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
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
💡 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.
