Deputy Finance Manager
About the Role
As a Deputy Finance Manager at our India Branch in Mumbai, youll be at the intersection offinancial reporting, regulatory compliance, and strategic decision-making. Youll work with cross-functional teams to drive financial excellence and contribute to the organizations growth in theevolving insurance landscape.
Key Responsibilities
Lead financial reporting
processes in compliance with IRDAI regulations, includingpreparation and review of statutory returns such as Solvency and Investment returns
Drive process improvements
by independently and collaboratively creating, modifying, orenhancing financial workflows and methodologies
Strengthen internal controls
that impact financial reporting quality and regulatorycompliance
Implement and monitor
new financial reporting developments including IFRS 17/Ind AS 117and Risk-Based Capital reporting
Analyze regulatory changes
and assess their financial implications for the organization
Facilitate cross-functional collaboration
to ensure smooth delivery and alignment acrossteams
Develop and present
financial insights to stakeholders using advanced analytics tools
About You
Youre a detail-oriented finance professional with strong analytical skills and a collaborativemindset. You thrive in dynamic environments and enjoy solving complex problems. Your excellentcommunication skills enable you to translate financial concepts effectively to various
stakeholders, and youre passionate about staying current with evolving regulatory requirementsin the insurance sector.
We are looking for candidates who meet these requirements:
Professional qualification as a CA, CWA, or CS with any graduate degree
Minimum 5 years of experience in finance functions, preferably within the insuranceindustry (General Insurance/Life Insurance/Reinsurance)
Strong working knowledge of MS Excel and PowerPoint
Experience with accounting, MIS, management reporting, financial reporting, and financialplanning & analysis
Demonstrated understanding of insurance financials under IRDAI regulations, includinghands-on familiarity with statutory returns
Knowledge of IFRS 17/Ind AS 117 implementation
Familiarity with Risk-Based Capital (RBC) reporting as prescribed by IRDAI
These are additional nice to haves:
Experience with AI-based tools for financial analysis, automation, and data interpretation
Experience in process improvement initiatives
Background in strengthening Internal Financial Controls (IFC)
Our company has a hybrid work model where the expectation is that you will be in the office atleast three days per week