Job Title
Assistant Manager – Insurance Accounting & Reporting, Gurgaon
Job Description
Skills Required
People skills
Analytical review / problem solving skills
Accounting skills
External relationship management skills
Assistant Manager – Insurance Accounting & Reporting, Gurgaon
Job Description
- Review of Journal Entries, consolidation of financial / non-financial management information for a highly complex set of insurance businesses.
- Review of P&L and balance Sheet Schedules
- Produce and analyze ad hoc management information to exacting timescales for executive management across HK Insurance
- Extensive knowledge of Claims Accounting, Settlement Accounting
- Hands on experience on period end close process – Accrual analysis, True up/down computations
- Hedge Accounting
- Analytical review : Ensure that all material variances have been identified and explained in business terms
- Review of Management Accounts and their respective interpretation
- Ensure completeness of Journal Entries, reporting packs etc.
- Ensure the data is timely and accurate, and reconciles to the financial accounts.
- Strong engagement with Business Partners.
- Put Governance in place for more engagement.
- Ensure compliance with HSBC standards and Statutory requirements
- Has strong technical understanding of accounting principles and demonstrated competence in their application
- SOX Applications and testing Methodology
- Has strong knowledge of insurance / pension products
- Experience of working with Insurance Business with good track record / leading MNC/ corporate / insurance organizations.
Skills Required
People skills
- Ability and experience of managing small teams
- Good communication and interpersonal skills
Analytical review / problem solving skills
- Ability to interpret data to be presented to manager and possess strong lateral thinking / analytical review skills
- Good judgment and reasoning skills
- Good time management and problem solving skills
- Able to analyze forecast and actuals trends and accurately evaluate their impact with business commentaries
- Detailed conscious oriented
- Ability to do secondary reviews and understand queries raised by business and resolve them in a timely manner
Accounting skills
- In-depth functional experience in accounting for all balance sheet / income statement heads
- Experience in consolidation of financial data, produce reports (external & MI)
- Good knowledge of insurance/pension products, relevant laws and regulations and their reporting cycles
- Familiar with operating system & strong PC skills
- Knowledge of technical accounting concepts such as fair value accounting, goodwill impairment etc preferred
External relationship management skills
- Able to make operational efficiency improvement suggestions
- Able to work effectively with different teams
- Ability and experience of managing customer relationships/ service delivery
- Experience of interfacing with external auditors preferred
- Hands on Experience using MS Office applications
- Qualified Accountant (Chartered Accountant, MBA, ACCA or CIMA)
- Accounting / Finance Graduate / post graduate / diploma holder
- Qualified Accountant (Chartered Accountant, MBA, ACCA or CIMA): 2-7 years
- Accounting / Finance Graduate / post graduate / diploma holder: 3 - 8 years
- Extensive knowledge of Claims Accounting, Settlement Accounting
- Hands on experience on period end close process – Accrual analysis, True up/down computations
MS office skills
Business Area/Department
Global Finance Centre
Academic Qualifications
Years of Experience
Type of Experience
Type of Opening
Full Time
Location
Gurgaon, India
Global Service Delivery in India is represented by HSBC Electronic Data Processing (India) Limited (HDPI). It comprises 9 Group Service Centres located at Hyderabad, Bangalore, Kolkata, Vizag, Mumbai, Chennai and Gurgaon (NCR). The first Group Service Centre was established in Hyderabad in 2000.

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