RBS - Associate - Financial Control & Reporting

About Royal Bank of Scotland:

We have been in India since 1921. With our in-depth local market knowledge coupled with our global network, we meet our clients- needs by bringing together capabilities including debt capital markets, international transaction services, FX and rates as well as providing balance sheet advisory and structuring. Our clients comprise blue-chip Indian corporations, leading multinational corporations, large financial institutions, the Indian Government and high net-worth Individuals. Using our global reach and drawing on the expertise of our local teams of professionals, we have led many of the biggest and most innovative landmark transactions in India for our corporate and institutional clients.

Witing RBS, Global Finance Services India is a part of RBS's Global Finance network providing a range of support services to multiple franchises and functions across RBS globally. GFS has a functional structure and are hubbed as global Centre's of Excellence.

Specialist Area: This team is responsible for core financial control & reporting including ledger close, balance sheet substantiation, supplementary data packs, production of statutory & management information for P&BB, C&PB, C&IB.

Job Responsibilities:

- Responsible for the delivery and integrity of monthly financial information (balance sheet, profit and loss account and data for Statutory reporting, value added commentary / analysis for the division supported, Fixed Assets accounting, Project accounting and reporting, Legal entity recharge accounting

- Month End Accounting - Journals preparation, reviews, Account reconciliation and substantiation

- Understanding of RBS Group legal entity structure and ensuring correct legal entity usage at the time of preparation and review of journals and balance sheet substantiation

- Understanding of Inter-company and contra account usage requirements and intercompany reconciliations and substantiation

- Provide and support input into the end to end control and ownership of divisional and legal entity balance sheets for the division supported.

- Support the delivery of a full substantiation and reconciliation of the balance sheet and profit and loss accounts within a controlled framework.

- Provide input and support process improvements using LEAN techniques, ensuring BAU and development activities are the focus of continuous improvements

- Awareness of changes to business requirements ensuring any impacts to outputs is sufficiently assessed and appropriate changes are implemented within required timescales.

- Stakeholder management, supporting effective and timely delivery of the disclosure reporting and KPI reporting on performance.

- Ensure processes and procedures adhere to the appropriate policies and control environment (incl SOX) governance.

- Timely identification and escalation of any potential risk and issue along with appropriate resolution

Requirements:-

- Finance professional preferably 3-5 years post qualification experience (ACA/ACCA/CIMA/MBA qualified or equivalent)

- Experience of working in a dynamic global environment

- Experience of working to tight deadlines and managing key finance deliverables.

- Experience of working in a financial control function - Reporting work stream desirable.

- Experience of working and building strong business relationships in a changing environment.

- Experience of working autonomously to prioritise own within a team environment.

- Strong communication skills, with the ability to clearly and succinctly articulate issues to senior management.

- Strong accounting skills and understanding of Balance sheet substantiation and month end.

- Interface with key individuals at a peer level and above within the business unit

- Understanding and knowledge of the drivers of business performance.

- Good problem-solving skills, with proven ability to apply finance knowledge and experience to a diverse range of financial issues.

- Good knowledge about financial control and reporting processes and accounting. Financial accounting knowledge with sound understanding of revenue, balance sheet, costs and headcount measures

- Sound working exposure on Microsoft Office, including strong Excel skills.

- Working knowledge on technical accounting skills.

- Working knowledge of the Group's structure and systems an advantage.

- Understanding of Banking business and products an advantage.

- Self-starter, with ability to work under own initiative within a team environment.

- Ability to effectively coach more junior colleagues.