CA, 8-10yrs, Head/AVP - Financial Reporting

About Company

Headquartered in Mumbai, It offers its clients a large range of products and services in capital markets, investment banking, structured finance, and corporate banking. It is the Corporate and Investment Banking arm of the Group Bank, the 10th largest banking group worldwide.

The Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific, and the Middle East. 

Some of the awards and recognisation :-

• World Leader in Green and Sustainability Bonds in EUR and USD 
• Signatory of the Employees Human Rights Charter
• World Leader in Green Bonds in EUR and co-author of  the Green Bond Principles 
• Bank has appeared in the Global 100 Most Sustainable Corporations in the World 

Job Description

• Responsible for the Monthly & Quarterly Balance Sheet & P&L reporting as per IFRS & French GAAP to HO
• Responsible for implementing the accounting policies (IAS GAAP, French GAAP and Local GAAP) of the bank and ensuring overall integrity of financial data.
• Responsible for Statutory/Head Office/Regulatory authority audits, certifications, LFAR & various certifications requirement for RBI, CCIL and others
• Responsible for half yearly review of accounts as per Indian GAAP and Annual Limited review of IFRS/French GAAP accounts.
• Provide inputs on introduction of new products/ process by the bank to Regional & Local teams
• Ensuring appropriate controls of General Ledger, Contract database, Nostro Reconciliation, Sensitive/Suspense accounts balance monitoring/justification and other  controls on defined frequency including taking post Gl djustment wherever required in co-ordination with other verticals of the finance department.
• Preparation of annual ICAAP document for the Bank & quarterly review of financials positions vis-à-vis ICAAP projections.
• Act as a project manager for all automations related to different verticals of Finance function.
• Monitor/Implement changes in accounting regulations and their application in accounting software programs in cooperation with Head office project managers.
• Accountable for interest rate reporting to Head office.
• Drive process improvements including but not limited to automation

Main Duties:

• Ensuring daily and monthly accounting and system controls are reviewed, measured, justified and validated.
• Ensure all Head office reporting is done in an organized, scheduled and qualitative manner.
• Ensuring Statutory Audit & other auditors are completed in timely manner with close co-ordination with other departments of Banks.
• Ensure Hedge accounting, ECL computation/posting by Head office tools are analyzed/reviewed and highlighting anomalies/issues to concerned team for its resolution.
• Ensure critical review of all systems, existing processes and regular motivation and guidance of staff are done in a systematic and time bound manner.
• To be updated with the extant regulations related to the position and also be able to see the big picture.
• Responsible for preparation of ICAAP documents and its follow-up on quarterly basis.

Candidate Technical Skills :

• Chartered Accountant, with at least 8-10 years of post-qualification experience.
• Good knowledge of Accounting & Regulatory Norms, both Local GAAP and IFRS
• Good grasp on the Reserve Bank of India Regulations.
• Ability to grasp the working of the accounting / reporting systems
• Good presentation skills

Mandatory Requirement

Primary Job Profile :