Job Description
Job Title: Manager/Senior Manager – Accounts and Compliances .
Job Holder Name: Dept: SME – Compliance & Operations,CTC-16LPA,Location-Chennai.
: Job Requirements (Describe the educational requirements, suggested year and type of experience, nature and extent of skills/abilities required for the desired position).
Professional
Qualification Knowledge Skills Competencies
Commerce
Graduate/ ICWA-CA
with At least 4-5,Years of Relevant
Banking Experience Basic Accounting knowledge with reconciliation, SME Finance, Dealer Finance products. Accounting, Reconciliation, Operations, customer Service. Innovation led transformation Result Orientation
Duties & Responsibilities ( List in the order of importance the duties & responsibilities of this job) · To understand the purpose and intent of various policies and check adherence on ongoing basis. ·
To Identify instances of deviations from defined policies and provide feedback related to execution gaps to concerned process owners · To monitor the effectiveness of the internal controls and provide feedback to enhance it on ongoing basis. ·
To measure and monitor the critical parameters related to compliance process and ensure adherence to defined operational standard ·
To Ensure all Post Disbursement Compliances were Fulfilled like CERSAI/ROC etc ·
To Comply with all RBI guidelines and Compliance like CRILIC Return/UBO/CKYC identification and any other Compliances ·
To ensure Audit of 10% Sample Files Disbursed within 45 days of Disbursement · To ensure Submission Accurate Information and details to Various Audits Like Statutory Audit/RBI AUDIT/COSO Audits ·
To identify and highlight instances of non adherence to audit requirements ·
To document all the processes related to compliance operations · To review the effectiveness of the processes and revise the documents as per the revised process ·
To Ensure Customer Files and Documents were stored at RMC and proper control exercised with respect to Retrievals ·
To ensure completeness and correctness of MIS prepared and publish the same to various stakeholders ·
To Report NPA loans and Provisioning and other Monthly Reports to Corporate Accounts Team as per defined TimeLines ·
To reconcile Security Deposit Ledger on Monthly basis and Pass necessary Provision Entries on Monthly basis ·
To ensure CRM QRC were resolved as per defined TAT and System Solution is arrived for Repeated QRC · To Ensure all Transactions were recorded on the same day of Event and Daily Bank Reconciliation is done.
Highlight the non-Posted Transactions to IT Team for resolution and highlight the un accounted Credits/Debits to all concerned Teams for further identification. · To Check the Accounting Exceptions and rectify the same .
Collaborates with other departments like Corporate Accounts, system, Internal Audit, etc. to direct compliance, operational issued and its resolution and maximize output from support functions · To work closely with all the concerned departments like HO/Corporate Accounts, I.T, Tax etc to ensure the issues and challenges are resolved on timely basis.
List of internal and external stakeholders the role is expected to interact with to execute duties effectively Accounts, Internal Audit, IT, and Tax Departments
Job Holder Name: Dept: SME – Compliance & Operations,CTC-16LPA,Location-Chennai.
: Job Requirements (Describe the educational requirements, suggested year and type of experience, nature and extent of skills/abilities required for the desired position).
Professional
Qualification Knowledge Skills Competencies
Commerce
Graduate/ ICWA-CA
with At least 4-5,Years of Relevant
Banking Experience Basic Accounting knowledge with reconciliation, SME Finance, Dealer Finance products. Accounting, Reconciliation, Operations, customer Service. Innovation led transformation Result Orientation
Duties & Responsibilities ( List in the order of importance the duties & responsibilities of this job) · To understand the purpose and intent of various policies and check adherence on ongoing basis. ·
To Identify instances of deviations from defined policies and provide feedback related to execution gaps to concerned process owners · To monitor the effectiveness of the internal controls and provide feedback to enhance it on ongoing basis. ·
To measure and monitor the critical parameters related to compliance process and ensure adherence to defined operational standard ·
To Ensure all Post Disbursement Compliances were Fulfilled like CERSAI/ROC etc ·
To Comply with all RBI guidelines and Compliance like CRILIC Return/UBO/CKYC identification and any other Compliances ·
To ensure Audit of 10% Sample Files Disbursed within 45 days of Disbursement · To ensure Submission Accurate Information and details to Various Audits Like Statutory Audit/RBI AUDIT/COSO Audits ·
To identify and highlight instances of non adherence to audit requirements ·
To document all the processes related to compliance operations · To review the effectiveness of the processes and revise the documents as per the revised process ·
To Ensure Customer Files and Documents were stored at RMC and proper control exercised with respect to Retrievals ·
To ensure completeness and correctness of MIS prepared and publish the same to various stakeholders ·
To Report NPA loans and Provisioning and other Monthly Reports to Corporate Accounts Team as per defined TimeLines ·
To reconcile Security Deposit Ledger on Monthly basis and Pass necessary Provision Entries on Monthly basis ·
To ensure CRM QRC were resolved as per defined TAT and System Solution is arrived for Repeated QRC · To Ensure all Transactions were recorded on the same day of Event and Daily Bank Reconciliation is done.
Highlight the non-Posted Transactions to IT Team for resolution and highlight the un accounted Credits/Debits to all concerned Teams for further identification. · To Check the Accounting Exceptions and rectify the same .
Collaborates with other departments like Corporate Accounts, system, Internal Audit, etc. to direct compliance, operational issued and its resolution and maximize output from support functions · To work closely with all the concerned departments like HO/Corporate Accounts, I.T, Tax etc to ensure the issues and challenges are resolved on timely basis.
List of internal and external stakeholders the role is expected to interact with to execute duties effectively Accounts, Internal Audit, IT, and Tax Departments
💡 Quick Summary
Seeking a career-building opportunity? The Senior Manager | Accounts position is now open for candidates interested in the Accountant Jobs sector. This role in Chennai 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 Accountant Jobs is a plus.
