Manager - Financial Control - CA

Key Responsibilities:

Regulatory Reporting

- Support preparation and timely submission of key regulatory returns including ALE, ROR, RCA, etc., in strict adherence to RBI guidelines

- Assist during RBI inspections, including data preparation, addressing audit queries, and responding to ad-hoc regulatory requirements

- Support preparation of Ind AScompliant proforma financial statements

Annual Financial Statements & Audit

- Support preparation of annual financial statements in accordance with IGAAP and applicable regulatory requirements

- Coordinate and facilitate statutory audits, ensuring timely completion and liaison with Head Office and key stakeholders for approvals and regulatory submission

Treasury Accounting

- Apply practical accounting knowledge for derivative instruments, including forward contracts, Interest Rate Swaps (IRS), and Cross-Currency Swaps (CCS)

Budgeting & Forecasting

- Actively participate in annual budget preparation and rolling forecasts, working closely with departments to gather inputs and assess assumptions

- Perform detailed variance analysis: actuals vs. budget and actuals vs. forecast

MIS & Variance Analysis

- Compile and prepare comprehensive MIS reports for senior management, business heads, and internal stakeholders

- Prepare monthly performance summaries highlighting financial performance and key variances

- Monitor revenue streams, operating expenses, cost allocations, and profitability metrics

- Support strategic planning exercises through scenario analysis, financial modelling, and impact assessment

Opex / Capex Management

- Manage opex and capex budgets, monitor utilisation, and facilitate approvals for new initiatives

- Allocate costs of supporting units to business units in line with internal policies

Head Office & International Reporting

- Prepare IFRS-based reports for Head Office and for submission to overseas regulators (e.g., Taiwan, where applicable)

- Address queries raised by Head Office and overseas regulators

Tax & Statutory Compliances (TDS / GST)

- Handle monthly GST computation and reconciliation, ensuring accuracy of ITC, tax liability, and statutory compliance

- Ensure TDS compliance (non-salary), including coordination with tax consultants, return filing, and issuance of TDS certificates

Month-End / Year-End Closure

- Ensure timely month-end and year-end book closures, including provisioning, fixed asset capitalisation, depreciation runs, and reconciliations

Qualification & Experience

- Chartered Accountant (CA) with 610 years of post-qualification experience

- Minimum 45 years of experience in the banking sector, with exposure to regulatory reporting, audits, and statutory compliances

- Strong technical knowledge of IFRS and Ind AS, including hands-on experience in financial reporting, fair valuation, consolidation, and ECL / impairment frameworks

- Hands-on experience with SAP, Oracle FLEXCUBE (FCC), and other core banking / ERP systems

- Advanced proficiency in MS Excel, PowerPoint, and Word, including pivots, financial models, MIS dashboards, and data analysis

- Strong communication and stakeholder management skills, with experience interacting with auditors, regulators, senior management, and cross-functional teams

- In-depth understanding of RBI regulations, Basel norms, tax laws, GST/TDS compliances, and statutory audit processes

- Strong analytical and problem-solving skills with a focus on financial controls, reconciliations, process improvement, and risk mitigation

- Ability to work independently, manage multiple deadlines, and ensure high accuracy and compliance