Lead Assistant Manager

Job Description: 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.

This position requires to perform monthly and quarterly accounting by recording the journal entries related to Investment products and also perform GAAP and STAT reconciliations

Responsibilities: 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

Qualifications: Graduate in Accounting/finance or MBA Finance or CA (Inter) with 6+ years of experience in Investments accounting or reporting