AVP - Taxation & Accounting
Roles and Responsibilities
• 1. Financial Reporting:
Process YTD financials, HO reporting, and statutory audit requirements on a timely basis.
Accrue and process financial releases, including variance explanations for each branch.
• 2. Regulatory Compliance:
Ensure accuracy and timely submission of RBS/RBI inspection data and local body requirements.
Present findings to superiors with comparative data and variance explanations.
• 3. Fixed Asset Management:
Understand HOP and IOP guidelines, JGAAP, and IGAAP compliances related to fixed asset accounting and reporting.
• 4. Profit & Loss Statement Analysis:
Analyze major revenue and expense items on a monthly basis.
• 5. IndAS Reporting and Compliances:
Co-ordinate and assist in the timely completion and submission of IndAS reports to RBI with comparative analyses and alerts for identified compliances.
Key Responsibilities:
- Process and scrutinize major items of the profit and loss statement.- Maintain accurate records and good record-keeping practices.