Director - Financial Control - Bank

Director (Financial Control) opportunity with a Top MNC Bank (one of the largest investment bank)

Please note: Only existing Director / India Head / tenured VP from similar background need apply.

Experience required: CA with minimum 15+ years out of which 4 years in Sr. Capacity

Group Finance is part of the CFO organization. It has a cross-divisional (Investment Banking, Asset Management & Private Banking) and cross-regional (international location) scope with key management reporting responsibilities. The FP&A team operate in a dynamic & challenging environment with high exposure to senior management. This not only necessitates very high standards but also offers a clear way to demonstrate excellence.

This role will have overall responsibility for managing all activities of the Shared Services Finance and Group Finance team deployed to the CoE in Pune / Mumbai including the following:

- Production of the various monthly & weekly reports including

- Group Expense Reporting to the ExB/ Board of Directors

- Consolidated Shared Services Report

- Group Weekly P&L

- Group and Shared Services Flash Reports

- Group Collaboration Revenue Report

- Managing the Global Allocation process

- Managing the Planning and Forecasting teams in the Pune CoE

- Responsible for managing the Accounting Support Function driving restatements and reorgs within the Shared Services Functions.

- Data integrity of the various Essbase cubes and its administration and support

- Provide a high level of service and quality outputs to the Group Finance team in the sending locations, including fortnightly Governance meetings.

- Working with and maintaining productive relationships with various departments (Front Office Controlling teams, Shared Services Finance Team, Financial Accounting etc.). This involves attending Business meetings, supporting Change from implementation to sign off to execution/Business as usual

- Recruitment and retention of appropriately qualified accountants/ controllers in Pune and subsequent training.

- Ongoing improvement initiatives and extracting efficiencies from the teams

- Supporting the sending location on various ad-hoc tasks

Business as usual covers:

- Responsibility for all month-end reporting

- Responsibility for all month-end processes, including data analysis, integrity checks and Financial Summaries for management reporting

- Liaising with Senior Controllers across various departments in the Bank

- Understanding of end-to-end financial accounting / reporting environment

- Experience of operating in a KPO environment, governed by KPI’s defined per Service Level Agreements