Manager - Finance - BFS - CA/ICWAI

JOB DESCRIPTION - MANAGER - FINANCE

Functional Title: Finance Manager

Report To: Finance Head

Required Experience: 5+ years experience in Finance department of Bank

Required Qualification: CA/ICWAI

Required Skills: Analytical skills, Interpersonal skills, ability to work within tight deadlines.

BASIC RESPONSIBILITIES :

1. Support the management Committee in defining the business strategy for the bank and steering the bank through the implementation of the strategy.

2. Budgeting :

- Responsible for preparation of annual budget, Capital and Financial forecasting and planning

- Responsible for reporting and reviewing income and expenses on a monthly basis.

- Monitoring actual performance vs budget

- Providing the management with financial advice based on the analysis of the actual business results vis a vis strategic business decision.

3. Audit :

- Responsible for Audit finalization/ Sign Off ( RBI, Statutory, internal audit etc ) and other certification work. Co-ordinate with external auditors during year end visits.

4. FINANCIAL ACCOUNTING & GL :

- Responsible/ Incharge for the banks entire financial accounting.

- Responsible for overall GL structure.

- Ensuring daily GL balance tracking and GL balancing, proper recording of all financial entries in the financial system.

- Preparation of financial statements / annual P&L statements

- Responsible for monthly, quarterly and annual financial statements in conformity with Indian accouting standards and RBI Guidelines

- Responsible for annual report and disclosure requirements.

5. REGULATORY COMPLIANCES :

- Ensure compliance to all accounting related regulations and norms.

- Compliance of direct/ Indirect tax laws and Company Laws.

- Responsible for all tax matters (Income tax, Service tax)

- Regulatory reporting to RBI in form of variously prescribed returns. Regulatory returns (DSB)

6. INTERNAL CONTROL :

- Monitor and control the expenses and timely vendor payments

7. Support in preparation of financial statements in conformity with Indian accouting standards and RBI Guidelines

- Annual report and disclosure requirements