Kotak Life Insurance—Chief Manager - Finance - Mumbai (Goregaon East)

Job description

Description: Job Profile For Regulatory Return Role: Finance and Accounts Lead Designation: Chief Manager/Senior Manager Department: Finance Location: Goregoan East Education: Qualifed CA Experience: 6 Years Position Overview We are seeking an analytical, Finance & Accounts professional with expertise in the Insurance industry. The ideal candidate will oversee Financial reporting, Disclosures, Controlling functions, Analytical, regulatory compliances, cross-functional automation projects. This role requires a strong blend of accounting current IGAAP regulations. Exposure to IFRS accounting would be an advantage. Knowledge sharp analytical capabilities, and excellent stakeholder management skills to lead teams and interact confidently with senior management, auditors, and cross department. Key Responsibilities Financial Reporting, Accounting & Analysis · Drive the monthly, quarterly, and annual closure of books of accounts. Ensure deep understanding and preparation of financials and detailed notes to accounts. - Prepare robust variance analysis, financial ratios, and management information for review by the Audit Committee of the Board (ACB) and the Board of Directors. - Contribute to Accounting controls and analysis - Comprehensive understanding of life insurance accounting, IRDAI financial regulations, IGAAP, IFRS reporting framework 2. Regulatory Returns & Compliance Reporting - Prepare and review critical regulatory filings including F&A BAP returns, Website Public Disclosures, Listed Entity formats, FC Returns, Return of Subsidiaries, and MSME Form-1. Efficiently manage urgent and ad-hoc data requirements from the IRDAI, as well as taxation authorities (Direct Tax, GST, PT). 3. Strategic Projects, Competition Analysis & Process Automation - Drive strategic initiatives within the CFO function and collaborate on high-impact, cross-functional projects across multiple departments. - Critically evaluate the financial statements, notes to accounts , and management reports of peer life insurance companies. - Map out and benchmark key performance metrics, disclosure practices, and operational strategies against industry leaders. - Manage the end-to-end compilation, editing, and presentation of the company’s Annual Reports and strategic management disclosures. - Implement modern automation tools and technologies within the financial reporting ecosystem to minimize manual effort, eradicate errors, and compress closing timelines.