Job Title:  Assistant Manager | Financial Services | Bengaluru | Finance Transformation

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

·      Manage complex accounting events such as manual journals, which are key to the ledger close, provide robust accounting and business insight into Trial Balance analysis, substantiation, exception management and book closure

·      Manage monthly and quarterly IFRS/FINREP/GSIB/Regulatory and MI Reporting and manual returns for legal entity.

·      Ensure consistent and Extensive involvement with all stakeholders.

·      With Deep and effective Engagement ensure process improvement and automation initiatives.

·      Be a Process Leader for one of the Financial Accounting work streams for the region and all legal entities within that.

·      Rigorously and consistently, Coordinate with the regional finance teams for preparation of accounts, timely closure of GL, completion of Site Reporting.

·      Operate effectively and efficiently within tight deadline for production and reporting activities; at the same time not to compromise on accuracy

·      Establish and run a strong quality control framework for outputs and activities.

·      Drive governance on exceptions. Seek inputs from various stakeholders

·      Lead new projects/assignments/process: Identify, Drive, Build & operate it as BAU and implement new technologies and drive process automation/ standardization.

·      Strategically and systematically, Connect with other departments for end to end and satisfactory service delivery.

·      Demonstrate exceptional, Ability to prioritize and plan work in an efficient manner.

·      Drive Transformation and Integration Initiatives

·      Deliver process improvement / efficiency. Partner with change management to support continuing process re-engineering initiatives.

·      Drive performance to agreed service levels and manage In-Country teams’ expectations in a timely and professional manner

·      Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism

·      Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).

·      Manage / Support In-Country relationship effectively.

·      Maintain defined operations Risk framework.

·      Adherence to Group policies, IFRS reporting requirements, audit, controls and compliance requirements. This also includes and is not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy 

·      Ensure BC plan is documented, agreed with In-Country team and tested for all the processes as agreed

·      Responsible for timely update and maintenance of RCAs, BIAs, PLAs and ensuring all other documents like the SOPs are in place and updated.

Ensure Robust back up planning for uninterrupted service delivery

Functional Knowledge

·      CA/CPA/ACCA/MBA/ICWAI with strong Financial Control and Stakeholder Management skills and strong background of IFRS norms are preferred. Overall post qualification experience of not less than 8-10 years for CA, MBA: 9-11 yrs

·      Prior experience in month end closure processes and Site Reporting is required

·      Strong knowledge of month end closure & Reporting processes at Financial Institutions will be preferred

·      Proven track record of role in controllership in BFSI sector and sound knowledge of financial products and businesses such as Commercial Banking and Global Banking etc.

·      Experience in managing mid-size teams in specialized functions

·      Working knowledge of FTP/HUB/Fusion etc.

·      Experience that demonstrates ability to deliver BAU and Change/ Transformation Projects

·      Experience in policy interpretation and implementation    

·      Experience of working with processes involving US GAAP / HIGAAP/ IFRS understanding

·      Understanding of Global markets, products, securities etc.

·      Good knowledge of Analytical tools, MS Access Database, SAS will have an added advantage

·      Change and transformation experience will be a plus

·      Experience of working with colleagues and stakeholders cross-border in a multinational organization

·      Working/detailed knowledge of Operational framework/rules

·      Previous tenured employment with a Financial Institution will be an advantage

·      Proven track record of leading by example in terms of values and behaviour

·      SME in the area of financial control & accounting and have an end-to-end knowledge in closure of books per IFRS

·      Extensive exposure in various aspects of Site Reporting (IFRS/FINREP/GSIB/Regulatory/ MI Reporting and Manual return) and have the ability to move to a hands-on approach.

·      Experienced in analytical review.