Employer : Leading Small Finance Bank
Position : AVP- Head - Financial & Regulatory Reporting
Job Location : Mumbai ( Chembur)
Roles and Responsibilities :
This position will be reporting into CFO and will be responsible for Financial Reporting (under Indian GAAP as well as Ind-AS (IFRS)) & Regulatory Reporting to RBI.
Key responsibilities will include but are not limited to:
• • Implementation of Ind-AS as per applicable timelines for the bank
• • Management of accounts including effective implementation of accounting policies & processes
• • Preparation of all financial statements and accounts for the audit and RBI reporting as per Ind-AS
• • Timely and accurate month and quarterly close
• • Ensure accuracy and completeness of analysis and data integrity
• • Interpret new Ind-AS requirements and apply in preparation of reporting schedules and related disclosures. The processes require sound understanding of Chart of accounts and Reporting.
• • Lead and execute process improvement initiatives within the team and improve efficiency.
Key responsibilities will include but are not limited to:
• • Implementation of Ind-AS as per applicable timelines for the bank
• • Management of accounts including effective implementation of accounting policies & processes (both Indian GAAP and Ind-AS)
• • Enable preparation of all financial statements and accounts for the audit as per Ind-AS / Indian GAAP
• • Timely and accurate month and quarterly close
• • Ensure accuracy and completeness of analysis and data integrity
• • Responsible for review and preparation of various period end accounting journals
• • Ensuring listing compliances, both for debt as well as equity listing
• • Responsible for timely regulatory compliances (including regulatory returns) related to Finance & Accounts department
• • Lead and execute process improvement initiatives within the team and improve efficiency.
Skills & Qualifications
• • Chartered Accountant or equivalent degree with 10-15 years of experience, preferably in banking industry
• • Knowledge of automated financial and accounting reporting systems
• • Good accounting knowledge is must (both Indian GAAP & Ind-AS). Should have worked on Financial Reporting profile; Knowledge of Regulatory Returns/compliances with RBI would be an added advantage.
• • Effective oral and written communication skills
• • Efficient leadership skills
Please send your CV with below details if this suits your requirement:
1. Current Salary
2. Expected Salary
3. Current Employer
4. Current Location
5. CA Batch ( i.e. May’14 / Nov’14 etc)
6, Current Location
7. Ok for Chembur, Mumbai Location- Yes / No
8. Notice Period
9. Experience in Financial Reporting ( in years)
10. Experience in Regulatory Reporting ( in years)
Regards,
Saket
Phenom Placement
saket@phenomplacement.com
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