Core Responsibilities
General Ledger Balance Substantiation:
Managing the process of reconciling all balance sheet and off-balance sheet items to independent verifiable sources.
Manage governance and reporting process on certifying of GLAO (General Ledger Account Ownership) month-end balances.
Ensuring system controls are in place to maintain data quality and efficiency in financial reporting.
Assessing the recoverability of asset balances and monitoring the validity of payables and accruals.
Escalating long outstanding unreconciled balances to GLAO.
Assessing and documenting controls for new products or services to mitigate potential risks.
Ensuring automation of financial reports by preparing User Story / perform UAT
Internal Financial Controls Review
Managing business processes and policies to maintain and strengthen internal controls.
Assist in audits and monitoring internal controls.
Ensure quality control over financial transactions and financial reporting.
Review of ICOFR (Internal Controls over Financial Reporting) on reporting.
Implementation of recommendations ( if any) by Concurrent Auditor, Statutory Auditor, Internal Auditor
Financial Control & Automation
Reviewing exception and control reports for control accounts to ensure proper management of inter-system or inter-business unit postings.
KPIs
- Ability to interpret financial and environmental data, including strong analytical abilities and proficiency in data analysis tools
- Proficiency in financial modeling, risk analysis, ESG reporting and compliance frameworks (like TCFD, SFDR, ISSB, EU Taxonomy), and financial/data analytics software
- Sound understanding of banking regulations and compliance requirements.
People Management/Self Management
- Accuracy and timeliness in reporting
- Control mindset
- Eye for detail
- Good in communication (verbal and written) and Interpersonal Skills
- Strong Team player
- Ability to meet tight deadlines and handle tough situations
Risk and Internal Control
- Ensure timely and correct submission of data / information to Reserve Bank of India , other authorities
Ensure timely closure of reports
