Open to opportunities

Madhu Pandey

@madhupandey1

Senior finance leader and Chartered Accountant driving IFRS/Solvency II reporting, compliance, and process improvements across insurers.

India

Message

What I'm looking for

I’m looking for a finance leadership role where I can own IFRS and Regulatory reporting, lead GL close and reconciliations, and partner with auditors to deliver accurate disclosures and compliance on tight timelines.

I’m a Chartered Accountant (ICAI) with a Certificate in IFRS and 7+ years of industry experience, focused on accurate financial reporting, regulatory compliance, and disciplined close processes. I’ve built a track record of strengthening balance sheet and income statement reporting across both group and local statutory contexts while partnering with executive leadership to improve outcomes.

In my current Senior Manager Finance & Accounts role, I own quarterly GL close and reconciliations, regulatory reporting, and Solvency II quantitative reporting templates (QRTs), ensuring IFRS compliance through tooling like Tagetik. Previously, as a Chief Manager/Manager, I managed financial statement preparation and auditor coordination, supported policy/process upgrades, and handled insurance accounting areas such as premium, commission, GST reporting, and reinsurance (cessions, treaty/FAC, ageing, and sliding scale commission). I’m also recognized through awards for closing excellence and compliance support, and I delivered an educational webinar on IND AS 117.

Experience

Work history, roles, and key accomplishments

Current

Senior Manager - Finance

Current

M&G Global Services Ltd.

Jan 2025 - Present (1 year 5 months)

Owned financial reporting for balance sheet and income statement across Group and local statutory ledgers, ensuring compliance with UK GAAP/IFRS and local regulatory requirements. Managed quarterly GL close, reconciliations, and Solvency II reporting inputs to Tagetik, including QRTs and IFRS-compliant Solvency II disclosures.

IFRS Solvency II Financial Reporting Regulatory Reporting Revenue Opex AP AR Testing Microsoft Excel

Chief Manager Finance

Edelweiss Tokio Life Insurance Co. Ltd.

Jul 2022 - Jul 2023 (1 year)

Managed monthly, quarterly, and annual financial statement preparation and reviews, coordinating with external auditors during year-end close. Developed insights from business data and improved financial reporting policies and regulatory compliance processes.

Financial Statements Financial Reporting Audit Coordination Data Analysis Regulatory Compliance Policy Development Team Leadership Month End Close Quality Review

Manager Finance & Accounts

Birla Sun Life Insurance Co. Ltd

Sep 2018 - Dec 2019 (1 year 3 months)

Prepared and finalized company accounts, performing ledger scrutiny and variance analysis across financial statement line items. Ensured IRDAI-compliant reporting and supported premium and commission accounting, including GST and schedule-wise financial disclosures.

Final Accounts IRDAI Reporting Premium Accounting Commission Accounting Schedule Disclosures Month Quarter Compliance

Deputy Manager Finance

Magma HDI General Insurance Co. Ltd

Jul 2016 - Aug 2018 (2 years 1 month)

Handled premium and commission accounting and ensured IRDA and statutory compliance through timely audit closures. Managed reinsurance accounting, RI cessions monitoring, treaty/FAC payments, sliding scale commission computations, and RI Solvency disallowances with documentation for foreign RI payments.

Reinsurance Accounting Commission Accounting Treaty FAC Processing RI Cession Monitoring RI Balances Ageing Solvency Disallowances Documentation Control

Senior Associate - Assurance

PricewaterhouseCoopers SDC

Nov 2014 - Jul 2016 (1 year 8 months)

Audited financial documents for completeness and accuracy before filing, including testing of transaction coverage for revenue, Opex, and AP/AR. Performed IFRS automated disclosure checklist reviews and provided analytics support to offshore clients.

IFRS OPEX Financial Statement Analysis Analytics Support