Deputy General Manager of Finance - Thoothukudi, India - Randstad India

Description

Age Minimum – 45 years and not more than 55 years as on

Educational

Qualification Graduate in any discipline and Chartered Accountant by Qualification

Experience

Ten years of experience in overseeing financial operations in the Bank (of which five years should be at Senior Management level), preferably accounting and taxation matters. Work experience at

Treasury/Financial Management/Risk Management /Credit Administration will be an added advantage

➢Managing the financial affairs, including management and statutory accounts together with

longer term financial projections and to ensure that the most efficient and effective financial

control systems and reporting mechanisms are in place.

➢ Preparing the year-end financial accounts for audit and to liaise with the Auditors prior to

finalization.

➢ Liaise with Inland Revenue, Customs and Excise, Income Tax Department and the Auditors.

➢ Takeover all GST matters and keeping abreast of current GST legislation.

➢ Managing all external contracts and to ensure that all the banks expenditure is correctly

authorized and accounted for.

➢ To ensure the overall smooth running of the banks internal administration and its cost-

effectiveness.

➢ To ensure the banks legal responsibilities are met, in particular that all necessary insurance

is properly in place.

➢ Direct accounting processes, overseeing the compliance of applicable legal regulations.

perform all kind of banking and financial operations.

➢ To follow the Long Form Audit report submitted by statuary auditors.

➢ Implementation of Ind As.

➢ Developing financial strategies at an organisational level by leading financial and

accounting information, analysis, and recommendations to strategic thinking and direction

of the Bank.

➢ Participating in the corporate decision-making process as a member of the management

team with joint responsibility for the development of long-term corporate strategies and

company policies.

➢ Management and Information Analysis: will be an advisor to the top management for

providing financial insights on the following: competitive benchmarking, performance

analytics, forecasting and budgeting, headcount and compensation forecasting, balance

sheet management / ROE, unit costing, client profitability, regional profitability and product

profitability. The Chief Financial Officer will also leverage corporate resources to

standardize reporting and automate processes.

➢ Have a deep understanding of capital and liquidity management. He will be tasked with

assisting on all funding decisions and helping to manage the balance sheet, capital dividend

policy, and allocation of capital.

➢ Monitoring and review finance related policies, procedures and practices in line with

international accounting standards, legal requirements and industry best practices.

➢ Along with the senior leadership team will be responsible for driving transformation and

delivering shareholder value.