Deputy Manager, Chief Accounting & Capital Office

Bangalore, Karnataka, India

We are seeking a detail-oriented and experienced Accountant to join AXA XL’s global corporate Investment Accounting team. This role is critical in managing the accounting for a diverse portfolio of investments, including equities, fixed income, derivatives, and alternative assets. The ideal candidate will possess effective technical skills, a thorough understanding of accounting principles, and the ability to work in a fast-paced environment.

What you’ll be DOING

What will your essential responsibilities include?

• Oversee the accounting and financial reporting for the company’s investment portfolio, ensuring compliance with relevant IFRS standards.
• Perform month-end close activities for the investment portfolio ensuring accuracy and timeliness in reporting. Conduct detailed reconciliations of investment positions and transactions to identify and resolve any discrepancies.
• Prepare and review investment-related financial statements and disclosures in accordance with IFRS. Generate monthly, quarterly, and annual reports to support internal and external financial reporting requirements.
• Leverage advanced Excel skills to analyze financial data and support comprehensive reporting. Utilize complex formulas, pivot tables and data visualization techniques in Excel, along with Power Query and Power BI, to streamline data transformation and enhance financial analysis.
• Drive continuous improvement of accounting processes related to investment accounting and reporting.
• Collaborate with accounting service providers and internal stakeholders to ensure accurate and timely financial data.
• Stay updated on relevant regulatory changes and industry trends.
• Ensure robust internal controls over investment accounting processes to comply with both group and local requirements. Engage proactively with internal and external auditors to facilitate thorough and efficient annual audits.
• Perform other duties as assigned.

You will report to Delivery Lead, Chief Accounting and Capital Office.

What you will BRING

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Bachelor’s degree in Accounting, Finance, or a related field; CA or CPA designation preferred.
• Intermediate to advanced level financial accounting and reporting experience [investment accounting preferred].
• Outstanding knowledge of GAAP and/or IFRS standards particularly in relation to investments, foreign exchange (FX), and consolidated financial statements.
• Robust attention to detail, with exceptional analytical, problem-solving, and communication skills.

Desired Skills and Abilities:

• Ability to thrive in a fast-paced environment, managing multiple priorities and deliverables.
• High degree of proficiency with Excel and other analytical tools, with the ability to work with complex formulas and financial models.
• Familiarity with accounting systems and investment management systems such as Bloomberg, Oracle EBS, SAP, or similar.

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

What we OFFER

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.   At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity.  AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action:  We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.