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Kanpur

    Financial Accounting Expert - Kanpur, India - Outsized India Private Limited

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    Description

    At Outsized, we connect financial services and management consulting clients with high-quality independent consultants and boutique/specialist firms for their key projects.


    Our client, a top consulting firm, is currently looking for a seasoned Financial Accounting Specialist with expertise in banking for an on-site project in Riyadh. This project, initially planned for 3-6 months, has a high chance of extension, providing the chosen expert with an opportunity to impact financial practices within the end client bank.



    Key Responsibilities:
    • Develop and implement income recognition principles for Corporate, SME, and Retail businesses, encompassing yield-based and fee-based income.
    • Handle income recognition related to partners, integrating best practices in reconciliation, disputes, and clawbacks, including scenarios like Bancassurance Income, Loan Subsidization with government institutions, and transactions with partner payment firms.
    • Design performance reporting frameworks considering underlying assumptions and data sources, ensuring accuracy and insightful analysis.

    Requirements:
    • Strong background in financial accounting within the banking sector, especially in income recognition and performance reporting.
    • Must hold a CA, CFA, or an MBA in Finance from a reputable institution.
    • At least 10-15 years of relevant experience with a successful track record in financial accounting roles within the banking industry.
    • Demonstrated ability to present complex financial concepts clearly and interact effectively with senior stakeholders.
    • Proficiency in financial analysis and reporting, with a deep understanding of banking operations and income streams.
    • Expertise in managing financial disputes, reconciliations, and clawback procedures.
    • Strong quantitative skills for analyzing data sources and assumptions used in performance reporting.
    • Excellent communication and presentation skills to engage effectively with high-level stakeholders.

    Additional Information:

    This is a contractual opportunity for an initial 3-6 months based in Riyadh, Saudi Arabia. The selected candidate must demonstrate professionalism, technical expertise, and stakeholder management skills due to the project's strategic importance.

    If you are a Financial Accounting Expert with a strong background in the banking sector and meet the specified qualifications, we invite you to apply for this exceptional opportunity to contribute to a prestigious project with a leading consulting firm in Riyadh.


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