Job Description
Job Title- Associate
Location- Mumbai
Role Description
Within Business Finance, we have Revenue Control & Financial Control functions. For each product / business line the Revenue control & Financial control responsibilities are segregated & well defined. As a Business Finance personnel, the core responsibilities is to ensure accurate reporting of periodic P&L, Risk and BS on the basis of sound business/ product understanding along with strong accounting & system knowhow.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
Work as an Independent contributor or manage below functions:
• Responsible for the accurate and timely production of daily T+1 P&L production, attribution, and analysis.
• Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
• Break investigation and resolution: Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc.
• Market Conformity Check exceptions resolution
• Balance sheet substantiation, i.e., obtaining requisite supports for GL accounts in line with MRP policy, FX Balance review
• Production of various MIS reports for the above businesses within agreed timelines
• Performs month end close activities - SAP journals, reconciliations, balance sheet substantiations and reporting
• Performs QA function for processes within his/her teams remit and regularly assesses the effectiveness of the checks
• Engages with CTB/SME (Change the Bank / Subject Matter Expert) in-order to deliver change
• First level of escalation for team issues and for stakeholder escalation
• Manages the resolution of product reconciliation break/exception items in a timely manner
• Process standardization across business
• Provides summary of KRI's for their business area and remediation plans where SLA 's are being missed and/or where issues exist
• Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
• Interaction with global stakeholders & auditors.
Your skills and experience
• MBA (finance) or CA / ICWA / CFA - preferred
• An experience of 5-7 years in the core accounting function of an organisation would be an advantage.
• Strong understanding of financial market products such as Loans, Bonds, Equities & OTC.
• Adaptable and culturally aware. Experience of working in a global environment preferable.
• Ensure teamwork culture is practiced.
• Ability to learn quickly
• Ability to communicate effectively (oral & written) & strong interpersonal skills.
• Strong analytical and quantitative skills.
• Well organized & able to clearly present results of work.
• Essentials Competent use of MS-Office – specifically Excel and Access.
• Working with multiple data sources and having confidence in figures and presentation.
• Accuracy-driven and able to self-review reports and other deliverables effectively.
• Be comfortable & willing to drive process improvement.
• Be able to constructively challenge.
• Be inquisitive.
• Knowledge of SAP and programming skills helpful but not required. SAP need to be learned quickly though.
• Should be diligent, thorough, shows initiative and is proactive.
• Proven ability to own and develop successful relationships with RPL, Operations and CSR
• Excellent team worker, able to work in virtual global teams and in a matrix organization
• Open minded, able to share information, transfer knowledge and expertise to team members
• Flexibility regarding problem solving
• Keeps pace with technical innovation and market driven initiatives
• Strong interpersonal/good negotiations skills are required
How we’ll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
Location- Mumbai
Role Description
Within Business Finance, we have Revenue Control & Financial Control functions. For each product / business line the Revenue control & Financial control responsibilities are segregated & well defined. As a Business Finance personnel, the core responsibilities is to ensure accurate reporting of periodic P&L, Risk and BS on the basis of sound business/ product understanding along with strong accounting & system knowhow.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
Work as an Independent contributor or manage below functions:
• Responsible for the accurate and timely production of daily T+1 P&L production, attribution, and analysis.
• Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
• Break investigation and resolution: Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc.
• Market Conformity Check exceptions resolution
• Balance sheet substantiation, i.e., obtaining requisite supports for GL accounts in line with MRP policy, FX Balance review
• Production of various MIS reports for the above businesses within agreed timelines
• Performs month end close activities - SAP journals, reconciliations, balance sheet substantiations and reporting
• Performs QA function for processes within his/her teams remit and regularly assesses the effectiveness of the checks
• Engages with CTB/SME (Change the Bank / Subject Matter Expert) in-order to deliver change
• First level of escalation for team issues and for stakeholder escalation
• Manages the resolution of product reconciliation break/exception items in a timely manner
• Process standardization across business
• Provides summary of KRI's for their business area and remediation plans where SLA 's are being missed and/or where issues exist
• Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
• Interaction with global stakeholders & auditors.
Your skills and experience
• MBA (finance) or CA / ICWA / CFA - preferred
• An experience of 5-7 years in the core accounting function of an organisation would be an advantage.
• Strong understanding of financial market products such as Loans, Bonds, Equities & OTC.
• Adaptable and culturally aware. Experience of working in a global environment preferable.
• Ensure teamwork culture is practiced.
• Ability to learn quickly
• Ability to communicate effectively (oral & written) & strong interpersonal skills.
• Strong analytical and quantitative skills.
• Well organized & able to clearly present results of work.
• Essentials Competent use of MS-Office – specifically Excel and Access.
• Working with multiple data sources and having confidence in figures and presentation.
• Accuracy-driven and able to self-review reports and other deliverables effectively.
• Be comfortable & willing to drive process improvement.
• Be able to constructively challenge.
• Be inquisitive.
• Knowledge of SAP and programming skills helpful but not required. SAP need to be learned quickly though.
• Should be diligent, thorough, shows initiative and is proactive.
• Proven ability to own and develop successful relationships with RPL, Operations and CSR
• Excellent team worker, able to work in virtual global teams and in a matrix organization
• Open minded, able to share information, transfer knowledge and expertise to team members
• Flexibility regarding problem solving
• Keeps pace with technical innovation and market driven initiatives
• Strong interpersonal/good negotiations skills are required
How we’ll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
💡 Quick Summary
Seeking a career-building opportunity? The Lead FINREG 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.
