AVP- Financial Reporting - CA/CPA/CIMA - BFSI

Looking to hire a AVP- Financial reporting - IFRS

Qualified Accountant is a must - CA, CPA or CIMA (UK)

Post Qualification : 12 to 20 Years - AVP - Financial Reporting - IFRS

Location : Chennai

- Lead the IFRS 9 project implementation at Chennai and includes management and tracking of the overall IFRS 9 programme plans, milestones and progress.

- Ensure project level risks, issues and their mitigants and their resolution are documented reviewed and monitored consistently across the work streams

- Enable collaboration across project team and stakeholders; identify inter-dependencies between work streams and other projects.

- Upon implementation of IFRS 9, be the first point in Finance for understanding the PIP, drivers of change and links back to reported results and the trends in countries.

- Engagement in scoping out the requirements with respect to IFRS 9 and delivering a plan to execute the same

- Engagement with Data source/ Risk team / reporting infrastructure owners on quarterly reporting process / adjustments to the financial results.

- Responsible for reviewing and updating risks and issues relevant to their IFRS reporting schedules impacted by IFRS 9

- Engage with IFRS process standardization / automation team to co-pilot automation of IFRS schedules that have IFRS 9 impact

- Ensuring accuracy of financial numbers and key performance indicators and liaison with Group Financial reporting team to improve reporting process.

- Build and maintain effective control environment within the project to ensure data accuracy and completeness

- Work with Group Financial System (GFS) team, risk and technology to provide functional clarifications relevant to system changes based on source attributes based on business process.

- Transition the IFRS 9 reporting requirement from the project to Business As Usual (BAU) status.

- Keep abreast of new developments in IFRS/ Capital reporting from the EBA, assessing the impact and ensuring timely implementation

- Qualified Accountant is a must : CA, CPA or CIMA (UK)

- 7 to 20 plus years post qualification work experience with experience of managing large implementation projects in Finance including IFRS Transition in a large international bank is preferred or having experience in a IFRS Financial Reporting role preferably in a Financial services industry.

Skills ( Functional ) :

- Advanced knowledge of IFRS reporting standards and practices

- Extensive working experience in different financial and accounting systems

- Experience of working in a global financial services organisation in a matrixed environment.

- Good understanding of Banking products and services

- SOX and internal controls experience preferred.

- Strong knowledge of Microsoft desktop software (excel, word, access, etc), data mining skills.

- Ability to plan and manage data requirement for analysis and reporting.

Skills ( Behavioural ) :

- Strong leadership, relationship building and influencing skills and experience of working with top levels of management.

- Strong collaboration ability to ensure Finance and Risk as a whole work together closely on the implementation of this multi-year complex project.

- Manage the project team with perseverance to manage the tight project implementation deadline

- Excellent attention to detail

- Demonstrates integrity and professionalism, with the intent to do the right thing at all times

- Ability to multitask and prioritize diverse tasks.

- Excellent project managerial skills and ability to motivate teams to produce quality materials within tight time-frames and simultaneously manage several projects required.

- Leadership experience in organizing, planning and executing projects from conceptualization through implementation across multiple internal and external reporting and organizational lines.

- Strategic thinking and leadership experience with an emphasis on relationship management and communication at all levels within an organization.

Proven ability to perform under pressure and stress and to adjust plans to meet changing needs and requirements For :

- Stakeholders in the end to end IFRS Transition

- FSSC Stakeholder

- Senior manager and process leader

Key Measures :

- Seamless transition of all Financial Reporting processes as per project timelines.

- Seamless transition of the IFRS 9 reporting requirement from the project to FR teams

- Build and maintain effective control environment within the project to ensure data accuracy and completeness leading to Nil surprise.