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Experience: 4 - 7 Years | Salary: Not Disclosed by Recruiter | Opening(s): 1 | Posted Date : 2017-05-30

Hiring For	A Reputed Client of GlobalHunt
Designation	Head/VP/GM-Accounts
Job Description	Lead transition of responsibilities for L&H Accounting & Reporting team; challenge team to achieve a high performance level Developing and maintaining reports for account reconciliations, financial analysis and reporting Preparing quarterly account reconciliations and analysis for any assigned accounts Monitoring and reconciling interfaces from administration systems into the sub-ledger Monitoring and reconciling sub-ledger interfaces in the Oracle general ledger Developing and maintaining reports for various assigned clients, including any related intercompany retrocession.Ensuring that all reporting requirements are met in accordance with treaty terms Working with clients and resolving accounting and administration issues Monitoring accounts to ensure that all cash receipts are processed, policy exhibits allocated, and outstanding balances verified within defined key performance metrics Preparing monthly activity and quarterly journal entries and external reports, ensuring completeness and accuracy For each financial reporting period, review and analyze variances between actual cash received and system generated accruals, making any necessary adjustments; also analyze financial data and compare to expected financial projections, concentrating on major variances and treaty profitability Responsible for the preliminary review of all revenue accruals by account Analyzing and providing explanations for financial results for US Life & Health business on US GAAP and US Statutory bases, including investigation of unusual variances and obtaining appropriate analytical support Willingness to challenge status quo processes and desire to implement process improvements Assumption of additional projected-related responsibilities as well as ad-hoc requests from internal clients Fostering an environment of high collaboration and communication Continuous coaching (formal / informal) across teams Performs peer-to-peer coaching as appropriate Responsible for day-to-day execution of control structure, challenging team members for ongoing enhancements to control structure An eagerness to identify new ways to streamline and automate processes to improve efficiency and quality of deliverables Additional tasks and responsibilities will include the following: Ensuring successful/timely completion of monthly/quarterly close duties by self, and the local team First-level review of Bangalore daily/monthly work product Performing critical self-review of daily/monthly work product Focus on teamwork taking on additional duties during peak times Building and maintaining relationships with key internal clients Preparation of certain internal client/regulatory deliverables Assisting in the completion of ad-hoc projects/queries Administration of long-term team projects, including period reporting to both local Bangalore and Americas management Continual training and mentoring of staff
Desired Profile	Graduate / Post graduate in Accounting or Finance (MBA), with 5-7+ years Accounting and Audit experience, of which, 2 years in managerial capacity Strong preference for a CPA/CA equivalent Prefer candidates that possess experience in working with US companies and are familiar with US business practices and culture Expert knowledge regarding US GAAP and operations experience Insurance accounting experience is a plus Knowledge of insurance and reinsurance products and features is a preferred Ability to work in a highly collaborative team environment Strong desire to learn and develop, receptive to coaching (both positive and critical) Demonstrated leadership characteristics Strong relationship building skill set Eager to learn and take additional insurance / reinsurance training programs (e.g., LOMA) Strong analytical skills Strong technical PC skills, including MS Word, Excel (Pivot tables and macros), Powerpoint, Access and Business Objects Self-starter, good written/verbal communication skills Fluent in English
Industry	Insurance
Functional Area	Accounts, Finance, Tax, Company Secretary, Audit
Skills	Accounting, Finance, Financial Reporting, US GAAP, Financial Projections
Education	UG -B.Com - Commerce PG - CA, MBA/PGDM - Any Specialization, Finance
Location	Bengaluru
Contact	HR
Call on	91-11-46547700
Email	jobs@globalhunt.in
Reference id	GH\BFSI\AVP - L&H\ JC//24052017//69131

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