Management Trainee, Financial Reporting & Accounting

XL Group

Company Type

MAXIMIZE your opportunity

Finance Close team provides accounting support to various XL Catlin legal entities based out of Bermuda, UK and US. The key activities of the team involve recording of operating expense accruals including global compensation, preparation of P&L commentaries, balance sheet reconciliations for UK legal entities, intercompany settlement for UK and US entities, recording of movement in debt and equity share capital, recording of dividend (equity & preference), preparation of supporting schedules for 10Q/10K related to Equity and debt, preparation of Director compensation statement, Investment accounting, etc.
What will your essential responsibilities include?
  • Booking IO Commission and preparation of Quarterly reconciliation for business Controllers
  • Booking of operating expense accruals including global compensation on a monthly/quarterly basis.
  • Variance analysis commentary for Compensation expenses.
  • Booking of movement in Debt and Equity Share Capital and recording of Dividend (Equity & Preference).
  • Preparation of Supporting Schedules for 10Q/10K related to Equity and Debt.
  • Preparation of Balance sheet reconciliations (Asset & Liabilities) for UK Legal entities (UK Services, XLICSE & its branches) on a monthly/quarterly basis.
  • Preparation of P&L commentaries for UK legal entities and its branches
  • Liaise with different departments for getting the monthly & quarterly reconciliations and clearance of open items.
  • Prepare Intercompany reconciliations for US & UK Legal entities.
  • Intercompany settlement including follow up with BU owners for the settlement of intercompany balances and its recording
  • Preparation of Director Compensation related Statements
  • Handling of Adhoc queries related to the process on a regular basis.
  • Assist in quarterly close & reporting process and adhere to time schedules.
  • Assisting in various audits for UK Services and its branches- Statutory (PWC), SOX and Internal Audit

UNLEASH your potential

We’re looking for someone who has these abilities and skills:
  • CA with at least 3-5 years of post-qualification experience
  • Strong Accounting skills
  • Good Communication Skills
  • Strong in MS Excel
  • Knowledge of PeopleSoft application is a plus.

The XL Catlin group of companies is an Equal Opportunity Employer.


IN-HR-Silokhera Gurgaon

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Confirmed 3 hours ago. Posted 30+ days ago.

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