AVP - Accounting & Taxation - BFS - CA

Look for 8-10 years of experience in MNC Banks (not captives/service centre as they don't do Indian reporting). CA must have been completed.

This position is responsible for :

1. Supporting monthly closing of accounts as per J-GAAP and I-GAAP, and periodical Head Office reporting, finalisation and statutory audit / limited review of financial statements.

2. Financial forecasts for Bank's annual Internal Capital Adequacy Assessment Process (ICAAP) reporting.

3. Monitoring and analysis of Forecasts vs. Actuals and periodical reporting to the Senior Management Committee (SMC).

4. Financial information, data and reports for RBI inspection, Risk-Based Supervsion (RBS), rating agencies, taxation or other authorities.

5. Financial analysis and MIS reports for ALCO, RMC, SMC & other committee meetings.

6. Analytical review and commentary on monthly, half yearly and annual J-GAAP and I-GAAP financials (including expense analysis) and management presentation.

7. Fixed assets capitalization and reporting and capital work in progress items monitoring, follow-up and control.

8. Ind AS pro-forma statements production and submission to RBI and preparation for full scale Ind AS implementation.

9. Supporting finance systems implementation including functional requirement documentation and user acceptance testing.

10. Process documentation and maintenance of internal procedures as per enterprise policy and standards.

11. Chart of accounts maintenance and control over Internal control accounts.

Knowledge & skills:

- Knowledge of financial accounting and reporting standards for banks

- RBI regulatory reporting,MIS reporting and presentation skills

- Knowledge of accounting and financial systems, primarily General Ledger,

- Knowledge of direct and indirect taxes

- Communication, collaboration and people management skills