Job Description
Audit & Assurance/Assurance (A&A)
Treasury Accounting
Your potential, unleashed.
India’s impact on the global economy has increased at an exponential rate and Deloitte presents an opportunity to unleash and realize your potential amongst cutting edge leaders, and organizations shaping the future of the region, and indeed, the world beyond.
At Deloitte, your whole self to work, every day. Combine that with our drive to propel with purpose and you have the perfect playground to collaborate, innovate, grow, and make an impact that matters.
The team
Assurance is about much more than just the numbers. It’s about attesting to accomplishments and challenges and helping to assure strong foundations for future aspirations. Deloitte exemplifies the what, how, and why of change so you’re always ready to act ahead. Learn more about Audit & Assurance Practice
Your work profile
In our Assurance (A&A) Team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations: -
Desired qualifications:
BFSI experience
•Expertise and prior work experience in technical accounting (Financial Instruments and hedge accounting) is a must
•Accounting for all Treasury instruments (Bonds, FX including Derivatives reporting such as Interest rate Swaps and Cross Currency interest rate swaps, Options, Bond Forward etc)
•Practical experience on application of Hedge Accounting (including hedge documentation and hedge effectiveness testing) under IFRS/Ind AS, US GAAP and ICAI guidance note. Such experience should include:
✓Assistance in accounting for designated hedge P&L classified to OCI, appropriate release from OCI, hedge ineffectiveness entries, mark-to-market entries, etc. Identifying key assumptions and understanding the impact of various inputs into valuation models, deriving creative solutions that involve collecting and analyzing market data used in the hedge effectiveness testing, analyzing third party valuations, challenging assumptions, and performing sensitivity analyses
✓Assistance in preparation of hedge documentation and hedge assessment/measurement for derivatives including credit valuation adjustment (CVA), netting, and collateral adjustment.
•Accounting for complex areas like embedded derivative, debt vs equity, compound instruments etc.
•Professional experience with CA or consulting firm should comprise of at least of these elements-
✓Accounting whitepapers
✓Complex accounting services
✓GAAP conversions (either first time or regular reporting)
✓Multi- GAAP reporting (i.e. separate regulatory GAAP and parent reporting GAAP)
✓SEC filings and other US GAAP reporting
✓Attest/ non-attest services on technical accounting issues
✓Statutory audit of clients other than Accounting Standards
Location and way of working
•Base location: Mumbai
•This profile involves frequent travelling to client locations.
•Hybrid is our default way of working. Each domain has customized the hybrid approach to their unique needs.
Your role
We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society.
In addition to living our purpose, across our organization must strive to be:
•Inspiring - Leading with integrity to build inclusion and motivation.
•Committed to creating purpose - Creating a sense of vision and purpose
•Agile - Achieving high-quality results through collaboration and Team unity
•Skilled at building diverse capability - Developing diverse capabilities for the future
•Persuasive / Influencing - Persuading and influencing stakeholders
•Collaborating - Partnering to build new solutions
•Delivering value - Showing commercial acumen
•Committed to expanding business - Leveraging new business opportunities
•Analytical Acumen - Leveraging data to recommend impactful approach and solutions through the power of analysis and visualization
•Effective communication – Must be well abled to have well-structured and well-articulated conversations to achieve win-win possibilities
•Engagement Management / Delivery Excellence - Effectively managing engagement(s) to ensure timely and proactive execution as well as course correction for the success of engagement(s)
•Managing change - Responding to changing environment with resilience
•Managing Quality & Risk - Delivering high quality results and mitigating risks with utmost integrity and precision
•Strategic Thinking & Problem Solving - Applying strategic mindset to solve business issues and complex problems
•Tech Savvy - Leveraging ethical technology practices to deliver high impact for clients and for Deloitte
•Empathetic leadership and inclusivity - creating a safe and thriving environment where everyone's valued for who they are, use empathy to understand others to adapt our behaviors and attitudes to become more inclusive.
How you’ll grow
Connect for impact
Audit & Assurance/Assurance (A&A)
Accounting Advisory
Our exceptional team of professionals across the globe are solving some of the world’s most complex business problems, as well as directly supporting our communities, the planet, and each other. Know more in our Global Impact Report and our India Impact Report.
Empower to lead
You can be a leader irrespective of your career level. Our colleagues are characterised by their ability to inspire, support, and provide opportunities for people to deliver their best and grow both as professionals and human beings. Know more about Deloitte and our One Young World partnership.
Inclusion for all
At Deloitte, people are valued and respected for who they are and are trusted to add value to their clients, teams and communities in a way that reflects their own unique capabilities. Know more about everyday steps that you can take to be more inclusive. At Deloitte, we believe in the unique skills, attitude and potential each and every one of us brings to the table to make an impact that matters.
Drive your career
At Deloitte, you are encouraged to take ownership of your career. We recognise there is no one size fits all career path, and global, cross-business mobility and up / re-skilling are all within the range of possibilities to shape a unique and fulfilling career. Know more about Life at Deloitte.
Everyone’s welcome… entrust your happiness to us our workspaces and initiatives are geared towards your 360-degree happiness. This includes specific needs you may have in terms of accessibility, flexibility, safety and security, and caregiving. Here’s a glimpse of things that are in store for you.
Interview tips
We want job seekers exploring opportunities at Deloitte to feel prepared, confident and comfortable. To help you with your interview, we suggest that you do your research, know some background about the organisation and the business area you’re applying to. Check out recruiting tips from Deloitte professionals.
Treasury Accounting
Your potential, unleashed.
