Job Description
Designation : AVP Financial Reporting

Key Responsibilities
/ Key Deliverables: Financial Reporting & Accounting
· Lead preparation and review of quarterly and annual financial statements in accordance with I GAAP and applicable regulatory requirements.
· Ensure timely completion of monthly, quarterly, and annual financial closing activities.
· Monthly financial review with CFO.
· Co-ordinate with promoters and provide the requisite details as and when required.
· Prepare accounting position papers and technical accounting memos for complex transactions.
· Assess the impact of new accounting standards, accounting guidance, and regulatory updates.
· Support in implementation of Ind AS 117/ Ind AS reporting. Regulatory & Management Reporting
· Prepare and review financial information required for Board, Audit Committee, Senior Management and regulatory submissions.
· Coordinate with various stakeholders to ensure completeness and accuracy of financial reporting.
· Support implementation and monitoring of Internal Financial Controls (IFC) and governance processes. Audit Management
· Act as the primary finance contact for statutory, internal, and regulatory audits.
· Coordinate audit requirements and provide timely resolution of audit queries.
· Drive closure of audit observations and implementation of corrective actions. Process Improvement & Automation
· Identify opportunities for process improvements and automation in financial reporting.
· Participate in finance transformation, system implementation, and reporting enhancement projects.
· Work closely with IT,



actuarial, investment, and business teams on reporting initiatives. Team Management
· Guide and mentor team members.
· Monitor deliverables and ensure adherence to reporting timelines and quality standards.
· Foster a culture of accountability, collaboration, and continuous improvement. Measure of Success:
· Timely closure of monthly, quarterly, and annual books as per agreed timelines.
· Accurate and timely reporting to Audit Committee/Board.
· 100% compliance with regulatory and internal reporting requirements.
· Ensure no exception in audits.
· Effective stakeholder management.
· Strong employee engagement and collaboration.
· No significant control failures attributable to the reporting function.
· Timely implementation of project as per project plan.
· Identification of automation & process simplification prospect and implement those opportunities successfully. Desired qualifications and

experience:
· Chartered Accountant with 15+ years of relevant experience post qualification Knowledge and skills required:
· Life Insurance experience in Financial Reporting
· Good knowledge of I GAAP, IND AS, Accounting practices & standards, SEBI and IRDAI regulations
· Experience in handling external auditors, consultants, and regulatory authorities.
· Project management experience
- Successfully implemented various significant projects at organization level
· Ability to manage multiple priorities under tight deadlines.
· High level of ownership and attention to detail.
· Leadership and team management capability.

📌 AVP Financial Reporting (Gurugram)
🏢 Axis Max Life Insurance
📍 Gurugram