Job Description
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
Preparation of local financials (under Indian GAAP & as per RBI directives) and analysing the key drivers of Balance Sheet and Profit and Loss movement
Closing the annual financials of the bank and getting them audited
Preparation of regulatory (RBI) reports. Reports include DSB Returns, Form-A, Special Fortnightly Returns, Form-VIII, Form-X, etc.
BASEL-3 compliance including capital adequacy computation, Pillar 3 reporting, etc.
Responsibility for all reporting to RBI pertaining to Finance and reportings to the Board/Audit Committees in compliance with the Companies Act.
Coordination with RBI Inspection Team, Concurrent Auditors, Statutory Auditors, etc.
Bringing about ongoing change management through ADF implementation and automation
Requirements
Minimum 10 to 12 years experience in the Finance Department of a bank in similar capacity.
Well versed with banking products, accounting norms, and regulations.
Knowledge of all RBI regulations and RBI returns relating to the Financial Control function.
Education / Preferred Qualifications
Chartered Accountant
Core Competencies
Intelligence & Diligence: Ability to meet demanding deadlines
Good attitude and should be a team-player
Good communication and interpersonal skills
Change / Innovation Orientation
Technical Competencies
Prior experience in the banking industry as detailed above
Familiarity of prevailing accounting and RBI framework
Location:
Mumbai
Job:
Finance.
Schedule:
Regular
Employee Status:
Full time