India’s impact on the global economy has increased at an exponential rate and Deloitte presents an opportunity to unleash and realize your potential amongst cutting edge leaders, and organizations shaping the future of the region, and indeed, the world beyond.
At Deloitte, your whole self to work, every day. Combine that with our drive to propel with purpose and you have the perfect playground to collaborate, innovate, grow, and make an impact that matters.
The team
Assurance is about much more than just the numbers. It’s about attesting to accomplishments and challenges and helping to assure strong foundations for future aspirations. Deloitte exemplifies the what, how, and why of change so you’re always ready to act ahead. Learn more about Audit & Assurance Practice
Your work profile
In our Assurance (A&A) Team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations: -
Desired qualifications:
BFSI experience
•Expertise and prior work experience in technical accounting (Financial Instruments and hedge accounting) is a must
•Accounting for all Treasury instruments (Bonds, FX including Derivatives reporting such as Interest rate Swaps and Cross Currency interest rate swaps, Options, Bond Forward etc)
•Practical experience on application of Hedge Accounting (including hedge documentation and hedge effectiveness testing) under IFRS/Ind AS, US GAAP and ICAI guidance note. Such experience should include:
✓Assistance in accounting for designated hedge P&L classified to OCI, appropriate release from OCI, hedge ineffectiveness entries, mark-to-market entries, etc. Identifying key assumptions and understanding the impact of various inputs into valuation models, deriving creative solutions that involve collecting and analyzing market data used in the hedge effectiveness testing, analyzing third party valuations, challenging assumptions, and performing sensitivity analyses
✓Assistance in preparation of hedge documentation and hedge assessment/measurement for derivatives including credit valuation adjustment (CVA), netting, and collateral adjustment.
•Accounting for complex areas like embedded derivative, debt vs equity, compound instruments etc.
•Professional experience with CA or consulting firm should comprise of at least of these elements-
✓Accounting whitepapers
✓Complex accounting services
✓GAAP conversions (either first time or regular reporting)
✓Multi- GAAP reporting (i.e. separate regulatory GAAP and parent reporting GAAP)
✓SEC filings and other US GAAP reporting
✓Attest/ non-attest services on technical accounting issues
✓Statutory audit of clients other than Accounting Standards
Location and way of working
•Base location: Mumbai
•This profile involves frequent travelling to client locations.
•Hybrid is our default way of working. Each domain has customized the hybrid approach to their unique needs.
Your role
We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society.
In addition to living our purpose, across our organization must strive to be:
•Inspiring - Leading with integrity to build inclusion and motivation.
•Committed to creating purpose - Creating a sense of vision and purpose
•Agile - Achieving high-quality results through collaboration and Team unity
•Skilled at building diverse capability - Developing diverse capabilities for the future
•Persuasive / Influencing - Persuading and influencing stakeholders
•Collaborating - Partnering to build new solutions
•Delivering value - Showing commercial acumen
•Committed to expanding business - Leveraging new business opportunities
•Analytical Acumen - Leveraging data to recommend impactful approach and solutions through the power of analysis and visualization
•Effective communication – Must be well abled to have well-structured and well-articulated conversations to achieve win-win possibilities
•Engagement Management / Delivery Excellence - Effectively managing engagement(s) to ensure timely and proactive execution as well as course correction for the success of engagement(s)
•Managing change - Responding to changing environment with resilience
•Managing Quality & Risk - Delivering high quality results and mitigating risks with utmost integrity and precision
•Strategic Thinking & Problem Solving - Applying strategic mindset to solve business issues and complex problems
•Tech Savvy - Leveraging ethical technology practices to deliver high impact for clients and for Deloitte
•Empathetic leadership and inclusivity - creating a safe and thriving environment where everyone's valued for who they are, use empathy to understand others to adapt our behaviors and attitudes to become more inclusive.
How you’ll grow
Connect for impact
Audit & Assurance/Assurance (A&A)
Accounting Advisory
Our exceptional team of professionals across the globe are solving some of the world’s most complex business problems, as well as directly supporting our communities, the planet, and each other. Know more in our Global Impact Report and our India Impact Report.
Empower to lead
You can be a leader irrespective of your career level. Our colleagues are characterised by their ability to inspire, support, and provide opportunities for people to deliver their best and grow both as professionals and human beings. Know more about Deloitte and our One Young World partnership.
Inclusion for all
At Deloitte, people are valued and respected for who they are and are trusted to add value to their clients, teams and communities in a way that reflects their own unique capabilities. Know more about everyday steps that you can take to be more inclusive. At Deloitte, we believe in the unique skills, attitude and potential each and every one of us brings to the table to make an impact that matters.
Drive your career
At Deloitte, you are encouraged to take ownership of your career. We recognise there is no one size fits all career path, and global, cross-business mobility and up / re-skilling are all within the range of possibilities to shape a unique and fulfilling career. Know more about Life at Deloitte.
Everyone’s welcome… entrust your happiness to us our workspaces and initiatives are geared towards your 360-degree happiness. This includes specific needs you may have in terms of accessibility, flexibility, safety and security, and caregiving. Here’s a glimpse of things that are in store for you.
Interview tips
We want job seekers exploring opportunities at Deloitte to feel prepared, confident and comfortable. To help you with your interview, we suggest that you do your research, know some background about the organisation and the business area you’re applying to. Check out recruiting tips from Deloitte professionals.
💡 Quick Summary
Seeking a career-building opportunity? The Treasury Accounting Manager position is now open for candidates interested in the Accountant 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 Accountant Jobs is a plus.
