Hybrid Assistant Vice President, Specialist, Fin Reporting & Accounting bei None

Business Function

Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

Job Duties & responsibilities

Ø  Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and trend analysis on performance indicators

Ø  Perform variance analysis and investigate discrepancies, providing explanations and recommendations to management.

Ø  Preparation of annual audited financials (under Indian GAAP)

Ø  Assist in the preparation of internal management reports and presentations.

Ø  Ensure compliance with internal controls and accounting policies.

Ø  Participate in the annual audit process, coordinating with external auditors and providing necessary documentation.

Ø  Research and interpret technical accounting pronouncements and implement new accounting standards.

Ø  Support the development and maintenance of financial reporting systems and processes.

Ø  Collaborate with other departments to gather and analyze financial data.

Ø  Capital adequacy preparation and analysis – under BASEL-3 and Pillar 3 reporting.

Ø  Preparation of returns including DSB Returns, Form-A, etc.

Required Experience 

Ø  Minimum 8 years’ experience in the Finance Department of a bank / non-banking finance company in similar capacity.  

Ø  Well versed with banking products, accounting norms and regulations.

Ø  Knowledge of statements and returns relating to the Financial Control function.

Education / Preferred Qualifications 

Ø  Chartered Accountant 

Core Competencies 

Ø  Intelligence & Diligence: Ability to meet demanding deadlines

Ø  Good attitude and should be a team-player

Ø  Good communication and interpersonal skills 

Ø  Change / Innovation Orientation

Technical Competencies 

Ø  Prior experience in the banking industry as detailed above

Ø  Familiarity of prevailing accounting and RBI framework