AVP - Financial Reporting - CA

Education Qualification - CA

1. Responsible for the Monthly & Quarterly Balance Sheet & P&L reporting as per IFRS & French GAAP to HO

2. Responsible for implementing the accounting policies (IAS GAAP, French GAAP and Local GAAP) of the bank and ensuring the overall integrity of financial data.

3. Responsible for Statutory/Head Office/Regulatory authority audits, certifications, LFAR & various certifications requirements for RBI, CCIL and others

4. Responsible for half-yearly review of accounts as per Indian GAAP and Annual Limited review of IFRS/French GAAP accounts.

5. Provide inputs on the introduction of new products/processes by the bank to Regional & Local teams

6. Ensuring appropriate controls of General Ledger, Contract database, Nostro Reconciliation, Sensitive/Suspense accounts balance monitoring/justification and other controls on defined frequency including taking post-Gl adjustment wherever required in coordination with different verticals of the finance department.

7. Prepare annual ICAAP document for the Bank & quarterly review of financials positions vis- vis ICAAP projections.

8. Act as a project manager for all automation related to different verticals of the Finance function.

9. Monitor/Implement changes in accounting regulations and their application in accounting software programs in cooperation with Head office project managers.

Accountable for interest rate reporting to Head office.

10. Drive process improvements including but not limited to automation

Main Duties:

1. Ensuring daily and monthly accounting and system controls are reviewed, measured, justified and validated.

2. Ensure all Head office reporting is done in an organized, scheduled and qualitative manner.

3. Ensuring Statutory Audit & other auditors are completed in a timely manner with close coordination with other departments of Banks.

4. Ensure Hedge accounting, ECL computation/posting by Head office tools are analyzed/reviewed and highlighting anomalies/issues to the concerned team for its resolution.

5. Ensure critical review of all systems, and existing processes and regular motivation and guidance of staff are done in a systematic and time-bound manner.

6. To be updated with the extant regulations related to the position and also see the big picture.

7. Responsible for the preparation of ICAAP documents and their follow-up on a quarterly basis.

Candidate Technical Skills :

1. Chartered Accountant, with at least 8-10 years of post-qualification experience.

2. Good knowledge of Accounting & Regulatory Norms, both Local GAAP and IFRS

3. Good grasp of the Reserve Bank of India Regulations.

4. Ability to grasp the working of the accounting/reporting systems

5. Good presentation skills