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Manager Accounting & Financial Reporting @ Idbi Federal Life

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 Manager Accounting & Financial Reporting

Job Description

Manager Accounting & Financial Reporting

Location : Mumbai

Position Title : Manager Accounting & Financial Reporting

Department : Finance

Locations : Mumbai

Candidate Requirement
  • CA Qualified with 4 years of post qualification experience in Insurance Industry
Key Responsibilities:
  • Review to ensure accounting of expenses including provisions in the appropriate general ledger, department and location level.
  • Prepare OPEX report on a monthly basis and review the general ledgers for expense variance.
  • Carry out allocation of operating expenses across business segments in line with the board approved policy
  • Prepare and maintain financial statements, various schedules to financial statements and reports.
  • Review the FA register, procedure relating to assets capitalization, sale, disposal or retirement etc, Run Depreciation charge accounting, Capital Work in Progress and Advances for capital items. Ensuring physical verification by the respective functions and closure of discrepancies.
  • Compilation and reporting of Related Party transactions with proper documentation
  • Submission of BAP returns - quarterly and yearly and complete the BAP return audit
  • Review of compliance checklist with Compliance, Support for Ind AS implementation

CTC: 8 Lacs

Location: Mumbai

Employement Category:

Employement Type: Full time
Industry: Insurance
Role Category: Finance / Accounts / Tax
Functional Area: Not Applicable
Role/Responsibilies: Manager Accounting & Financial Reporting

Contact Details:

Company: IDBI Federal Life
Location(s): Mumbai

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Keyskills:   general ledger financial statements financial justification insurance

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Idbi Federal Life

IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. In this venture, IDBI Bank owns 48% equity whil...