• Management Trainee , Financial Reporting Jobs in Gurgaon,India

  • XL Catlin

Job Description:

DISCOVER your opportunity

Finance Close team provides accounting support to various AXA XL legal entities based out of Bermuda, UK and US The key activities of the team involve analysis of Balance Sheet and Profit & Loss including ratio analysis, preparation of balance sheet reconciliations along with commentaries, booking of manual adjustments to incorporate new treaties, booking of manual adjustment to incorporate entity level changes in GL, preparation of internal ceding treaties reconciliations for US and Europe geography, booking of manual adjustments to correct ceding percentage changes, booking of post close cash adjustment journals, etc

What will your essential responsibilities include

Preparation of balance sheet reconciliations such as Receivable/Payable, Losses, Unearned premium and Deferred acquisition cost

Balance sheet & Profit and Loss analysis including Ratio analysis, Policy level analysis, Management data & analysis, commentaries etc

Booking of manual adjustment to incorporate new internal and external re-insurance treaties at group level

Booking of manual adjustment to incorporate legal entity, operating units and other chart fields level restructuring / changes in General Ledger

Preparation of internal ceding treaties reconciliations on monthly & Quarterly basis for US and Europe Legal entities

Booking of manual adjustment to correct ceding percentage changes, Statutory to General ledger reclasses on quarterly basis in Oracle General Ledger

Booking of Post Close Cash Adjustments journals (Including internal / external ceding treaties adjustments) to account for cash transactions that take place after underwriting source systems close to reconcile the bank accounts on quarterly basis in Oracle General Ledger

Liaise with onshore stakeholder in the Identification & investigation of any exceptions in reconciliations

Identify process improvements and make recommendations to streamline the process

Assist in quarterly close & reporting process and ensure FIC compliances

SHARE your talent

CA with at least 1-2 years of post-qualification experience in accounting and financial reporting
Strong communication & interpersonal skills to work effectively with internal/external teams across the globe
Intermediate IT skills (MS Excel, MS Access, SQL, VBA, Word)
Strong analytical and problem solving skills
Organized, methodical, able to deal effectively with multiple priorities and do multitasking
Candidates with insurance Industry would be preferred

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Other Accounting
Salary : As per Industry Standards
Deadline : 15th Mar 2020

Key Skills:

Company Profile:

Company
XL Catlinarfix

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