M.Com/MBA in Accounting or Finance from a reputed public university.Qualified Chartered Accountant (ACA/FCA) is mandatory.Minimum 5 years of experience in the audit department of a life insurance company.
Other Requirement
:
Must have proven experience in the life insurance industry.
At least 5 years of experience in a senior audit role.
Experience
:
At least 10 years
Responsibilities
:
Control Audit:
Preparation of audit plan and Design audit program for every assignment based on plan.
Review effectiveness and efficiency of internal control system and implement corrective action.
Manage a team of auditors and review their works and providing guideline.
Department-wise process review and gap analysis
Any other task assigned by the top management
Budget & Budgetary Control:
Preparation of Monthly & Yearly budget so that the company can control expenses.
Monitoring & controlling the budget as if company spends does not exceed the amount make by budget.
Budget variance with actual expenses at the month & year end.
Analysis the budget variance to find out the reason for variance.
Compliance of Book Keeping System with Standards:
Managing and overseeing the daily operations of the Accounts & Finance department.
Monitoring and analyzing accounting data and produce financial reports or statements.
Establishing and enforcing pr
oper accounting methods, policies and principles.
Ensure of compliance of book keeping system with standard to enforce transparency in organizations.
Provide accurate/ reliable information about its accounts to shareholders/ management or to regulatory authorities.
Keeping records, verifying, and reporting the value of a company's assets, liabilities, debts, revenue and expenses.
Fund Management activities.
Bank-related activities.
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