M&G India | Assistant Vice President - Balance Sheet Accountant

Accountabilities/responsibilities

• Lead the review and delivery of accurate balance sheet and income statement reporting on both Group and local statutory bases for assigned M&G Insurance entities, ensuring compliance with UK GAAP, IFRS and Solvency II requirements.
• Oversee quarterly GL close activities, reconciliations and analytical reviews for assets, liabilities, revenue and expenses, ensuring completeness, accuracy, timely sign-off and robust evidence retention.
• Manage and review Tagetik submissions for disclosure reporting, including annual disclosure , ensuring output is complete, consistent and delivered to agreed timelines.
• Oversee Solvency II reporting inputs and supporting workings, including quarterly and annual QRTs for balance sheet, assets, own funds, premiums, claims and expenses, with appropriate review and challenge.
• Provide senior oversight of product-level analysis for Unit-Linked and With Profits business, including charges, expenses, movements and drivers of variance.
• Lead resolution of validation errors, mapping issues and late adjustment requirements by coordinating with Finance Operations, Reporting Analysis, Change and Technology teams.
• Support upcoming product launches by reviewing mapping updates, Tagetik disclosure changes, testing outputs and implementation impacts on reporting and controls.
• Maintain a strong financial control environment through documented review, issue tracking, exception management, WIT updates and process standardisation.
• Act as a senior point of contact for internal and external audit queries, ensuring audit evidence is complete, accurate and provided within required timelines.
• Provide guidance, coaching and review support to team members, helping prioritise activities across and annual reporting peaks.
• Drive continuous improvement, automation opportunities and control enhancements to reduce manual effort, improve process resilience and strengthen reporting quality.
• Build effective relationships across M&G Finance, Actuarial, Finance Operations, Group Reporting, Change, Technology and external stakeholders to ensure reporting requirements are understood and delivered.

M&G plc

M&G traces its origins to 1931, when it launched one of the first unit trusts in the United Kingdom. It became a separate listed company in October 2019, when Prudential plc completed the demerger of M&G plc and its shares were admitted to the main market of the London Stock Exchange. The group is based in the UK and manages savings and investments for retail and institutional clients. In India it operates through M&G Global Services Private Limited, set up in 2003, with offices in Powai in Mumbai and Viman Nagar in Pune. The India unit works with colleagues worldwide on business transformation, digital capability and operations. M&G plc itself does not offer financial services in India.

Finance hiring is mainly in Mumbai, with one treasury-systems role in Pune. Postings cover fund accounting oversight for private and public assets, balance sheet accounting, bond reporting, finance consolidation, treasury support on Kyriba, investment compliance, leveraged finance research and private markets research. Seniority runs from manager to vice president and head of function. The consolidation roles ask for a qualified CA with investment-industry experience (six years for one role and fourteen for the senior one), while others prefer CFA, CA, MBA Finance or FRM.

• Industry: Savings and investments: asset management, life and pensions, and wealth, with a focus on public and private markets
• Headquarters: London, United Kingdom (listed on the London Stock Exchange)
• In India: M&G Global Services Private Limited, established in 2003, with offices in Mumbai (Powai) and Pune (Viman Nagar) serving as the group's innovation and digital hub