Goal of the position :   BAU Responsibility for all operational accounting activities (preparer and reviewer) done in the region, responsibility for all accounting activities that produce GL entries   Will be the lead for Product Specialized Accounting COE, Expense Accounting COE, Close Consolidation COE, Cash & Deposit Accounting and will be leading a team of 200 plus professionals.   Data producer and provider to support Statutory, Reg. Reporting, Tax, Management Reporting   Equal partner to the Country, Business (where deemed necessary) and Legal Entity controllers   GAO Leader in the Region providing process leadership across all areas of GAO Responsibilities   Representation of all GAO GPO's in the region, direct escalation mechanism to GAO   Process controls, process oversight and process governance responsibility   Process Re-Engineering, Automation and Change Management Leadership across areas of GAO responsibilities (partnering with FRIBS)   Could have a dual role as a Global Process Owner for particular groups of processes   Business As Usual (BAU) Activities :   1) General responsibility for all operational accounting activities in the region that generate GL entries   2) End-to-end responsibility for major groups of accounting processes - Expense Accounting, Revenue Accounting, Specialized Accounting, AP, AR, Cash Governance, Reconciliations/Certifications   3) GL maintenance, GL operations and GL oversight   4) Close & Consolidation process responsibility (closing entries, aggregation, step-consolidations, equity pickup, etc.), production of results by LE, required variance analysis   5) Responsibility for all operational accounting activities (preparation and review) in the region for:   a. Product Accounting (SSGA, GSA products, etc)   b. Capital Markets Accounting (accounting for FX, Treasury Products, Derivatives, Loans, Repo, Deposits/Placements, Securities Portfolio, Structured Products, Securities Lending, FX S&T, Broker Dealer)   c. Specialized accounting areas (Payroll, FA, RE, etc.)   6) Statutory accounting   7) Intercompany accounting - processing and settlements   8) Accounting data producer and supplier to Statutory Reporting, Reg. Reporting, Tax, Management Reporting areas   9) Maintaining robust control environment: process controls, process oversight and process governance responsibility   10) Representation of all GAO GPO's in the region, direct escalation mechanism to GAO   11) Recipient of services from accounting centers residing in shared service locations (Chennai, Coimbatore), oversight of SLA execution on behalf of the region and GAO organization   Process Re-Engineering, Automation and Change Management   - Process Re-Engineering, Automation and Change Management Leadership across areas of GAO responsibilities with focus on the supported region   - Responsibility for ongoing process improvements in GAO areas of responsibility in the region   - Responsibility for execution of right-placement strategy in the region   - Implementation support of the GAO process re-engineering and automation (jointly with FRIBS) efforts in the region (GL roll-outs, sub-ledger process automation, implementation of specialized tools, work-flow tools, etc.)   - Could have a dual role as a Global Process Owner for selected groups of processes   Team Management Responsibilities   - Overall responsibility for the set-up,stabilization,scaleability of the Global Accounting Operation Center in India   - Work closely with the Head of Corporate Finance CoE & Global Head of GAO in order to make it self-sustaining center of excellence over a period of time   - Management of day-to-day activities performed by the GAO team located across the region through the different CoE leads   - Talent acquisition (hiring), training and development of staff, cross-training, ensuring back-ups   - On-going performance management, performance reviews,career planning and talent management   1. Pure Accounting experience - GL, AP, AR, Reporting, Reconciliation.   2. Experience in Banking domain (preferred third party) - Retail / Capital / IB (any)   3. Transformation challenges taken up during his operational experience ( example - huge ramp up, downsizing, creating profitability to client by reducing cost or TAT, etc.).   4. Qualified CA / CPA / CFA / ICWA - either of 1 mandatory.   Offered CTC: 60-70 lacs (80:20)   Job location - Chennai.   Team: 200-250 FTEs   P&L : 5-6Million USD - Global role   Shift timings: Should be flexible to work in shifts

Chennai

Head - Accounting Operations - CA/CPA/CFA/ICWA - Banking Domain 

Head - Accounting Operations - CA/CPA/CFA/ICWA - Banking Domain  ,Job Description for Head - Accounting Operations - CA/CPA/CFA/ICWA - Banking Domain  in Freelancer in  Chennai for (12-21) years of experience. Apply Now!

Job Description for Head - Accounting Operations - CA/CPA/CFA/ICWA - Banking Domain  in Freelancer in  Chennai for (12-21) years of experience. Apply Now!