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Financial Controller

Location: Mumbai, Maharashtra

Category: Bank Jobs

About the organization

Incorporated in Jul 2022, State Bank Operations Support Services is a wholly owned subsidiary of SBI for providing Operations Support Services to SBI.

Role Overview - Responsible for overseeing all accounting operations, ensuring accuracy and compliance in financial reporting, managing budgets and forecasts, and analyzing financial data to support business decisions. Balance Sheet/ GST /Taxation/ Billing.

Role & responsibilities

Accounting Operations Management: This includes overseeing tasks like accounts payable and receivable, general ledger, cost accounting, inventory accounting, and revenue recognition.

Financial Reporting & Analysis: Preparing and analyzing financial statements (balance sheet, income statement, cash flow), variance analysis, and management reporting.

Budgeting & Forecasting: Coordinating and directing the preparation of budgets, financial forecasts, and variance analysis.

Compliance & Audit: Ensuring compliance with financial regulations and legal requirements, managing both internal and external audits, and preparing regulatory reporting.

Internal Controls: Developing, documenting, and monitoring business processes and accounting policies to maintain and strengthen internal controls.

Cash Flow Management: Monitoring and managing the company's cash flow to ensure sufficient liquidity.

Stakeholder Management: Communicating financial information and insights to various stakeholders, including management, auditors, and potentially investors.

Financial Strategy & Planning: Contributing to the development of the company's financial strategy and long-term financial planning.

Risk Management: Identifying and mitigating financial risks through effective risk management procedures.

Preferred candidate profile

Education - Inter- CA /CA

Exp- 10 years

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