Assistant Manager

The processes involve accounting & reporting work for Insurance domain, ensuring timely and accurate delivery of Investment reporting and accounting, GAAP/STAT reporting, disclosures, filings, period end close, JE’s, surveys etc. as per defined close calendar. Must have good accounting/reporting and communication skills and knowledge of Investment products.

Graduate in Accounting/Finance or MBA Finance or CA (Inter) 4-6 years of experience in Investments

Responsible for timely and accurate delivery Investment reporting and accounting disclosures, schedules, footnotes, disclosures, filings, surveys, reconciliations, etc.

Responsible for handling critical and big entities across reporting, accounting, period end close and other tasks.

Ownership of processes, reports, procedures, and BAU activities. Subject Matter Expert in Financial reporting, period end close accounting, Investment reporting, notes and other regulatory disclosures etc 

Should have good understanding of Investment accounting concepts and reporting for e.g. statements, Schedule D, B, other exhibits, LP’s, etc. Insurance accounting and reporting experience/knowledge preferred.

Prepare monthly and quarterly journal entries related to cash, accruals, expenses, incentive fees, Management fees, Distribution and contribution, reclass entries, etc.
Preparing of journal entries related to payroll, Bonus, Tax, Assignment allowances etc., Audit Fee, Tax Fee, Loan Interest Schedule & Ad hoc entries, Cost plus (Payables)
Depreciation and amortization schedule run and booking of entries
Perform quarterly GAAP and STAT reconciliations
Preparing Financial consolidation entries based on 3rd party financial statements
Intercompany elimination and liaising with various business units to resolve the breaks
Intercompany billing and settlement of Affiliates
Mass allocation and NCA allocation
Support quarterly/annual audits by internal auditors, as well as, independent external auditors