills .

Teamwork

Skills . Influencing skills .

Relationship

Building skills . Decision making skills . F Incumbent Characteristics Essential Desired Qualification B. Com / CA Inter / CA / MBA Experience Exe 0 - 3 years AM 3 - 6 years PQE

📌 Assistant Manager - Finance and Accounts (Mumbai)
🏢 Tata AIA Life
📍 Mumbai