Assistant Manager - Finance and Accounting (Investment Accounting)
Kpmg India Services Llp
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Assistant Manager - Finance and Accounting (Investment Accounting)
Kpmg India Services Llp
Bengaluru/Bangalore
Not disclosed
Job Details
Job Description
Assistant Manager- Managed Services Finance and Accounting (Investment Accounting)
The position in discussion is with the Managed Services team, part of our Consulting team.
The KPMG Global Services (KGS) Consulting team is a diverse team of more than 6,400 professionals. We provide consulting services to KPMG Firms worldwide to support clients’ business transformation journeys across various industries. With capabilities such as Technology Enablement, Corporate Services, Customer and Operations, Cross Functional Services, Risk Services and Managed Services, our team is a varied mix of professionals with extensive skills and expertise.
Through your work, you’ll build a global network and unlock opportunities that you may not have thought possible with access to great support, vast resources, and an inclusive, supportive environment to help you reach your full potential.
As a firm, we are deeply committed to diversity, inclusion and equity at our workplace. We offer a safe and inclusive environment built on trust, where all our colleagues can bring their authentic selves to work and know that their uniqueness is valued.
We prohibit unfair treatment of applicants and employees and discrimination on any ground, including but not limited to, caste, religion, color, ancestry, marital status, medical condition, sex, gender identity and/or expression, sexual orientation, age, nationality, cultural origin, family or parental status, defense veterans, physical, mental or sensory disability or any other status or characteristic protected by applicable Indian laws and regulations.
Assistant Manager – leads the preparation, review, and submission of quarterly/annual statutory financial statements (Blue/Yellow Books) and RBC filings for insurance companies, ensuring compliance with NAIC Accounting Practices and Procedures. Will be expected to deliver against targets for both productivity and quality, managing your own pipeline and taking onboard feedback from oversight who are responsible for service delivery
—Regulatory Reporting: Prepare and review NAIC statutory financial statements, including quarterly/annual statements, RBC filings, and supplemental schedules.—Compliance & Technical Accounting: Ensure compliance with NAIC Accounting Practices and Procedures Manual, state-specific requirements, and monitor regulatory changes.—Audit & Review: Collaborate with external auditors and state insurance departments to respond to inquiries and resolve issues.—Process Improvement: Streamline reporting processes, maintain documentation of GAAP-to-STAT adjustments, and improve data validation.—Compliance & Audits: Ensuring compliance with local, state, and international accounting standards and supporting internal/external audits—Operational excellence – Enable culture of continuous improvement through brainstorming and harnessing new ideas and solutions, evaluate opportunities for improvement and apply industry best practices and benchmarks and plan for contingencies and on-time delivery—Audit Support: Serving as the primary point of contact for internal and external auditors during financial reviewsEducational qualifications
•Professional certifications like CA, CPA, or CMAWork experience
Min 5-7 yrs in an operational environment
Mandatory technical & functional skills
•Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel, with experience in statutory reporting software.•In-depth understanding of NAIC reporting schedules, statutory accounting principles, and insurance products (P&C, L&H)•Strong command and ease of business English (spoken and written), native preferred•Insurance, Banking and Asset Mgt experience•Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.•Strong presentation skills and ability to engage senior stakeholders•High attention to detail, strong analytical skills, and ability to meet strict deadlines. .Key behavioral attributes/requirements
•Analytical and problem-solving skills and the ability to use information to generate creative solutions to benefit the business. Ability to be customer focused and drive results.•Ability to lead the team and developing others.•Presentation and Project Management skills. Focus on results-led management.
Experience Level
Mid LevelJob role
Work location
Bangalore, Karnataka, India
Department
Finance & Accounting
Role / Category
Accounting & Taxation
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 5 years
About company
Name
Kpmg India Services Llp
Job posted by Kpmg India Services Llp
Apply on company website