Assistant Vice President – Financial Accounting

M&G

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 6 hours ago
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc’s ambition to be the best loved and most successful savings and investments company in the world.Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
  • Production of the monthly financial Statements ensuring that completeness and the accuracy of the leger
  • Analytical review of financials and ledger reconciliations
  • Review of month end capital adequacy for regulated entities and ensuring that the entities are adequately capitalised at all times
  • Review of reporting under IFRS and associated workbooks for submission to M&G Group Head Office and ensuring any reporting and disclosure requirements are met.
  • Production of Solvency II reporting for submission to M&G Group Head Office.
  • Liaising with the third-party accountants/data providers for various reporting requirements.
  • Review of Annual Report and Accounts – ensure that the accounts are prepared in line with the reporting requirements
  • Liaise with the external auditors, ensuring that timescales are communicated and agreed and the auditors’ requirements are met to ensure timely completion of their work
  • Review of Board packs and dashboards for Operational and Executive Committees
  • Ensure compliance with current accounting standards, IFRS, SOX and Group Head Office procedures to demonstrate a solid financial control regime
  • Support the implementation of new accounting standards and contribute to the delivery of other finance change projects supporting programmes with detailed accounting requirements and impact analysis
  • Review and development of processes and procedures to accommodate business changes.
  • Supporting continuous improvement through routine and bespoke analyses
  • Plan and schedule work to meet deliverable time lines
  • Maintain effective working relationships with other teams across M&G Finance, ensuring that Group reporting needs are communicated, understood and met
  • Work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customer outcomes
  • Identify training and development needs of team members and co-ordinate with L&D
  • Design and implement early warning system to prevent/control attrition
  • Demonstrate a positive risk, compliance and control culture through the identification, assessment, monitoring and management of risks and issues within the business area, alongside ensuring timely and appropriate resolution of control weaknesses, actions and failures that arise
  • Be accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise for interpretation and implementation of accounting standards and business requirements
  • Apply judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for accounting and reporting needs and requirements
  • Manages conflicts that may impact delivery of monthly reports, reporting to Group, Regulatory Returns and Annual Report &Accounts
  • Identity and anticipates need for changes to continuously improve quality and efficiency of output
Be accountable for managing and motivating others to ensure quality of deliveryWe have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

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