M&G Logo

M&G

Assistant Vice President - Balance Sheet Accountant

Posted 7 Days Ago
Be an Early Applicant
In-Office
Mumbai, Maharashtra, IND
Entry level
In-Office
Mumbai, Maharashtra, IND
Entry level
Leads balance sheet and income statement reporting for M&G Insurance entities across Group and statutory bases. Oversees general ledger close, reconciliations, Tagetik disclosures, Solvency II reporting, product-level analysis, audit support, financial controls, issue resolution, team coaching, process standardization, and automation. The role coordinates with Finance, Actuarial, Operations, Reporting, Change, Technology, and external stakeholders to ensure accurate, timely, and compliant reporting.
The summary above was generated by AI

About M&G India


We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.


Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.


Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

 

About M&G


Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.


Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.


Through 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.


Accountabilities/Responsibilities :-

• Lead the review and delivery of accurate balance sheet and income statement reporting on both Group and local statutory bases for assigned M&G Insurance entities, ensuring compliance with UK GAAP, IFRS and Solvency II requirements. 

• Oversee quarterly GL close activities, reconciliations and analytical reviews for assets, liabilities, revenue and expenses, ensuring completeness, accuracy, timely sign-off and robust evidence retention. 

• Manage and review Tagetik submissions for disclosure reporting, including annual disclosure , ensuring output is complete, consistent and delivered to agreed timelines. 

• Oversee Solvency II reporting inputs and supporting workings, including quarterly and annual QRTs for balance sheet, assets, own funds, premiums, claims and expenses, with appropriate review and challenge. 

• Provide senior oversight of product-level analysis for Unit-Linked and With Profits business, including charges, expenses, movements and drivers of variance. 

• Lead resolution of validation errors, mapping issues and late adjustment requirements by coordinating with Finance Operations, Reporting Analysis, Change and Technology teams. 

• Support upcoming product launches by reviewing mapping updates, Tagetik disclosure changes, testing outputs and implementation impacts on reporting and controls. 

• Maintain a strong financial control environment through documented review, issue tracking, exception management, WIT updates and process standardisation. 

• Act as a senior point of contact for internal and external audit queries, ensuring audit evidence is complete, accurate and provided within required timelines. 

• Provide guidance, coaching and review support to team members, helping prioritise activities across and annual reporting peaks. 

• Drive continuous improvement, automation opportunities and control enhancements to reduce manual effort, improve process resilience and strengthen reporting quality. 

• Build effective relationships across M&G Finance, Actuarial, Finance Operations, Group Reporting, Change, Technology and external stakeholders to ensure reporting requirements are understood and delivered. 


We 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.

Similar Jobs

2 Hours Ago
Remote or Hybrid
India
Mid level
Mid level
Security • Cybersecurity
Own global revenue recognition under ASC 606 and accounting processes including commissions, COGS, and leases. Review tax provisions, returns, transfer pricing, and subsidiary filings; support external audits and cross-functional reporting. Lead accounting projects, process improvements, and AI-driven workflow automation. Requires a CA, Big 4 high-tech experience, strong US GAAP and revenue recognition knowledge, ERP experience, advanced Excel skills, and excellent communication.
Top Skills: Ai Automation ToolsAsc 340-40Asc 606ExcelMS OfficeNetSuiteUs Gaap
3 Hours Ago
In-Office
Mumbai, Maharashtra, IND
Expert/Leader
Expert/Leader
Cloud • Information Technology • Internet of Things • Machine Learning • Software • Cybersecurity • Infrastructure as a Service (IaaS)
The Head ASP Management is responsible for procurement of ASP services, vendor relationships, contractual compliance, quality delivery, and supplier performance evaluation while driving cost efficiency and improvements in service delivery processes.
Top Skills: AspMicrowaveOhsRan
3 Hours Ago
Hybrid
Mumbai, Maharashtra, IND
Senior level
Senior level
Financial Services
Lead complex technology programs from planning through delivery, managing technical requirements, resources, budgets, timelines, risks, and cross-functional stakeholders. Collaborate with engineering, product, and business teams to align program objectives with business goals. Apply analytical reasoning, vendor management, agile methodologies, and data-driven optimization to improve program performance, mitigate roadblocks, and promote innovation.
Top Skills: Agile Methodologies

What you need to know about the Mumbai Tech Scene

From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account