Financial Control Associate - Bengaluru, India - NatWest Group
Description
Our people work differently depending on their jobs and needs.From home working to job sharing, visit the remote and flexible working page on our website to find out more.
This role is based in India and as such all normal working days must be carried out in India.Join us as a Financial Control Associate
- Hone your skills as you provide control of our financial ledger
- Work as a financial close enforcer, managing the control and governance of monthend close, late journals process and deliverables
- You'll be exposed to experts across the Finance function, putting you in a unique position to build a credible professional network that will open the door to excellent career developments
What you'll do:
In this role you'll be responsible for the delivery and integrity of monthly financial information, statutory and external reporting, value added commentary and analysis for your business area.
You'll provide, support and input into the end to end control and ownership of franchise and legal entity balance sheets for the franchise you support, as well as all change control initiatives.
Along with this, you'll support the delivery of full substantiation and reconciliation of the balance sheet and profit and loss accounts within a controlled framework.
Day to day, you'll:
- Provide input to and support process improvements using Lean techniques, ensuring existing work and development activities are the focus of continuous improvements
- Follow thorough analytical procedures over the balance sheet and profit and loss account to build an understanding of the business and its key drivers
- Support the development of process maps, identifying critical paths to create a plan and drive acceleration of the disclosure reporting process
- Prepare monthend accounting, such as journals preparation, reviews and account reconciliation and substantiation
- Undertake impact assessment of issues on overall financials, downstream processes and associated communications with different stakeholders
The skills you'll need:
To succeed in this role, you'll need experience in delivering core financial control and reporting outputs, including ledger close, balance sheet substantiation, statutory and management reporting and external audit.
You'll have experience in a financial services environment and knowledge of IFRS Accounting Standards, and ideally a CA, ICWA, MBA finance qualification or IFRS certification.
We'll also look to you to bring:
- An understanding of accounting flows and entries and the impact on financial statements
- The ability to identify, build and enhance key relationships at a senior level, influencing and challenging as required
- An understanding of data flows within an IT infrastructure and systems and the impacts on the reconciliations
- Experience of investigating and probing issues with crossbusiness impact
- Excellent analytical, root cause analysis and reporting skills
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