BA Subledger and Accounting - IFRS-17
- Prudential plc
- 6 to 10 Yrs
- karnataka
- 4 months ago
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Job Description
- As a BA Subledger and Accounting at Prudential, your role involves possessing a degree in Finance, preferably as a Chartered Accountant or a Certified Public Accountant. You should have a strong understanding of business and accounting knowledge, particularly in Insurance companies and governing accounting standards such as IFRS17. Experience with subledger accounting engine tools like Financial Accounting Hub is essential, along with a conceptual understanding of event-based accounting treatment. Previous exposure to Finance transformation, sub-ledger/ledger redesign, and ERP Implementation projects is beneficial. You will be responsible for system configuration, testing, and collaborating with cross-functional teams and senior stakeholders. In this position, you will be responsible for analyzing business processes, identifying areas for improvement, and implementing IT solutions to enhance efficiency and productivity. Working closely with stakeholders, you will understand their needs, document requirements, and translate them into technical specifications. Additionally, conducting feasibility studies, cost-benefit analyses, and risk assessments will ensure that proposed solutions align with business objectives. Key Responsibilities include analyzing financial data, preparing reports, reviewing accounting inputs for IFRS17, conducting variance analysis, collaborating with departments for financial accuracy, assisting in budgeting and forecasting, and presenting financial information to stakeholders. You will use financial software to streamline processes, provide financial insights for strategic decision-making, ensure compliance with accounting standards, and identify areas for process improvement. Documentation of business requirements, conducting feasibility studies, and risk assessments for IT solutions, coordinating with stakeholders, overseeing IT project implementation, and providing end-user training and support are also part of your responsibilities. Qualifications for this role include a Bachelor's degree in accounting or finance (CA candidates preferred), proven experience as a business analyst, a strong understanding of accounting principles, knowledge of IFRS 17 reporting in life insurance business, proficiency in financial software and tools, and expertise in Excel skills and ETL knowledge. Preferred qualifications include experience in the financial/insurance industries, excellent analytical and problem-solving skills, strong communication and presentation skills, attention to detail and accuracy, and the ability to work collaboratively in a team environment. This position is based in Whitefield, Bangalore, with a hybrid working mode (3 days WFO) and requires a minimum of 6 years of relevant experience in IFRS17. If you are a finance professional with a degree as a Chartered Accountant or a Certified Public Accountant and meet the qualifications and responsibilities outlined above, we invite you to apply for this challenging opportunity to contribute to Prudential's mission of being partners for every life and protectors for every future.,
Employement Category:
Employement Type: Full timeIndustry: BFSIRole Category: Not SpecifiedFunctional Area: Not SpecifiedRole/Responsibilies: BA Subledger and Accounting - IFRS-17Contact Details:
Company: Prudential plcLocation(s): Karnataka
Keyskills: Finance Subledger Accounting Financial Accounting ERP Implementation System Configuration Testing Communication Skills Business Analysis Financial Reporting Variance Analysis Budgeting Forecasting Compliance Risk Assessment Feasibility Studies Stakeholder Management Project Management IT Solutions Documentation Business Process Improvement Regulatory Compliance Troubleshooting Chartered Accountant
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