Job Description

PositionSenior ManagerIncumbentTBHDepartmentFinanceFunctionFinanceReporting toChief Manager - FinanceBand4ALocationGurgaonTeam size (D/I)Upto 2JOB SUMMARY

• Manage Bank relationship and reconciliation process
• Projects and Automation
• Managing Audits, Compliances & Banking Reporting

KEY RESPONSIBILITIESBank Relationship management & reconciliation

• Engagement with top banks for Industry Benchmarking & Best practices
• Banking agreement management
• Review of all Bank A/c reconciliation & ensure closure of open items

Projects and Automation agendaDriving Organizational impacting Projects around:

• Insta payouts to Individual & Group Policyholders
• Real time bank integration
• Implementation cross functional Six Sigma Quality Projects
• Cost Savings

Audits, Inspection & Reporting

• Monthly closing & accounting, Quarterly/annual Stat Audit without any observation
• Building adequate checks and controls ensuring no signification observations from Internal Audits conducted around payment processes
• Dealing with IRDA Audits, Compliances & reporting of data, reports etc. with aim to have Nil observation

People Agenda & Stakeholder Management

• Lead consistent engagement with stakeholders including Internal (All department heads & teams, GOs) and External
• Lead the team with high motivation level and enabling interventions to build it to serve the Policyholders and Internal Customers
• Eye for detail ensuring process excellence

Key Relationships (Internal /External)Internal: All departments, GOsExternal: Policy holders, Channel Partners & BanksKey competencies/skills required

• To work closely and build constructive relationship with stakeholders across the organization
• Innovative and solution mindset to drive high impact cross functional projects
• Ability to work independently and/or with team to deliver on time
• Good process & regulatory knowledge coupled with Industry knowledge around Banking
• Eye for detail to enable process excellence across work profile

Measures of Success-Delivery of TAT as per SLA agreed with cross function teams and internally-Minimum 2 internal audit ratings with no major observations from statutory auditors-Internal process assessment rating among top 3 in the company-Contribution towards Great Place to work-Feedback from SLT and key stakeholdersDesired qualification and experience:

• Graduate or post graduate (MBA preferably in Finance) with minimum experience of 8-10 years
• Good knowledge on Accounting, Banking Operations, IRDA regulations, relating to the job profile as applicable,
• Agility to lead and implement projects involving stakeholders from cross departments in the Organization
• Ability to handle pressure and work in a competitive environment

PositionSenior ManagerIncumbentTBHDepartmentFinanceFunctionFinanceReporting toChief Manager - FinanceBand4ALocationGurgaonTeam size (D/I)Upto 2JOB SUMMARY

• Manage Bank relationship and reconciliation process
• Projects and Automation
• Managing Audits, Compliances & Banking Reporting

KEY RESPONSIBILITIESBank Relationship management & reconciliation

• Engagement with top banks for Industry Benchmarking & Best practices
• Banking agreement management
• Review of all Bank A/c reconciliation & ensure closure of open items

Projects and Automation agendaDriving Organizational impacting Projects around:

• Insta payouts to Individual & Group Policyholders
• Real time bank integration
• Implementation cross functional Six Sigma Quality Projects
• Cost Savings

Audits, Inspection & Reporting

• Monthly closing & accounting, Quarterly/annual Stat Audit without any observation
• Building adequate checks and controls ensuring no signification observations from Internal Audits conducted around payment processes
• Dealing with IRDA Audits, Compliances & reporting of data, reports etc. with aim to have Nil observation

People Agenda & Stakeholder Management

• Lead consistent engagement with stakeholders including Internal (All department heads & teams, GOs) and External
• Lead the team with high motivation level and enabling interventions to build it to serve the Policyholders and Internal Customers
• Eye for detail ensuring process excellence

Key Relationships (Internal /External)Internal: All departments, GOsExternal: Policy holders, Channel Partners & BanksKey competencies/skills required

• To work closely and build constructive relationship with stakeholders across the organization
• Innovative and solution mindset to drive high impact cross functional projects
• Ability to work independently and/or with team to deliver on time
• Good process & regulatory knowledge coupled with Industry knowledge around Banking
• Eye for detail to enable process excellence across work profile

Measures of Success-Delivery of TAT as per SLA agreed with cross function teams and internally-Minimum 2 internal audit ratings with no major observations from statutory auditors-Internal process assessment rating among top 3 in the company-Contribution towards Great Place to work-Feedback from SLT and key stakeholdersDesired qualification and experience:

• Graduate or post graduate (MBA preferably in Finance) with minimum experience of 8-10 years
• Good knowledge on Accounting, Banking Operations, IRDA regulations, relating to the job profile as applicable,
• Agility to lead and implement projects involving stakeholders from cross departments in the Organization
• Ability to handle pressure and work in a competitive environment

Max Life Insurance