Manager - Finance & Accounting - CA/CPA/CMA - BFSI

Job Description :

- GRG is enterprise wide critical SOX control function. GRG is responsible for the Corporate Account Reconciliation Policy; as well as monitoring and reporting on compliance issues to Sr. Management. Following are the major activities performed

- Completing quality assurance reviews and quarterly self-assessments to evaluate and report control points around the reconciliation process in their areas.

- Coordinating with reconciliation Approvers to ensure that all balance sheet Accounts and Bank Accounts are properly assigned ownership.

- Facilitate monthly Business Partner Calls to socialize policy and review outstanding non-compliance items as well as knowledge transfer opportunities.

- Monitoring and review of manual journal entries ensuring segregation of duties and approval flow is followed as per policy requirements.

- Ensuring that all non-credit reconciliation related charge-offs and recoveries are identified and reported to GRG.

Responsibilities :

- GRG Governance Analysts position includes, but is not limited to the following responsibilities:

- Advising, monitoring and/or assisting reconciling units on issue resolution.

- Timely and accurately completion of assigned reviews and dashboard reporting activities.

- Identifying the underlying risk in relation with accounting GAAPs, regulatory reporting and SOX requirements.

- Assessing SOX controls in reconciliation process.

- Identifying the account usage issues which are not in concurrence with chart of accounts and accounting GAAPs.

- Monitoring and evaluating risk related to reconciliation activity in conjunction with Corporate Audit.

- Taking necessary measures to ensure that action plans are developed to address compliance gaps and executed on a timely basis.

- Completing the required GRG training for employees engaged in the reconciliation process

- Monitoring and evaluating risk in conjunction with CFO Compliance and CFO Risk.

- Escalating and reporting key issues and status for review.

Requirements :

Education : CA/CPA/CMA

- Experience Range -2-6 years of experience in finance, accounting, Audit and/or operations.

Mandatory skills :

- Strong Accounting Standards Knowledge

- Desired Exposure to International Accounting & Reporting Standards (US GAAPs, FAS, IFRS)

- Strong organization and time management skills.

- Able to work in a fast paced, deadline oriented environment.

- Strong understanding of the reconciliation process and an aptitude for technical and project work.

- Proficient in the use of Excel, Word and MS Access

- Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint.

Desired skills :

- Six Sigma Certified

- Oracle and SAP experience

- Project Management experience

Work Timings : Shifts between 6.30 am to 12.30 am IST