Job Description
Job Title - Accounting Controller
Location - Mumbai
Role Description - Summary
Accounting Control is a function within Financial Control and as such part of the Business Finance organization. The primary responsibility for a financial controller is to ensure correctness of Balance Sheet and P&L for their business areas (including formal sign-off in SAP). This includes but is not limited to substantiation as well as reconciliation of the Financials, ownership and control over the front-to-end month-end production cycle. Above all it is their core duty to create full transparency around every aspect of the Financials of the bank. In their Accounting Control function they are the SMEs cross business and cross function (up-stream) assisting other control functions resolving issues as well as continuously improving their processes.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Responsibilities / Tasks
Work as an Independent contributor or manage below functions:
• Balance sheet and P&L review/commentary of CIB Finance covering Emerging Markets Debt Business – products including Credit, Interest Rate and Structured products
• Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
• Performs QA function for processes within his/her teams remit and regularly assesses the effectiveness of the checks
• Engages with CTB/SME ( Change the Bank / Subject Matter Expert) in order to deliver change
• First level of escalation for team issues and for stakeholder escalation
• Manages the resolution of product reconciliation break/exception items in a timely manner
• Monitoring of exceptions including investigation and explanation
• Review of Balance sheet substantiation
• Process standardization across business
• Provides summary of KRI's for their business area and remediation plans where SLA's are being missed and/or where issues exist
• Facilitates CTB initiatives and drives continuous improvement program within their team
• Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
💡 Quick Summary
Seeking a career-building opportunity? The Accounting Controller AVP position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
