Inviting applications for the role of Manager, GAAP Accounting
Implements appropriate regulatory and GAAP accounting treatment for investments and investment related accounts. Accounts, analyzes, reports, and presents assets held for investment which may include foreign investments, mortgage loans, limited partnerships, cash equivalents, investment income, securities lending, reverse repos, repos, and other investment related information.
Investment accounting & reporting for insurance entities in scope and Working on complex derivative instruments, netting
Performs and review accounting functions, and maintains and prepares month-end, quarter-end and annual reports (GAAP &
STAT) for assigned asset and investment accounting areas
Preparation and review of Balance sheet, P&L and Cash reconciliations for Investment accounting entities and Impairment processing as per US and European GAAP
Posting and review of Manual Journals for investment products such as equities, Bonds, derivatives
Monthly / Quarterly / Annual reporting- Statutory and Regulatory and Working on tools like SAP, Bloomberg, Business objects (BO) etc.
Regular communication with onshore counterpart via e-mail, instant messenger and telephonic calls and mentoring team members, process associates and carries out operational improvement initiatives in the investment accounting area
All deliverables to be met at 100% SLA (both quality and timeliness)- SLA Governance and Ensure 100% compliance and deadlines
Monthly accruals for interest, market value and premium / discount amortization and daily journal entries for Investment purchase, sale and cash management
Qualification we seek in you
Bachelor s Degree in Accounting / Finance or equivalent related work experience
MBA Finance or CPA or CA
Preferred Skill Set
Experience in Investment Accounting