Finance Manager, GIFT City

About the role

The Finance Manager owns the day-to-day finance, accounting, regulatory reporting and taxation of the IIO branch in GIFT City. Working closely with the CFO and the Singapore Head Office Finance team, the role ensures accurate books, timely regulatory and statutory submissions, robust audit and tax compliance and strong financial controls as the branch scales its reinsurance operations.

Key responsibilities

• Maintain the books of account in line with Head Office policies (FRS 117 / IFRS 17) and local requirements, including the general ledger, sub-ledgers and month-end close
• Record and reconcile reinsurance premiums, claims, commissions, retrocession and investments, keeping the IIO fund segregated from Head Office insurance operations
• Prepare monthly management accounts, financial statements, commentary and variance analysis for management and Head Office consolidation (INR, USD, SGD)
• Set up and run internal financial controls, reconciliations and audit trails
• File periodic IFSCA returns (quarterly and annual financial, solvency and business returns) and support SEZ/IFSC filings such as MPR, APR and SERF
• Prepare statutory financial statements and manage the annual statutory and tax audit in India, supporting group audit, transfer pricing and internal audit reviews
• Manage direct tax (corporate income tax, MAT, advance tax, TDS, Section 80LA) and transfer pricing documentation, and oversee GST compliance (monthly/quarterly returns, GSTR-9/9C, input tax credit, reverse charge)
• Handle withholding tax certificates, Forms 15CA/15CB and tax residency documents for cross-border cessions, and liaise with tax advisors and authorities
• Support banking operations (USD and INR accounts), payments and payroll remittances, and contribute to process design, automation and standardisation

Required profile

• Chartered Accountant (CA) or equivalent professional qualification
• 8 to 12 years of post-qualification experience in finance, accounting, regulatory/statutory reporting and taxation
• Prior experience in an insurance or reinsurance company is mandatory
• Strong knowledge of IFRS/IFRS 17/Ind AS, regulatory reporting, audit processes and Indian direct and indirect taxation
• Excellent communication with regulators, auditors, advisors, Head Office and senior management
• Ability to work independently in a start-up branch environment across geographies and time zones

Required skills

• Excel and financial systems such as Oracle GL/ERP
• Comfortable with automation and reporting tools

What we offer

• Own end-to-end finance, reporting and tax processes for a new, high-growth branch with direct exposure to senior leadership
• Broad expertise across accounting, regulatory reporting, audit and direct and indirect taxation in one role
• International exposure through collaboration with the Singapore Head Office and the wider MS&AD global network
• Clear pathway for professional growth and increasing responsibility as the IIO scales