Senior Role - GL Accounts - BFSI

Major Activities :

Key Performance Indicators :

Closing of books :

- Monthly closures all income, expenses provisioning, prepaid to be accounted for

- To be completed in EOM+ 1 day

Finalization of financial statements :

- Finalizing quarterly and annual financial of standalone companies and console level with compliance of I-GAAP, also get the same audited.

- Revisiting accounting policies in line with business needs.

- Standalone financials within 6 working days from EOM.

- Consolidated financial within 3 working days from finalizing standalone financial.

Responsible for releasing quarterly newspaper publication with presentation to ACM :

- Releasing quarterly newspaper publications in conformity with SEBI guidelines.

- Presentation to be made to ACM with highlighting major activities taken during quarter and resolving queries.

- Releasing quarterly publications within time frame decided by BOD.

BCP Plan :

- Introduce Archival of schedules/ information

- Within 1 month from date of Board meeting

To Build customer relationship :

- Interaction with auditors, regulators, investors, Board, other departments Treasury, CEO office, Analytics, Secretarial

- Customer satisfaction ongoing basis

To improve transaction work flow process for smoothen, process driven and accountable :

- Suggesting measures for bring down cost

- Introduce/ improve new/ existing process and document the same

- No. of cost saving measures recommended.

- No. of new initiatives w.r.t to process automations.

Team development : Expertise & skills :

- Imparting on the job training to juniors on technical developments

- Acquire new talent as per requirement.

- Engage and retain talent

- Establish process orientation through SOPs which also provide adequate business understanding

- Developing people to take additional responsibilities

- Delivery of quality service and adherence to Project timelines, Team attrition

Transaction processing outsourced and in house :

- Routine transactions through SSC

- Non routine statutory payments in

- On going house

Fixed Assets :

- Process improvement for accounting of Fixed Assets

- Physical verification of fixed assets (Each asset should get verified at least once in a period of 3 years)

- Compliance of CARO requirements

Treasury Mid office & Accounting :

Loan covenants :

- Compliance of loan covenants of term loans, debentures, CC limits, perpetual debt etc

- No non compliance

ALM :

- Preparation and presentation of ALM

- Timelines 10th of every month

Confirmation of borrowings & bank balance certificates :

- Arrange confirmation of all borrowings

- Arrange confirmation of all bank balances

- 10th of the month following the quarter

Bank Reconciliation Statement :

- BRS of all Treasury Accounts

- 3rd working day following the month

Treasury transaction processing :

- Receipt / Payment of borrowing / interest and pass accounting entries

- Complete recording by day end.