Lead Assistant Manager

This role is for one of the Weekday's clients

Salary range: Rs 500000 - Rs 1000000 (ie INR 5-10 LPA)

Min Experience: 6 years

Location: NOIDA

JobType: full-time

We are looking for a highly skilled and detail-oriented Lead Assistant Manager – Insurance Accounting to join our finance and accounting team. The ideal candidate will have a strong background in accounting operations, particularly in the insurance domain, and will be responsible for overseeing key accounting processes including general ledger maintenance, bank reconciliations, and financial reporting. This is a pivotal role that ensures accuracy, compliance, and efficiency in our US-based financial operations.

The role requires working in the US shift, making it ideal for professionals who are comfortable with night shifts and have prior experience supporting US clients or subsidiaries of multinational companies.

Key Responsibilities:

• Lead and manage a team of accounting professionals focused on insurance domain-related financial operations.
• Supervise and execute activities related to the General Ledger, ensuring all entries are accurate, timely, and comply with US GAAP and company policies.
• Review and perform Bank Reconciliations, ensuring timely identification and resolution of reconciling items.
• Oversee the month-end, quarter-end, and year-end closing activities to ensure timely reporting and compliance.
• Analyze financial data and present insights to senior management, highlighting trends, risks, and opportunities for improvement.
• Coordinate with internal and external auditors to ensure smooth audits and assist with necessary documentation and compliance requirements.
• Maintain internal controls and support continuous improvement initiatives for accounting processes and reporting accuracy.
• Collaborate with cross-functional teams including Finance, Compliance, and Operations to support business and financial objectives.
• Ensure adherence to accounting principles, regulatory requirements, and internal policies specific to the insurance sector.

Required Skills & Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field; CPA, CA, or equivalent certification preferred.
• 6 to 10 years of hands-on experience in accounting and finance, with at least 3 years in a leadership or supervisory capacity.
• Prior experience working in the insurance domain is a must.
• Proficient in handling General Ledger accounting, month-end closing, bank reconciliations, and financial statement preparation.
• Sound understanding of US GAAP and statutory compliance requirements for insurance firms.
• Strong analytical, organizational, and problem-solving skills.
• Proficiency in accounting software such as Oracle, SAP, QuickBooks, or similar ERP platforms.
• Excellent communication and interpersonal skills to work effectively with global stakeholders.
• Flexibility and willingness to work in US shift hours.