Financial Reporting Analyst

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai

Job Description

Financial Reporting Analyst
Function: Finance

Job Purpose:

The Financial Reporting Analyst is responsible for preparing and establishing various financial analyses, opportunities quantifications, financial projections, and capital adequacy calculations to provide management with accurate and timely financial data.

Roles & Responsibilities:

Perform financial and accounting-related activities in a timely manner
Manage day-to-day operations to ensure processes are executed within agreed SLAs
Perform month-end closing activities such as revenue accounting, expense accounting, account reconciliation, etc.
Manage account payables and receivables activities, credit and collection activities
Contribute to the preparation of the budget and monitor financial performance versus the budget to identify areas of unsatisfactory performance
Design and review fiscal policies
Undertake regular self-assessments to ensure all new risks are actively managed and mitigated
Work closely with Technology to ensure systems are developed to accommodate regulatory requirements and process improvements
Maintain accurate financial data and reports for submission to senior management
Address financial issues and inquiries in a timely manner
Prepare daily cash flow reports and register all outstanding payment records
Participate in regular audits and recommend corrective financial action plans
Analytical review of the Financials for decision making
Establishment of a properly staffed and appropriately trained Finance function
Capture and share best-practice knowledge amongst the team
Leverage in-house synergies through collaboration with internal stakeholders
Keep abreast with global market trends and competitor strategies in key markets
Create an environment that promotes collaborative learning and collective ownership of responsibilities
Attract and retain best-in-class talent for key roles in their reporting structure
Ensure adherence to benchmarks/processes set up for finalizing commercials and other key parameters
Education Qualification:

Graduation: Bachelor in Commerce

Post-graduation: Mcom / MBA / PGDM

Professional Qualification/Certification: Chartered Accountant (CA)

Experience: 02 to 05 years of relevant experience in Finance operation

See less description

💡 Quick Summary

Seeking a career-building opportunity? The Financial Reporting Analyst position is now open for candidates interested in the Bank 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 Bank Jobs is a plus.

Sponsored

Job Details

Company Name: IDFC FIRST Bank

Frequently Asked Questions

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The expected salary for Financial Reporting Analyst in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Financial Reporting Analyst is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Financial Reporting Analyst. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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