AddressWith a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower.
Welcome to the relentless pursuit of better.
Inviting applications for the role of Domain Trainee, Investment Accounting
Implements appropriate regulatory and GAAP accounting treatment for investments and related accounts. Accounts, analyzes, reports, and presents assets held for investment which may include foreign investments, mortgage loans, limited partnerships, cash equivalents, investment income, securities lending, reverse repos, repos, equities, Bonds, Derivatives, Yield check and other investment related information.
Responsibilities
Welcome to the relentless pursuit of better.
Inviting applications for the role of Domain Trainee, Investment Accounting
Implements appropriate regulatory and GAAP accounting treatment for investments and related accounts. Accounts, analyzes, reports, and presents assets held for investment which may include foreign investments, mortgage loans, limited partnerships, cash equivalents, investment income, securities lending, reverse repos, repos, equities, Bonds, Derivatives, Yield check and other investment related information.
Responsibilities
Maintain adherence to corporate, accounting and Generally Accepted Accounting Principles (GAAP) in the timely and accurate processing of Investments, Cash Management and Subsidiary financials
- Investment accounting & reporting for insurance entities in scope
- Performs accounting functions, and maintains and prepares month-end, quarter-end and annual reports (GAAP & STAT) for assigned asset and Investment Accounting areas
- Preparation of Investment Balance sheet and Cash reconciliations for Investment accounting entities
- Posting of Manual Journals for investment products such as equities, Bonds, derivatives
- Impairment processing as per US and European GAAP
- Working on complex derivative instruments, netting
- Monthly/Quarterly/Annual reporting- Statutory and Regulatory
- Working on tools like SAP, Bloomberg, Business objects (BO) etc.
- Regular communication with onshore counterpart via e-mail, instant messenger and telephonic calls
- All deliverables to be met at 100% SLA (both quality and timeliness)- SLA Governance
- Ensure 100% compliance and deadlines
- Responsible for maintaining and reviewing reconciliations and Investment Accounting information flows with all entities
- Journal entries for Investment purchase, sale, cash management, valuation and accruals
- Monthly accruals for interest, market value and premium/discount amortization
Qualifications we seek in you!
Minimum qualifications
Minimum qualifications
- Master's degree in accounting/Finance or equivalent related work experience
- MBA Finance or CPA or CA
- Experience in Investment Accounting
- CA freshers/ relevant work experience
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com . Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.
JobDomain Trainee
Primary LocationIndia-Gurugram
ScheduleFull-time
Education LevelBachelor's / Graduation / Equivalent
Job PostingMar 19, 2024, 8:52:45 AM
Unposting DateOngoing
Master Skills ListOperations
Job CategoryFull Time
