Chief Manager/AVP/Assistant Director - Finance Specialist - Bank (4-10 yrs)
Chief Manager/AVP/Assistant Director - Finance Specialist(Ind AS) - BANK
Job Description :
- Implementation of new Indian Accounting Standards (Ind AS) / IFRS
- Ensure timely submission of reports required by RBI in respect of Ind AS implementation
- Ensure timely closure books of accounts (monthly & quarterly), preparing annual financial statements and disclosure in Notes to Accounts
- Co-ordination with the Statutory Auditors and to ensure timely completion of Audit.
- Ensure timely preparation of management packs/ reports as per Ind AS
- System Implementation to cater Ind AS requirements
- Analytical Review of the Financials for decision making.
- Co-ordinate, review and provide support through appropriate inputs/financials to the teams for the yearly/quarterly MIS reporting.
- Reviewing product notes, designing accounting entries for the new products.
- Process improvements, risks and controls assessment from the reporting perspective.
An Ideal Candidate should possess:
- Banking experience in Financial reporting - Indian GAAP / Ind AS
- Understanding of Ind AS accounting standards
- Experience in Financial Reporting & Audit - Indian GAAP / Ind AS
- Understanding of RBI Reporting & Finance Control Compliance
- Working knowledge of Indian GAAP accounting standards/ Basel requirements
- Working knowledge of Risk functions including provisioning
- Experience in Policy Formation in compliance with RBI/ Ind AS Guidelines
- CBS/GL Knowledge
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