Posted By
Posted in
Banking & Finance
Job Code
328517
We are having an immediate opening at a Sr. Level for Financial Control Department with a leading Foreign Bank.
Location: Mumbai
Experience: 10-15 years
Qualification: CA
Duties and Responsibilities:
Financial Reporting
- Co-ordinate with Financial reporting teams to ensure efficient financial reporting to HO (under IFRS).
- Establish adequate audit trails for all reporting tasks within the section.
- Ensure proactive responses on HO reporting section matters and queries from HO.
- Ensure proper maintenance of books as per Group accounting principles including accounting plans
- Ensuring implementation of New Reporting Requirements from Head Office
- Manage and supervise team members
Local Finance (including 1st Level Controls)
- Performing Level 1 controls dedicated to local finance with adequate justification
- Control of reconciliations and detailing of sensitive accounts.
- Ensure that procedures are updated at all times for activities performed by the section
- Ensure integrity of data by exercising necessary controls and checks on the data reported or published.
Group management tools
- Ensure proper and complete usage of management tools provided for performing reporting activities including ISM tool.
- Develop efficiency by automating reporting activities to all phases of group reporting.
- Establish co-ordination with other sections on HO reporting and group accounting principles.
Relationship Management:
- Review and publish monthly financials of subsidiaries and MIS presentations to internal management and contribute to reporting for regulators.
- Ensure smooth relationship and efficient conduct of statutory audits of subsidiaries.
- Manage smooth relationship of the team with other sections, departments and functions.
- To take on such assignments as allotted by local management
- To interact and be updated on the finance and reporting related developments - with HO and region
Other skills:
- Train and improve efficiency of team members.
- Spearhead projects in areas pertaining to work domain and contribute to projects involving Finance department.
- Handle assignments as and when allotted by the management.
- Proactively assist local reporting section on queries from external auditors during audit of bank.
Anjali Poojari
Team People Tree
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Posted By
Posted in
Banking & Finance
Job Code
328517