Role:
a) Timely closure of month-end activities related to Commission and Reward processes, maintaining adherence to defined timelines and controls
b) Perform reconciliation of balance sheet accounts pertaining to Commission and Reward, identifying and resolving variances to ensure accuracy and completeness.
c) Monitor daily commission and reward payouts-Monitoring Daily Commission and Reward related payouts
d) Managing audit and regulatory requirements- including Statutory Audits (quarterly, half-yearly, and annual), Internal Audits and IRDA inspection requirements, ensuring timely and accurate submissions.
e) Managing a team of 4-5 employee
f) Process improvements and Automation of Activities
Key Responsibilities:
a) Month end activities – timely and accurate monthend closure of Commission & Reward
b) Monitoring and control on all balance sheet items – Reconciliation and review of Receivables and payable related to Commission
c) Process improvements and Automation of activities
d) Handling of Internal Audit, Statutory audit and IRDA requirements.
