Deputy Manager - Regulatory Reporting

Ikya Human Capital Solutions Pvt Ltd
  • Noida
  • 10-13 lakh
  • 3-7 years
  • Views
  • 15 Sep 2016

  • Finance/ Accounts

  • BPO/ ITES/ Call Centers
Job Description

The prospective candidate will be part of a team assisting Regulatory Accounting & Reporting, a division of Regulatory Finance - with the following responsibilities:
1) Preparation of Quarterly & Annual Statutory Reports
2) Prepare Analytical reports & document findings from the Analysis
3) Support the Premium Deficiency Reserve (PDR) Process
4) Maintain Internal controls and support regulatory and statutory audits
5) Work on adhoc projects
Analyze and review general ledger accounts in preparation for month end close.
- Reviews accounting classifications, in accordance with generally-accepted accounting principles.
- Analyze financial statements, including balance sheets and statements of financial position
Assist with or lead the month end quarterly end close process for assigned businesses or groups
- Monitor claim accounting exceptions (monthly) and report any issues to GAAP accounting team
- Develop monthly legal entity claims variance commentary to be distributed to the regulatory accounting teams

Required Skills :
- Exposure to US Insurance Financial Reporting preferred (or at least US GAAP Reporting)
- Thorough understanding of Accounting, General Ledger and chartfield attributes
- Ability to work under extremely tight deadlines and should be self driven in nature with minimal supervision on day to day activities
- Excellent oral and written communication
- Interpersonal skills
- Attention to details and accuracy with analytical bent
- Deliver Quality Results
- Working knowledge of software tools ( Ex: MS Excel, PeopleSoft, PDF, Access etc.)
- Ability to take direction and work on their own
- High degree of Analytical acumen
- Ability to manipulate and synthesize large amount of data


- Experience in US GAAP or US Insurance Financial Reporting
- Experience in participating and leading project work - Preferred

Work Hours: Should be ready to work approximately 50-60 hours per week during peak quarter-end periods, and an estimated 40-45 hours per week during the remainder of the year
Shift: Should be ready to work in US Shift (6 PM IST to 3 AM IST) during the Transition period and during peak filing season( US Shift or Streching) . Should be in UK shift (2.30 PM IST to 12 AM IST) for the remainder of the year

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