Chief Manager - Distribution Finance - 9+ Years - Gurugram

Location: Gurugram
Functional Practices: Financial Services Practice, Banking & Finance
Job type: Permanent
Contact name: Rahul Paul

Contact email: rahul.paul@crescendogroup.in
Job ref: 94566
Published: about 2 hours ago

Chief Manager - Distribution Finance - 9+ Years – Gurugram

 

Are you a seasoned finance professional with deep expertise in distribution compensation, commission accounting, and regulatory compliance within the insurance domain? This is a high-impact leadership role where you will drive end-to-end commission governance, automation, compliance, and business enablement while working closely with senior stakeholders. An excellent opportunity to contribute strategically to financial excellence and scalable growth.

 

Location – Gurugram

 

Your Future Employer - A reputed and fast-growing organization in the insurance sector, known for strong governance frameworks, digital transformation initiatives, and a high-performance culture. The organization offers a strategic finance role with visibility at senior leadership and board levels.

 

Responsibilities

  1. Manage end-to-end distribution compensation including retail commissions, rewards, GST expenses, and distributor payouts
  2. Finalize month-end provisions for commissions, rewards, GST, and related expenses with high accuracy
  3. Ensure timely and accurate commission and reward calculations, validation, disbursement, and provisioning
  4. Perform variance analysis and present monthly insights on commissions, rewards, and payouts to senior management
  5. Drive automation and continuous improvement of distribution compensation processes to reduce turnaround time
  6. Enable business growth through effective implementation of new commission and reward schemes in collaboration with business teams
  7. Ensure adherence to Board-approved commission policies and timely regulatory reporting, including IRDAI compliance
  8. Manage statutory and internal audits with strong financial controls, documentation, and risk mitigation

 

Requirements

  1. Post Graduate in Commerce and/or MBA
  2. 9+ years of relevant experience, preferably in the insurance sector
  3. Strong knowledge of accounting principles, commission structures, and insurance sales processes
  4. Hands-on experience in commission management, reward frameworks, and process automation
  5. Proficiency in MS Excel and MS Access for complex calculations
  6. Knowledge of regulatory requirements, reinsurance concepts, contracts, and settlement processes
  7. Strong analytical, problem-solving, and stakeholder management skills
  8. Ability to work independently in a fast-paced, high-accountability environment

 

What’s in it for You

  1. Strategic leadership role reporting into senior finance leadership
  2. High visibility and impact on business growth and governance
  3. Opportunity to lead automation and transformation initiatives
  4. Exposure to regulatory, audit, and board-level interactions
  5. Stable, growth-oriented work environment with long-term career progression

 

Reach Us - If you feel this opportunity is well aligned with your career progression plans, please feel free to reach me with your updated profile at Rahul.paul@crescendogroup.in.

 

Disclaimer - Crescendo Global specializes in Senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging and memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

 

Note - We receive a large number of applications daily, making it difficult to respond to each candidate individually. Please assume that your profile has not been shortlisted if you do not hear from us within one week. Your patience is highly appreciated.

 

Profile Keywords - Distribution Compensation, Commission Accounting, Insurance Finance, Reward Management, GST on Commission, Regulatory Reporting, IRDAI Compliance, Finance Automation, Variance Analysis, Statutory Audit, Internal Audit, Risk Management, Insurance Accounting, Senior Finance Leadership