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Job Description
Roles and Responsibilities
- Ind AS 117 -
(i) Managing Ind AS 117 implementation project
(ii) Finalization of Ind AS 117 implementation plan and ensuring delivery of various milestones as per plan
(iii) Co-ordinate with various stakeholders internal/external (Consultant, Steering committee, Regulator, Industry) on Ind AS 117
(iv) Quarterly update to Audit committee/Board on Ind AS 117 progress
(v) Finalization of system for Ind AS 117 and ensure successful implementation of system
Financial Reporting (I GAAP and Ind AS) - Monthly/Quarterly preparation of financial statements, monthly review with CFO and quarterly update to Audit Committee
SEBI reporting - Submission of quarterly audited results with Stock exchange and ensure timely compliances with SEBI regulations. Co-ordinate with Debenture trustee and provide the requisite details as and when required
Group reporting- Co-ordinate with promoters and provide the requisite details as and when required
Audit Committee/Board Deliverables - Ensure timely submission of Audit committee/Board deliverables, review of policies approved by Audit Committee/Board and closure of ATRs
Quarterly/Annual Audits- Managing Statutory audits, Internal audits including ICFR
Compliances - Ensuring compliances with Accounting Standards, Companies Act, IRDAI and SEBI regulations
Project Management - Planning and overseeing projects to ensure they are completed in a timely manner and within budget
System Enhancements - Testing of system requirements, evaluate new requirements and providing CRs to IT, liase with IT for resolution of defects and delivery
DESIRED COMPETENCES/QUALIFICATIONS:
- Chartered Accountant
- Minimum 12-15 years of relevant experience post qualification
- Life Insurance experience in Financial Reporting
- Good knowledge of I GAAP, IND AS, Accounting practices and standards, SEBI and IRDAI regulations
- Project management experience - Successfully implemented various significant projects at organization level
- Team handling - managing larger teams
Desired Candidate Profile
Perks and Benefits
Role:BFSI, Investments & Trading - Other
Salary: Not Disclosed by Recruiter
Industry:Insurance
Looking to get Placed? Try our Placement Guarantee Plan
Functional Area:BFSI, Investments & Trading
Role Category:BFSI, Investments & Trading - Other
Employment Type:Full Time, Permanent
Key Skills
Financial Reportinglife insurance
Indian GaapIGAAP
Skills highlighted with ‘‘ are preferred keyskills
Education
PG:CA in Any Specialization
Company Profile
HuQuo Consulting Pvt. Ltd.
Max Life Insurance Company Limited (formerly known as Max New York Life Insurance Company Limited) is a life insurance company in India with a joint venture (JV) between Max India Ltd and Axis Bank The company is a subsidiary of the publicly listed Max Financial Services and is the largest non-bank private-sector life insurer in India. It was founded in 2000 after the liberalization of the insurance sector in India and its operations began in 2001. Analjit Singh, founder of Max Healthcare, is the chairman of Max Life Insurance.[1] Prashant Tripathy is Managing Director and Chief Executive officer, the company is headquartered at New Delhi.
Skills
AuditGAAPAccountingPlanningInsuranceTradingIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Huron is a global professional services firm that collaborates with clients to put possible into practice by creating sound strategies, optimizing operations, accelerating digital transformation, and empowering businesses and their people to own their future. By embracing diverse perspectives, encouraging new ideas, and challenging the status quo, we create sustainable results for the organizations we serve.
Our people and values-driven culture set us apart. Our diverse team of experts come from the industries we serve and understand the complexities of your business. Combined with our strategic, operational, technical and cultural expertise, we collaborate across our businesses to help you imagine the future and transform for tomorrow.
In today’s competitive landscape, organizations are under immense pressure to rethink their business models, lower costs and reduce risk. At the same time, they are having to navigate emerging technologies and create personalized, consumer-centric experiences. To remain competitive in the future, organizations must innovate, ideate and engage their people and consumers in new ways to drive value. As your strategic partner, our teams meet you wherever you are on your transformation journey to develop strategies and innovative solutions, align your workforce with your organizational objectives, leverage technologies and improve operational efficiencies, enabling you to build a strong foundation for sustainable growth.
Together, we help you navigate constant disruption, seize new growth opportunities and enable the continuous transformative change you need to own your future.
Important dates & deadlines?
Application Deadline
22 Nov 22, 12:00 AM IST
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