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)
- Review of financial reporting packs and underlying workings whilst adhering to the controls and checks
and challenging analytical reviews and outputs where needed
- Review of IFRS 10 assessments and technical accounting assessment memos for items like Goodwill, Held for sale, GAAP adjustments etc.
- Identify and posting detailed GAAP/fit for consolidation adjustment from local GAAP to IFRS consolidation reporting
- Perform process, control enhancements and participate in adhoc projects
- 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.
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
- Review of roll forwards, consolidation workings and reconciliation for the NAV and IFRS reporting done in the consolidated accounts
- Provide support to the junior members in the team and take overall ownership of reporting and deliverables
- 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
- Review and development of processes and procedures to accommodate business changes
- Keep up to date with the latest business developments
- Keep up to date with the latest accounting developments
- Provide advice and guidance on accounting treatments
- Suggesting process and control enhancements
- Ad hoc tasks and participation in ad hoc projects
- Supporting audits, presenting to the relevant stakeholders
- Demonstrate a positive risk, compliance and control culture through the identification, assessment, monitoring and management of risks and issues within the business area, alongside ensuring timely and appropriate resolution of control weaknesses, actions and failures that arise
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
- Strong technical knowledge of IFRS (including IFRS 10) and local GAAP
- Experience preparing consolidation adjustments and fit-for-consolidation GAAP postings
- Ability to prepare IFRS10 and technical accounting assessment memos
- Experience producing consolidated funds reporting, NAV reconciliations and roll forwards
- Experience working with auditors, fund teams and third-party accountants
- Experience driving process and control improvements and participating in ad-hoc finance projects
- Ability to mentor and support junior finance team members
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.
