AVP/Vice President - Financial Accounting & Budgeting - Retail Banking

Looking for AVP / VP Finance & Accounts - Retail Banking with one of my banking client based in Mumbai.

Job Description :

- Perform financial and accounting related activities for Opex reporting in a timely manner

- Manage day to day operations to ensure the processes are executed within agreed SLAs

- Perform month end closing activities such as revenue accounting, expense accounting/provisioning, account reconciliation, etc.

- Contribute to the preparation of the budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified

- Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements and process improvements

- Ensure all operational documentation is maintained and is best in class

- Ensure financial and accounting reports are prepared in accordance to bank/regulatory rules and regulations

- Maintain accurate financial data and reports for submission to senior management

- Address financial issues and inquiries in a timely manner

- Participate in regular audits and recommend corrective financial action plans

- Analytical review of the Financials for decision making

- Establishment of a properly staffed and appropriately trained Finance function

- Capture and share best- practice knowledge amongst the team

- Leverage in-house synergies through collaboration with internal stakeholders

- Keep abreast with global market trends and competitor strategies in key markets

- Create an environment that promotes collaborative learning and collective ownership of responsibilities

- Attract and retain best-in-class talent for key roles in their reporting structure

- Ensure adherence to benchmarks/processes set up for finalizing commercials and other key parameters