Trainee accountant

Trainee accountant

AXA XL

AXA XL

Gurgaon, Haryana, India

Experience :

Not Specified

Closes on :

Jul 26, 2024

Job Description

Job Description

Job Title: Finance Close Team Member

Introduction:

We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients' potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.

Team Overview:

The Finance Close team provides accounting support to various AXA XL legal entities based out of the Americas, UK, and Eurasia. The key activities involve analysis of the Balance Sheet and Profit & Loss including ratio analysis, preparation of balance sheet reconciliations along with commentaries, booking of various technical manual adjustments to incorporate entity level changes in GL, preparation of ceding treaty accruals, and reconciliations for US and Europe geographies.

Essential Responsibilities:

- Drive the Quarterly Income Statement and Balance Sheet, and monthly/quarterly reconciliations which include but are not limited to Balance Sheet and P&L reconciliations.

- Book manual adjustments to incorporate legal entity, operating units, and other chart field level restructuring/changes in General Ledger.

- Manage the BAU deliverables related to accounting/reporting of group treaties (Gross, Net Property QS, Internal group treaties - IGR, others).

- Provide support on IFRS 17 Financial Close & reporting and analysis activities for the Life Re segment.

- Analyze trends and support management in quarterly close and reporting processes.

- Maintain effective communication with onshore (both written and verbal) and leadership expectations.

- Prepare analysis/reports and reconciliations on various ad-hoc requests as needed.

- Assist the Controllership team with quarter-end close activities and manage ad-hoc requests.

- Assist in managing requests from both internal and external auditors and the internal financial controls team to provide requested documentation, general ledger balances, and other ad-hoc requests from auditors.

- Identify process improvements and make recommendations to streamline the process.

Reporting:

You will report to the Manager.

Required Skills and Abilities:

- CA with relevant years of post-qualification experience in accounting and financial reporting.

- Work experience and knowledge in the R2R domain will be preferred.

- Effective communication & interpersonal skills to work effectively with internal/external teams across the globe.

Desired Skills and Abilities:

- Intermediate IT skills (MS Excel, MS Access, Word).

- Organized, methodical, and able to deal effectively with multiple priorities and multitasking.

- Candidates with insurance Industry experience would be preferred.

Company Overview:

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals, we don't just provide re/insurance; we reinvent it by combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace.

Inclusion & Diversity:

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. We strive to attract, develop, advance and retain the most diverse workforce possible, creating an inclusive culture where everyone can reach their highest potential.

Sustainability:

At AXA XL, Sustainability is integral to our business strategy. Our 2023-26 Sustainability strategy, "Roots of Resilience," focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. Our initiatives, like AXA Hearts in Action, volunteering, and charitable giving programs, further our commitment to sustainability and community support.

For more information, please see axaxl.com/sustainability.

AXA XL is an Equal Opportunity Employer.

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