24 Oct
|
Kotak Life Insurance
|
Mumbai
24 Oct
Kotak Life Insurance
Mumbai
Job Profile
For Regulatory Return
Role: Finance and Accounts Lead
Designation: Chief Manager/Senior Manager
Department: Finance
Location: Goregoan East
Education: Qualifed CA
Experience: 6 Years
Position Overview
We are seeking an analytical, Finance & Accounts qualified with expertise in the Insurance industry. The ideal candidate will oversee Financial reporting, Disclosures, Controlling functions, Analytical, regulatory compliances, cross-functional
automation projects. This role requires a strong blend of accounting current IGAAP regulations. Exposure to IFRS accounting would be an advantage. Knowledge sharp analytical capabilities, and excellent stakeholder management skills to
lead teams and interact confidently with senior management, auditors, and cross department.
Key Responsibilities
Financial Reporting, Accounting & Analysis
· Drive the monthly, quarterly, and annual closure of books of accounts. Ensure deep understanding and preparation of financials and detailed notes to accounts.
- Prepare robust variance analysis, financial ratios, and management information for review by the Audit Committee of the Board (ACB) and the Board of Directors.
- Contribute to Accounting controls and analysis
- Comprehensive understanding of life insurance accounting,
IRDAI financial regulations, IGAAP, IFRS reporting framework
2. Regulatory Returns & Compliance Reporting
- Prepare and review critical regulatory filings including F&A; BAP returns, Website Public Disclosures, Listed Entity formats, FC Returns, Return of Subsidiaries, and MSME Form-1. Efficiently manage urgent and ad-hoc data requirements from the IRDAI, as well as taxation authorities (Direct Tax, GST, PT).
3. Strategic Projects, Competition Analysis & Process Automation
- Drive strategic initiatives within the CFO function and collaborate on high-impact, cross-functional projects across multiple departments.
- Critically evaluate the financial statements, notes to accounts , and management reports of peer life insurance companies.
- Map out and benchmark key performance metrics, disclosure practices, and operational strategies against industry leaders.
- Manage the end-to-end compilation, editing, and presentation of the company’s Annual Reports and strategic management disclosures.
- Implement modern automation tools and technologies within the financial reporting ecosystem to minimize manual effort, eradicate errors, and compress closing timelines.
📌 Chief Manager - Finance - Mumbai (Goregaon East)
🏢 Kotak Life Insurance
📍 Mumbai