Posted 12 June, 2026

Financial Reporting & Technical Accounting

IndiaFirst Life

Goregaon, CT, IN Full Time

Reference: d73cfa24a58f395f

Financial Reporting:
Financial Reporting as per IGAAP and Analysis of the Entity.
Ind AS Financial Reporting (as per Ind AS 117).
Regular reporting to Shareholders and Regulator and response to queries raised.
Timely closure of audit of CAG, Statutory Audit, Regulatory Audit and data submission as per audit requirements and closure of audit observations, if any.
Supervise maintenance of books of account and ensure adherence to system & controls relating to GL, Account Payable, fixed assets and depreciation accounting, investment back-office accounting through reconciliation and review.
Detailed Analysis of data and provide necessary inputs to team leader.
Manage accounts of Gratuity Trust and Superannuation Trust and its Audit.
Oversee allocation of operating Expenses to various business segments/products as per agreed parameters of allocation policy and reviewing the allocation policy every year.

Technical Accounting:
Benefit Paid, Premium, Reinsurance, Unclaimed Suspense and all item related to Policy Admin System. Thorough checking of all the data-built controls.
Compliance of regulation related to above transactions.
Timely and correct filing of regulatory & Life Council report before due date.
Carry out user acceptance testing (UAT) in core policy admin system and ensure proper controls for financial transactions & provide timely sign off.
Quarterly and Yearly basis coordinate with Statuary Audit and explain the process and resolve the query. Also ensure smooth closure of financial.
Detailed Analysis of data and provide necessary inputs to team leader.
Suggestion and proper guidance to team and other department as and when required in case of new product UAT and existing system functionality.
Proper recording of various Journal Voucher of all exceptional cases after checking with regulations and after obtaining approval.
Supervision of Distribution Commission Payout.
Reinsurance Accounting, reconciliations, preparation of payable/receivable aging, ensure timely payment to reinsurer and payout reconciliations.