About M&G India
We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.
Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.
Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.
About M&G
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
Primary Key Responsibilities (Top 3-5 KRA)
- Drafting IFRS 10 assessments and technical accounting assessment memos for items like Goodwill, Held for sale, GAAP adjustments etc.
- Preparation and review of financial reporting packs and underlying workings whilst adhering to the controls and checks
- Upload and submit deliverables into the system post analytical review and checking and challenging where needed
- Maintaining a good relationship and coordinating with the Auditors, Fund teams, Third party accountants (TPAs) and other relevant stakeholders in the M&G business, as well as supporting the junior members in the team.
- Identify and posting detailed GAAP/fit for consolidation adjustment from local GAAP to IFRS consolidated reporting
Additional Responsibilities :
- Support the production of the Consolidated funds reporting and associated workbooks for submission to Group reporting team
- Preparation of IFRS10 and technical accounting assessment memos
- Provide the business with consistent financials with analytical reviews and disclosures
- Prepare an asset data store submission of the assets held by the funds
- Create roll forwards, consolidation workings and reconciliation for the NAV and IFRS reporting done in the consolidated accounts
- Provide support for other members of the Consolidation Team
- Maintain a good relationship and coordinating with the rest of the Finance and the Auditors, Fund teams, Third party accountants and other relevant stakeholders in the M&G business
- Keep up to date with the latest business developments
- Keep up to date with the latest accounting developments
- Ensuring adherence to the control environment and meticulously tracking and storing all the pertinent control evidence and documentation as a part of the process records
- Suggesting process and control enhancements
- Ad hoc tasks and participation in ad hoc projects
- Support planning, tracking of tasks and ensuring no timelines/emails are missed
We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Skills Required
- Drafting IFRS 10 assessments and technical accounting assessment memos
- Prepare GAAP/fit-for-consolidation adjustments from local GAAP to IFRS consolidated reporting
- Preparation and review of financial reporting packs and underlying workings with controls and checks
- Create roll forwards, consolidation workings and reconciliations for NAV and IFRS reporting
- Upload and submit deliverables into systems after analytical review and checking
- Maintain relationships and coordinate with Auditors, Fund teams, Third Party Accountants and other stakeholders; support junior team members
- Prepare asset data store submissions for assets held by the funds
- Ensure adherence to control environment and meticulously track/store control evidence and documentation
- Keep up to date with accounting and business developments and suggest process and control enhancements
- Support planning, task tracking and ensure timelines and communications are managed
M&G Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&G and has not been reviewed or approved by M&G.
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Retirement Support — Pension support in the UK is presented as notably generous versus typical market norms and is positioned as a core part of total reward. Formal materials also highlight share plans and financial‑wellbeing tools alongside pension value.
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Leave & Time Off Breadth — Annual leave in the UK is described as substantially above statutory norms with the option to purchase additional days. Additional flexibility is referenced through policies such as “Time Off When You Need It.”
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Parental & Family Support — Parental policies (e.g., “Inspiring Families”) are characterized as extensive, including long fully paid leave and phased return‑to‑work support. External recognition is cited as reinforcing family support as a distinctive element of the package.
M&G Insights
What We Do
M&G plc is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2023, we had £343.5 billion of assets under management and administration. Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our three distinct operating segments, Asset Management, Life and Wealth, work together to provide access to balanced, long-term investment and savings solutions.
