A Position Overview Position Title Assistant Manager Finance Controls Department

FA

Level / Band

Assistant Manager Role Summary: Systems Support and digital transformation B Organizational Relationships Reports To Manager, 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

Coordinate with multiple stakeholders for Internal Financial Controls (IFC) audits, including data collection, validation, and periodic control refresh activities.

Understand and clarify audit requirements, proactively resolve queries, and ensure timely closure of audit observations on a quick-track basis.

Perform Financial Controls

Assessment and Evaluation across various functions to identify, mitigate, and prevent potential financial risks.

Conduct

Risk and Control Assessments for various business functions to mitigate financial and operational risks, including process reviews and SOP evaluations. Prepare and present management and group reporting on key financial control, risk, and compliance matters. Drive various ad hoc reports, analyses, and strategic projects related to financial controls, governance, and process improvements.

Review existing Delegation of Authority (DOA) and Approval Matrices across functions to ensure adequacy, compliance, and operational effectiveness. Recommend and strengthen approval authority frameworks based on stakeholder inputs while considering risk management, internal controls, and governance requirements. Conduct detailed reviews of finance-related processes and identify opportunities to streamline workflows, improve efficiency, enhance control effectiveness, and strengthen the overall control environment.

Partner with business and functional teams to implement process improvement initiatives and monitor the effectiveness of control enhancements.

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 efficient 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 productive 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 inference. 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 2 + years in Finance in Insurance sector

This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Assistant Manager - Financial Control (Thane)
🏢 TATA AIA LIFE INSURANCE
📍 Thane