Accounting Team Lead I(CA/CMA/CIMA Qualified )

Job title: Accounting Team Lead I(CA/CMA/CIMA Qualified)

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

Finance and Accounting professional responsible for leading end-to-end Record-to-Report activities, ensuring accurate financial reporting, timely month-end close, and robust balance sheet governance. Manages a team performing reconciliations, journal entries, variance analysis, and financial control activities while driving operational excellence and compliance.

Key Responsibilities

• Lead and oversee daily, monthly, and quarterly R2R activities, including journal entries, account reconciliations, and close processes.
• Review and approve Bank, GL, and Non-GL reconciliations, ensuring timely resolution of reconciling items.
• Manage month-end, quarter-end, and year-end close deliverables in accordance with reporting timelines.
• Perform aged items reviews, variance analysis, and account substantiation.
• Ensure compliance with accounting standards, internal controls, and SOX requirements.
• Partner with business, FP&A, AP, AR, Treasury, and external auditors to resolve accounting and reporting issues.
• Monitor team performance against SLAs, KPIs, and quality targets.
• Drive process standardization, automation, and continuous improvement initiatives.
• Support audits by providing reconciliations and supporting documentation.
• Coach, develop, and mentor team members while fostering a high-performance culture.

Education

• CA/CMA/CIMA Qualified

Experience

• 3 -5 years of experience in Finance and Accounting (Preferred)

• Supervisory Responsibilities

• This job has supervisory duties.

• Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

• Primary Skills

• Accounting, Corporate Accounting, Financial Accounting, Financial Analysis, Financial Statement Analysis

• Shift Time

• Recruiter Info

• Ms. Vibha Chaturvedi

• About Allstate

• Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

• The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization’s business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.

• Learn more about Allstate India here.