Process Lead - IFRS AND SIIP3 Jobs in Pune - AXA Business Services Pvt. Ltd.
Job Description
Process Lead - IFRS AND SIIP3
Education and experience:
- Commerce post graduate
- Strong accounting knowledge
- Experience in regulatory reporting
- Understanding of general requirements under SII across all work streams and interactions between these departments
- Life and/or General Insurance Industry experience, either as part of a Financial Services Institution, in an advisory or business consulting capacity to similar organizations or in the regulation of such institutions
- Fluency in English - speaking, reading and writing
- Other European languages are an advantage
Key responsibilities:
- Project Management and Consultancy Project experience is a must.
- Deliver all tasks as per the calendar with no material errors and with appropriate controls.
- Work within a multi-disciplinary team to deliver an end to end solution for the Solvency II reporting.
- Prepare and Post Quarter End Adjustment entries and control the same.
- Perform Various Reconciliation (System / Account )
- Documenting reporting process design.
- IFRS Quarterly closing controls for reporting: Magnitude consistency checks
- Automation and population on Magnitude IFRS disclosure schedules
- Management of calendar and reminder on Magnitude specific tasks, Pillar 3 and IFRS.
- Working on reporting solutions, including spreadsheets, journal uploads and reports
- Working on financial controls.
- Testing of reporting systems and processes
- Documenting process flows, identifying risks and controls and designing process sign-off
- Deliver in accordance with agreed key performance metrics of turnaround time, quality, productivity etc
Key skills:
- Expert knowledge of Magnitude, Excel Magnitude, SAP AFO (Excel version of BO), IRIS, Invoke.
- Good knowledge of mapping rules between the systems mentioned above.
- Life and/or General Insurance Industry experience, either as part of a Financial Services Institution, in an advisory or business consulting capacity to similar organizations or in the regulation of such institutions
- Accounting knowledge, including business planning, risk based performance measurement and strategic decision
- Knowledge of insurance business P+C and life, Insurance Asset class
- Understanding in SAP ERP and SAP asset management solutions (Closing, Processes, Interfaces, BW)
- Knowledge in consolidation and AXA magnitude solutions is must.
- Basics in Microsoft SharePoint and in MS BI solution
- Knowledge of financial shared processes within AXA, Sign Off.
- Ability to support transfer of technical knowledge to team
- Ability to identify and drive process improvements
- Good documentation skills
- Strong understanding of basic fundamentals of accounting essential
- Good logical, analytical and problem solving abilities
- Attention to detail and accuracy
- Good interpersonal skills and strong client focus
- Ability to communicate clearly, concisely and effectively
- Ability to handle process escalations, identify issues and risks and propose resolution
- Ability to multi-task and prioritize work
- Ability to work harmoniously as part of a team
Location: Pune, Maharashtra
Job Particulars
Role others
Who can apply Freshers and Experienced (0 to 1 Years )
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id643898
Job Category Others
Locality Address
State Maharashtra
Country India
About Company
We see ourselves as change agents for radical innovations spanning big data, risk modeling, robotic automation, process and people transformation. Our employees are at the heart of our business and together we move forward in a culture of trust, such that our employees are in charge of the future. We are driven by our values, motivated by the desire to win, and bond as one large global team to quickly adapt to changing market dynamics. We are extremely proud of our roots and at the same time we are completely free to write out our future.
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