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