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    Senior Financial Reporting Analyst - Mumbai, India - IDFC FIRST Bank

    IDFC FIRST Bank background
    Banking / Loans
    Description

    Job Title: Senior Financial Reporting Analyst

    Business Unit: Finance

    Function: Financial Control, Regulatory Reporting & Taxation

    Sub Function: Financial reporting

    Experience (Min to Max): 8-10

    Location: Mumbai

    Educational Qualifications: CA

    Job Description :

    • Financial reporting as per the Indian GAAP & complete understanding of Ind AS as applicable for banks
    • Ensuring timely closure books of accounts (monthly & quarterly), preparing annual financial statements and disclosure in Notes to Accounts
    • Co-ordination with the Statutory and Internal Auditors and to ensure timely completion of Audit.
    • Preparing various notes for submission to the Audit Committee/Board on Related Party Transactions, Proposed Dividend, Note on suspense/sundry accounts, Auditors remuneration etc.
    • Analytical Review of the Financials for decision making.
    • Co-ordinate, review and provide support through appropriate inputs/financials to the teams for the yearly/quarterly MIS reporting.
    • Implementation of accounting related projects in various systems like CBS, Trade, Misys etc. for wholesale & Retail segments and also providing ongoing support for accounting related matters across the systems and products in the Bank
    • Reviewing product notes, designing accounting entries for the new products.
    • Process improvements, risks and controls assessment from the financial reporting perspective.
    • Building controls around GLs to prevent fraudulent/misuse of GLs, rationalisation of GL accounts and Chart of Accounts.
    • Assisting in Strategic initiatives like mergers & acquisitions, portfolio acquisitions, corporate restructuring etc.
    • Automation of manuals activities/compilation of data, system enhancements from accounting perspective

    An Ideal Candidate should possess:

    • 8-10 years of Banking experience in Financial reporting
    • Knowledge on accounting Software-Implementation
    • Experience in Financial Reporting & Audit
    • Experience in RBI Reporting & Finance Control Compliance
    • Working knowledge of IFRS accounting standards
    • Experience in Policy Formation in compliance with RBI Guidelines
    • CBS/GL Knowledge

    Industry Preferences :

    1. Banking, NBFC


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