Insurance Services Close Controller — Interim

The mandate

The interim will take delegated controller responsibility for the recurring insurance-services close. Preparers know their schedules, but premium-related balances, commission accruals and cash exceptions do not always reach an authorised conclusion before reporting. The role concentrates on evidence quality and timely escalation rather than assuming enterprise CFO powers.

The six-month appointment starts on 19 October 2026 and covers the controller's approved leave. Five days weekly are required from Bengaluru, including agreed reporting calls with US-facing finance owners. The first close will identify unreconciled balances, establish the supporting records and determine which exceptions can be resolved locally and which require finance-director judgement.

Handover means material reconciliations have accountable preparers and reviewers, non-routine entries carry an evidenced rationale and the cash-exception list can be maintained through normal working routines. The returning controller must complete a close review and explain selected commission and premium-related balances using the retained evidence. A completed checklist without an inspectable basis for the balances will not meet the exit test.

The controller may reject unsupported submissions, sequence existing preparer work and approve entries within the finance director's written delegation. Policy changes, borrowing, permanent hiring and external financial disclosure remain outside that delegation. The role cannot interpret insurance law as a legal opinion or sign a statutory audit report; unresolved regulatory or accounting questions go to the authorised specialist.

The assignment excludes new product economics, an accounting-system replacement and enterprise risk strategy. The sponsor provides authorised ledger extracts, cash records and named process contacts. The seat requires demonstrated controller-level close responsibility, including evidence-based challenge of commission accruals, premium-related balances and cash exceptions within the finance director's approval register.

What you will own

• Establish the close exception register from actual reconciliations, classifying missing source records, timing differences and substantive accounting questions so each receives the right resolution route.
• Decide delegated entry approvals only where premium or commission support and the accounting basis are retained, escalating treatments that exceed the written authority.
• Sequence existing preparer work toward balances with the greatest reporting exposure, recording why low-risk administrative checks may temporarily receive less attention.
• Reconcile cash exceptions to ledger and authorised banking records, identifying whether the problem is posting, timing or unresolved operational ownership before recommending action.
• Set reviewer evidence requirements that explain a balance and its movement, avoiding additional signatures that do not improve the substance of the close review.
• Coordinate reporting handoffs with the finance director and overseas owners, preserving legitimate framework differences instead of quietly forcing schedules into one unexplained total.
• Transfer the reconciliation pack and escalation register to the returning controller, observing a fresh close review and confirming ownership of every material outstanding item.

Candidate qualifications

• Demonstrate direct controller or senior-accounting responsibility for recurring close work. Explain a premium, commission or analogous services balance you reviewed, the source evidence required and the entry or escalation decision you made. The role values proven responsibility over a nominal senior title.
• Show working competence across US GAAP, IFRS or Ind AS reporting interfaces relevant to your experience. Candidates should describe an actual reconciliation or treatment difference, identify the policy authority consulted and explain how the reporting consequence was retained in the review file.
• Provide an example of managing preparer work under a close deadline without approving unsupported figures. Explain the exposure prioritised, the evidence missing and how you communicated an unresolved issue to the finance director before it became an external reporting surprise.
• Demonstrate practical cash and reconciliation analysis, including the ability to distinguish posting errors from timing or operational disputes. Show the source trail used and the boundary between your delegated correction and a decision requiring broader treasury or accounting authority.
• Evidence transferable working papers and appropriate professional finance capability. Explain how another reviewer could reproduce a conclusion and how confidential insurance-service information was minimised. The assignment does not confer CFO, statutory-audit or legal authority; willingness to state those limits is part of credible controller performance.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 12 October 2026. Mandate reference PCT-INT-2026-IND-08.