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Madhu Pandey

@madhupandey3

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Senior Manager Finance & Accounts at M&G Global Services, reporting under IFRS and Solvency II.

India

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At M&G Global Services Ltd., I handle financial reporting for assigned insurance entities under UK GAAP, IFRS, and Solvency II. I also prepare reporting and disclosure workings in Tagetik and support quarterly close and reconciliations.

Across roles at Edelweiss Tokio Life Insurance Co. Ltd., Birla Sun Life Insurance Co. Ltd., Magma HDI General Insurance Co. Ltd., and PricewaterhouseCoopers SDC, I worked on financial statements, regulatory compliance, insurance accounting, and assurance testing. I’ve also delivered an educational webinar on IND AS 117.

Experience

Work history, roles, and key accomplishments

Current

Senior Manager Finance & Accounts

Current

M&G Global Services Ltd.

Jan 2025 - Present (1 year 8 months)

Responsible for accurate financial reporting of balance sheet and income statement on Group and local statutory basis, ensuring compliance with UK GAAP, IFRS, and Solvency II. Performed quarterly GL close, reconciliations, and prepared workings for Tagetik disclosures.

Financial Reporting UK GAAP IFRS Solvency II Tagetik Accruals and GL Close Reconciliations Regulatory Compliance

Chief Manager Finance & Accounts

Edelweiss Tokio Life Insurance Co. Ltd.

Jul 2022 - Jul 2023 (1 year)

Managed monthly, quarterly, and annual financial statement preparation and review. Coordinated with external auditors during year-end close and developed financial policies to ensure accurate reporting.

Financial Reporting Audit Regulatory Compliance Data Analysis Policy Development Cross Functional Collaboration

Manager Finance & Accounts

Birla Sun Life Insurance Co. Ltd

Sep 2018 - Dec 2019 (1 year 3 months)

Prepared and finalized company accounts, performed ledger scrutiny and variance analysis. Ensured compliance with monthly, quarterly, half-yearly, and annual reporting guidelines as per IRDAI.

Financial Reporting Variance Analysis IRDAI Compliance Premium Accounting Commission Accounting GST

Deputy Manager Finance & Accounts

Magma HDI General Insurance Co. Ltd

Jul 2016 - Aug 2018 (2 years 1 month)

Handled premium and commission matters, reinsurance accounting, and IRDA and statutory compliances. Prepared reinsurance balances ageing and computed sliding scale commission.

Reinsurance Accounting IRDA Compliance Statutory Compliance Premium Accounting Commission Accounting Financial Reporting

Senior Associate in Assurance

PricewaterhouseCoopers SDC

Nov 2014 - Jul 2016 (1 year 8 months)

Audited financial documents for accuracy and completeness before filing with SEC/SEDAR. Performed various testing to verify completeness of transactions including revenue, opex, and AP/AR testing.

Audit Financial Analysis Revenue Testing OPEX Testing AP AR IFRS Disclosure Analytics