Assist with technical accounting issues, research reporting obligations, and prepare training for financial operations compliance under GAAP and IFRS.
Description and Requirements
Principal Responsibilities:
Technical Accounting
1. Learn about emerging accounting issues that may impact MetLife's reporting obligations under GAAP, IFRS and Statutory requirements.
2. Research technical accounting issues and accounting policy/procedure matters. Interpret and project the financial impact on Operations, on a US GAAP, IFRS and a statutory basis.
3. Prepare position papers presenting the Technical Accounting Group's interpretation of the accounting issues/ new product launch/ new contracts entered into by MetLife, provide application of appropriate guidance and conclusion on the accounting treatment.
4. Stay abreast of new accounting changes/developments. Analyze technical pronouncements and ask questions to gain an understanding. Evaluate and effectively communicate implications for MetLife of the proposed issue. Assist with implementation of new accounting pronouncements.
5. Participate in US GAAP & IFRS implementation projects having advanced level knowledge under ASC 944 (including LDTI) & IFRS 17.
6. Preparation of offline/Online accounting training presentations under U.S.GAAP and IFRS to provide trainings to employees
7. Ability to analyze the Financial Statements and perform concurrent reviews of MetLife's entities financial statements.
8. Conversion of financial statements from Local GAAP to US GAAP
9. Ensuring Quarterly and Annually SOX compliance of MetLife Operating Policies
10. Strong understanding of US tax
Customer Focus and Partnership
1. Partner with various units (Financial Reporting, Expenses, etc) in order to understand the accounting issues.
2. Provide timely and accurate guidance/assistance in evaluating accounting treatment/processes/procedures to various groups within the business.
3. Build relationship with TAG members from other business units. Work collectively with various groups to resolve complex issues.
Time/Project Management
1. Prioritize and focus to meet customer expectations and project deadlines.
2. Work under constant changing environment.
3. Manage multiple tasks to ensure all deliverables are completed by due dates.
Perform ad hoc tasks/projects
Work timing : 12 pm to 9 pm IST
About MetLife
Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™ for 2024, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services.
At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
Principal Responsibilities:
Technical Accounting
1. Learn about emerging accounting issues that may impact MetLife's reporting obligations under GAAP, IFRS and Statutory requirements.
2. Research technical accounting issues and accounting policy/procedure matters. Interpret and project the financial impact on Operations, on a US GAAP, IFRS and a statutory basis.
3. Prepare position papers presenting the Technical Accounting Group's interpretation of the accounting issues/ new product launch/ new contracts entered into by MetLife, provide application of appropriate guidance and conclusion on the accounting treatment.
4. Stay abreast of new accounting changes/developments. Analyze technical pronouncements and ask questions to gain an understanding. Evaluate and effectively communicate implications for MetLife of the proposed issue. Assist with implementation of new accounting pronouncements.
5. Participate in US GAAP & IFRS implementation projects having advanced level knowledge under ASC 944 (including LDTI) & IFRS 17.
6. Preparation of offline/Online accounting training presentations under U.S.GAAP and IFRS to provide trainings to employees
7. Ability to analyze the Financial Statements and perform concurrent reviews of MetLife's entities financial statements.
8. Conversion of financial statements from Local GAAP to US GAAP
9. Ensuring Quarterly and Annually SOX compliance of MetLife Operating Policies
10. Strong understanding of US tax
Customer Focus and Partnership
1. Partner with various units (Financial Reporting, Expenses, etc) in order to understand the accounting issues.
2. Provide timely and accurate guidance/assistance in evaluating accounting treatment/processes/procedures to various groups within the business.
3. Build relationship with TAG members from other business units. Work collectively with various groups to resolve complex issues.
Time/Project Management
1. Prioritize and focus to meet customer expectations and project deadlines.
2. Work under constant changing environment.
3. Manage multiple tasks to ensure all deliverables are completed by due dates.
Perform ad hoc tasks/projects
Work timing : 12 pm to 9 pm IST
About MetLife
Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™ for 2024, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services.
At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
Top Skills
Asc 944
Gaap
Ifrs
Ifrs 17
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