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Assistant Vice President - Balance Sheet Accountant

M&G plc
NewPosted today

LOCATION

Mumbai · Onsite

EXPERIENCE

Not specified

TYPE

FullTime

SKILLS REQUIRED

Financial ReportingAccount ReconciliationRegulatory ComplianceInternal ControlsSolvency IIIFRS

Job description

Overview

Assistant Vice President in the Balance Sheet Accounting team at M&G India, leading statutory and Group balance sheet and income statement reporting for assigned M&G Insurance entities.

What you'll do

  • 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 monthly, quarterly 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.

Details

  • Location: Mumbai, India.

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Assistant Vice President - Balance Sheet Accountant