Tata AIA Life Insurance Recruiting B.Com,CA Inter,CA,MBA for the position Manager – Finance and Accounts .This position requires B.Com,CA Inter,CA,MBA with prior experience. Interested and eligible candidates have to apply with like arranged at bottom of this post. This vacancy available from 10th Feb 2023 and will expire soon .We are recommended to apply as earliest for early shortlist . Shortlisted candidates have to go through selection process( Test, Interview rounds ) for selection for the position.
Summary of Vacancy- Manager – Finance and Accounts
| Company Name | Tata AIA Life Insurance |
| Location | Mumbai |
| Salary Offering | Not Disclosed |
| Hiring Designation | Manager – Finance and Accounts |
| Experience Required | 08-10+Years |
| Qualification | B.Com,CA Inter,CA,MBA |
| No Vacancy | NA |
Related Job : GOVT-203 Posts: Indian Bank Recruitment 2023-Last Date to Apply: 28-02-2023
Job Role or Description
Ind AS / IFRS
- Ensure detail analysis (including preparation of technical memos) and understanding of IFRS / IND AS, specifically on Ind AS / IFRS for Financial Instruments, Insurance Contracts, Leases.
- Ability to understand data flows across systems from source to target and data architecture under Ind AS / IFRS. Ability to conduct process walk-throughs of current processes and highlight / recommend process gaps, flaws and process changes.
- Experience of handling proforma reporting requirements of IRDA on Ind AS / IFRS.
Finance Domain knowledge
- Experience of closing books of accounts on a monthly, quarterly and annual basis, post passing all necessary closing entries.
- Reviewing provisions for expenses, expense trending and explanation of variances.
- Scrutiny of ledger accounts, preparation of necessary account schedules and identification of exceptional items, if any.
- Processing transactions with related parties and other group companies and reporting in accordance with accounting standards and IRDA requirements.
Project-related skills
- Co-ordinating with auditors during audits and limited reviews.
- Ability to prepare summary presentations for facilitating discussions at various levels viz., Mancom, Steer Co, parent companies, industry forums, etc.
- Ability to work with cross-functional teams especially actuarial and technology.
- Having the foresight to draw down activities in a large-scale Ind AS / IFRS project, list down pitfalls / bottlenecks, be solution oriented and drive the results for the workstream.
Working with various systems in finance domain
- Working / advanced knowledge of MS Office suite while SharePoint, Visio is add-on.
- Basic / working knowledge of GL systems (SAP FICO, FAM, etc.) – knowledge of FPSL / SLAM sub-ledger system is add-on.
- Ability to act as a business analyst viz., read the Ind AS / IFRS and convert it into business requirement, use the knowledge of the affected system and writing a Business Requirement Document (BRD)
Company Profile Tata AIA Life Insurance Company Limited (Tata AIA Life Insurance) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life Insurance combines Tatas preeminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world, spanning 18 markets in the Asia Pacific region. Tata AIA Life Insurance is one of the leading insurers in the country, and offers plans in multiple life insurance segments such as protection plans, wealth plans, child plans, savings plans, group plans, and micro-insurance plans, among others.
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