• Assistant Manager - Finance Jobs in Gurgaon,India - 25317735

  • MAX LIFE INSURANCE - KHUSHIYON KI PLANNING
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  • 2 - 4 Years
  • Posted : above 1 month

Job Description:

Job Code MLI9853 Job Title Assistant Manager - Finance (Distribution Compensation)

Experience 2 - 4 Location India>Haryana>Gurugram -90A

Functional Area Role Branch Mgr

Career Opportunities

Position Assistant Manager Finance

No of Positions 1

Department Finance

Function

Reporting to Sukhdarshan Sidhu

Band

5B

Location HO 90A

Last date of submission

Till the vacancy get filled

JOB SUMMARY

Responsible for Insurance commission disbursement, accounting and month end provisions, reinsurance accounting and settlement

Key Responsibilities Insurance commission disbursement

o Perform reconciliation between Ledger and Reports

o Monitoring commission disbursement and post disbursement activities

o Preparation of month end schedules

o Reconciliation and analysis of variances

o Preparing and publishing of dashboards

o Financial accounting through journal vouchers

Reinsurance administration and settlement

o Ensure correct accounting and reconciliation of reinsurance premium and claims

o Prepare reinsurance payable and recoverable schedules

o Reinsurance related reporting

o Coordination with Reinsurers for settlement

o Passing payment, tax related entries in system

Compliance and Audit

o Handling Statutory, Internal and IRDAI Audits

o Closure of audit queries and ensure submission of audit data within defined timelines

Measure of Success

o Accuracy in payouts

o Adherence to defined timeliness

o Quality (especially Accuracy) and effectiveness of MIS / Reports

o Continuous improvements in the MIS and processes for improved TATs

o Timely response to internal/external queries

o Exception handling with proper facts finding

o Supervisor Feedback



MINIMUM EDUCATION

o MBA/PGDBA/Graduate in Commerce

MINIMUM/SPECIFIC EXPERIENCE

o 24 years experience in similar profile Accounts Payable, General ledger, Reconciliation, MIS/reporting

KNOWLEDGE/SKILLS/ABILITIES

o Good command over Oracle

o Knowledge of Insurance Business

o Good Communication skills

o High on MS Excel

o Proficient in accounting and reconciliation

o Basic GST and TDS knowledge

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Others - other Industry
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Other Accounting
Salary : As per Industry Standards
Deadline : 03rd Jun 2020

Key Skills:

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