Job Title: Consultant | Financial Services | Bengaluru | Finance Transformation
Financial Reporting- Techno functional Role (Financial Services only)
Qualification: Chartered Accountant
Industry: Financial Services only
Experience: 2-3 Years
Location Hyderabad (1st Preference), Chennai (2nd Preference), Bangalore (3rd Preference)
Job Description
Ø Experience on preparation on Standalone and consolidated financial statements under IFRS/ UK FRS
Ø Understanding of complex IFRS and USGAAP reporting issues e.g., Derivatives, Hedge accounting, Securitization, etc.
Ø Prepare detailed accounting memos, presentations, and commentaries to explain significant variances by collaborating closely with business stakeholders.
Ø Support preparation of legal entity financial statements and balance sheet substantiation process
Ø Create and manage the preparation of weekly and monthly reports to support departmental and business needs.
Ø Provide assistance to the corporate controller, assistant controller and accounting manager on key accounting tasks/deliverables.
Ø Prepare and analyze financial statements monthly, including income statement, balance sheet, and statement of cash flows.
Ø Experience in identifying opportunities to improve the reporting process and raise with relevant team.
Ø Coordinate requests and responses from/to stakeholders, e.g., auditors, etc.
Ø Strong experience in performing controls testing, design and implementation testing, operating effectiveness testing for various finance processes.
Ø Involved in finance transformation work as a Finance Change BA having strong experience in either SDLC (Software Development Life Cycle) or Agile.
Ø Document business requirements, clearly by articulating assumptions, interpretations, non-functional and data requirements for large scale transformation programme.
Ø Experience in preparing project documentation such as Project Charter, Project Initiation Document, Business Requirement Document, Test Cases, UAT Testing and Project Closure Document.
Ø Tracking the progress of the project to be in line with agreed milestones and timelines and establishing and adhering to the escalation matrix in situations where necessary.
Ø Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.
Ø Interpret and analyze financial information posted to general ledger accounts.
Ø Prepare financial reports by collecting, formatting, analyzing, and explaining information.
Ø Knowledge of SQL, Python, R would be an added advantage.
Ø Possess a thorough understanding of the financial reporting and general ledger structure.
Ø Knowledge of financial consolidations, eliminations, and segment reporting.
Ø Excellent written and communication skills including preparation and presentation of verbal and written reports, presentations, and recommendations.