Client name - Utkarsh Bank  Location- Varanasi  Job Responsibilities:  Responsible for accurate and timely presentation and reporting of financial information of the Bank.  Establish accounting policies and procedures wherever required.  Compliance with financial regulations and standards wherever applicable.  Communicate both the Bank's expected and actual financial performance.  Overseeing the budget process, collecting of inputs and comparing the Bank's actual performance vis-a-vis the budget estimates.  Flagging risks to the finances - operational, market etc. And developing strategies to counter / mitigate the same.  CFO will have oversight of the following departments:  i. Department of Government and Bank Accounts:  Formulating the accounting policy of the Bank, maintaining the internal accounts and reporting of financial results through various statements of accounts, Balance Sheet and Profit & loss Account (performing financial controller type function).  ii. Corporate Strategy and Budget Department:  Formulation of policy relating to Provident Fund, Actuarial valuation of investments of various staff welfare funds in eligible Government Securities, preparation of notes to Board on the position of various funds and on PF interest rates.  Policy work relating to Budget, including consolidation of budget for the Bank as a whole, notes to Board / Top Management, sanction of additional budget, review and amendment of Expenditure Rules.  Prepare the policy and broad guidelines regarding Business Continuity Planning (BCP); however, the same would be implemented by departments concerned. Strategy for BCP would be framed by Risk Monitoring Department.  iii. Department of Corporate Services:  Framing guidelines for award of rate contracts for activities such as floatation of tenders for printing, distribution of publications.  Centralised procurement / arrangements of various stationery items, courier services etc.  Document Management System - framing policies and broad guidelines in respect of the system and preservation period of documents.  (ii) Qualifications:  Essential: He/she should be a qualified Chartered Accountant.  Desirable: Additional Degrees viz. CFA / MBA (Finance) / Certificate in Financial Risk Management from internationally acclaimed University / Associations like GARP.  (iii) Experience : A minimum of 15 years in overseeing financial operations in Banks /FIs /large financial companies/financial services organisations post acquiring CA qualification of which a minimum of 5 years should be as a full time Chief Financial Officer or an equivalent position in a regular capacity - and not in a contractual / adhoc capacity.  Anureet 9599597366 A2Z HR Developers

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Chief Financial Officer - CA - Bank  

Job Description for Chief Financial Officer - CA - Bank   in A2Z HR Developers in  UP Others for (15-23) years of experience. Apply Now!