Unity Small Finance Bank - Lead - LMS & Reconciliation

Title: Lead LMS & Reconciliation

Designation: Senior Manager

Department: Finance & Accounts

Reports to: Head - Business Operations

Location: Seawood, Navi Mumbai

Key Responsibilities:

Responsible for system automation.

- Review all LMS system GL analysis.

- Monitor all bank level General Ledger (GL).

- Review of general ledger and coordinate with stakeholder and get it certified that all GLs customer wise break up are available and highlight the issue if any.

- Responsible for End-to-End reconciliation all LMS and Financial system.

- Coordinate with OPS/IT for control account difference, unreconciled, suspense accounts and internal control accounts and resolve the same

- Review accounting entries - related to NPA, DA, PTC, Technical write off and guide respective stakeholder.

- Monitor and submit the OA & OL listing for all LMS

- Monitor and control interoffice account ageing for all LMS and repot to seniors

- Responsible for maintaining listing of all open items.

- Coordinate with OPS/IT and submit the RBI data requirement - IOA GL's

- Responsible for submitting the monthly report on GL control and blocking of GL due to non-availability or breach of any control.

- Dealing with Statutory, internal, and concurrent auditor

- Preparation of MIS on monthly/quarterly basis

- Provide timely and accurate financial information to internal and external stakeholders.

- Recommend and implement process improvements to enhance efficiency and effectiveness.

Core competencies

- Strong understanding of Financial and RBI regulations applicable to the banks.

- In-depth knowledge of GL maintenance, internal control principles, risk management methodologies, and compliance requirements.

- Ability to work collaboratively with cross-functional teams.

- Strong operational and execution skills.

- Excellent communication, and interpersonal skills.

- Good understanding of the banking business.

- Excellent working knowledge of MS Excel and Power Point.

Soft Skills

- Excellent written and verbal communication and presentation skills.

- Ability to work independently and in teams.

- Ability to adapt to rapidly changing situations and to work in high pressure environments.

Qualification

- CA / MBA

Experience

- 7-10 years (prior Finance department experience in a banking environment would be preferred)