Financial Accountant

Munich Re - München - 12-06-2020 zur Vakanz  

To ensure proper accounting in line with local Gap and IFRS, preparation of periodic annual financial summaries and ensure all financial regulatory compliance.

Your job

Preparation of Financial Statements under Indian GAAP, IFRS

  • Preparation of Financial Statements in the format and as per the regulations prescribed by IRDAI & in line with the Accounting Statements issued by ICAI
  • Identifying differences between Indian GAAP & IFRS and preparation of financials as per IFRS for group company reporting
  • Obtaining unqualified statutory audit report
  • Supporting internal audits of accounting processes to ensure highest operating effectiveness ratings. Setting up an internal control framework for the organisation
  • Ensuring timely resolution of management points

Vendor & Employee payments

Ensuring timely payment to vendors and employees
  • Ensuring payments are adequately supported and in accordance with Company policy
  • Preparing bank reconciliation statements and ensuring reconciling items are dealt promptly
  • Documentation of accounts close process and compliance with same
  • Compliance with Munich guidelines and Indian Companies Act

Internal reporting

  • Assisting in providing high quality internal monthly and quarterly reports to senior management with expense analysis

Compliance with Tax regulations – withholding tax, remittance and filing Returns

  • Ensuring GST and Income Tax compliance measured by timely and accurate filing of all Tax returns (except payroll withholding tax).
  • Following up on tax assessments and prompt response to tax notices and following up on refunds
  • Ensuring compliance with the withholding tax obligations while making payments to vendors

Manage cash flows

  • Ensuring idle funds are invested in safe bank deposits on a timely basis
  • Ensuring also sufficient funds are maintained to support cheques issued

Data storage for business continuity

  • Ensuring all key documents and supporting proofs are properly archived (soft copies as well)

Company law compliance

  • Supporting maintenance of board minutes
  • Ensuring timely filing of Annual returns as per provisions of Companies Act
Your profile

Education & Experience

  • Chartered Accountant (up to 2nd attempt) with 2-3 years of post-qualification experience
  • Relevant experience in accounting and finalisation of accounts
  • Working knowledge on Indian GAAP & IFRS
  • Experience of Financial sector industry would be preferred
  • Hands on Power Bi knowledge
  • Good Communication & Presentation Skills
  • Ability to work in a team & take ownership of their work
  • Should have an eye for detail and emphasize on accuracy
About us
Find out
Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.

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zur Vakanz

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