Job Description
Job Title: Senior Financial Reporting Analyst
Business Unit: Finance
Function: Financial Control, Regulatory Reporting & Taxation
Sub Function: Financial reporting
Experience (Min to Max): 4 - 5 Years
Location: Mumbai
Educational Qualifications: CA
Job Description :
• Financial reporting as per the Indian GAAP & complete understanding of Ind AS as applicable for banks
• Ensuring timely closure books of accounts (monthly & quarterly), preparing annual financial statements and disclosure in Notes to Accounts
• Co-ordination with the Statutory and Internal Auditors and to ensure timely completion of Audit.
• Preparing various notes for submission to the Audit Committee/Board on Related Party Transactions, Proposed Dividend, Note on suspense/sundry accounts, Auditors remuneration etc.
• Analytical Review of the Financials for decision making.
• Co-ordinate, review and provide support through appropriate inputs/financials to the teams for the yearly/quarterly MIS reporting.
• Implementation of accounting related projects in various systems like CBS, Trade, Misys etc. for wholesale & Retail segments and also providing ongoing support for accounting related matters across the systems and products in the Bank
• Reviewing product notes, designing accounting entries for the new products.
• Process improvements, risks and controls assessment from the financial reporting perspective.
• Building controls around GLs to prevent fraudulent/misuse of GLs, rationalisation of GL accounts and Chart of Accounts.
• Assisting in Strategic initiatives like mergers & acquisitions, portfolio acquisitions, corporate restructuring etc.
• Automation of manuals activities/compilation of data, system enhancements from accounting perspective
An Ideal Candidate should possess:
• 3 – 5 years of Banking experience in Financial reporting
• Knowledge on accounting Software-Implementation
• Experience in Financial Reporting & Audit
• Experience in RBI Reporting & Finance Control Compliance
• Working knowledge of IFRS accounting standards
• Experience in Policy Formation in compliance with RBI Guidelines
• CBS/GL Knowledge
Industry Preferences :
Banking, NBFC
Business Unit: Finance
Function: Financial Control, Regulatory Reporting & Taxation
Sub Function: Financial reporting
Experience (Min to Max): 4 - 5 Years
Location: Mumbai
Educational Qualifications: CA
Job Description :
• Financial reporting as per the Indian GAAP & complete understanding of Ind AS as applicable for banks
• Ensuring timely closure books of accounts (monthly & quarterly), preparing annual financial statements and disclosure in Notes to Accounts
• Co-ordination with the Statutory and Internal Auditors and to ensure timely completion of Audit.
• Preparing various notes for submission to the Audit Committee/Board on Related Party Transactions, Proposed Dividend, Note on suspense/sundry accounts, Auditors remuneration etc.
• Analytical Review of the Financials for decision making.
• Co-ordinate, review and provide support through appropriate inputs/financials to the teams for the yearly/quarterly MIS reporting.
• Implementation of accounting related projects in various systems like CBS, Trade, Misys etc. for wholesale & Retail segments and also providing ongoing support for accounting related matters across the systems and products in the Bank
• Reviewing product notes, designing accounting entries for the new products.
• Process improvements, risks and controls assessment from the financial reporting perspective.
• Building controls around GLs to prevent fraudulent/misuse of GLs, rationalisation of GL accounts and Chart of Accounts.
• Assisting in Strategic initiatives like mergers & acquisitions, portfolio acquisitions, corporate restructuring etc.
• Automation of manuals activities/compilation of data, system enhancements from accounting perspective
An Ideal Candidate should possess:
• 3 – 5 years of Banking experience in Financial reporting
• Knowledge on accounting Software-Implementation
• Experience in Financial Reporting & Audit
• Experience in RBI Reporting & Finance Control Compliance
• Working knowledge of IFRS accounting standards
• Experience in Policy Formation in compliance with RBI Guidelines
• CBS/GL Knowledge
Industry Preferences :
Banking, NBFC
💡 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.