Assistant Manager

Job Description

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• Minimum 3+ years of experience in Finance & Accounting (F&A) operations.
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• Hands-on experience in Record to Report (R2R), General Ledger (GL) Close, and Balance Sheet Reconciliation.
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• Strong experience in Insurance Accounting and London Market Insurance financial processes.
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• Advanced proficiency in MS Excel and finance-related applications.
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• Good understanding of Lloyd’s of London work structure and insurance operations.
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• Ability to manage teams, collaborate with clients, and provide business insights.
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• Experience in driving process improvements and transformation initiatives.
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• Strong knowledge of SLA/KPI management and client audit compliance.
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• Experience in handling month-end, quarter-end, and year-end financial close activities.
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Insurance Accounting Responsibilities:

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• Record and manage premium income (Written, Earned, Unearned Premium).
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• Record and monitor claims expenses (Paid Claims, Case Reserves, IBNR).
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• Process reinsurance transactions (Ceded Premiums, Recoverables).
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• Ensure accurate Chart of Accounts (COA) mapping from source systems.
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• Maintain and reconcile sub-ledgers with the General Ledger.
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Period-End Close Activities:

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• Perform month-end, quarter-end, and year-end close activities.
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• Post accruals, deferrals, and adjustment journal entries.
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• Review and validate trial balances and investigate variances.
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• Ensure timely completion of close activities as per the close calendar.
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Qualification:

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• Finance Graduate
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