Assistant Manager – Financial Accounting & Controls

JOB PURPOSE:

Maintenance of books of accounts of BANK & its subsidiary companies. Preparation of monthly MIS and quarterly financial reports of BANK & subsidiary companies.

Assist the Chief Accountant in preparation of quarterly Group financials and managing external audit requirements

Core Responsibilities:

Preparation of daily P&L and BS movement analysis

Maintenance of Chart of Account for the Bank and its subsidiaries

Month end close of books of accounts for BANK & its subsidiary companies

Preparation of monthly and quarterly financial reports for the Bank and its subsidiaries

Month end balance sheet substantiation

Act as a SPOC (special point of contact) for RCSA & operational risk related aspects of Finance department

Facilitate internal and external audits by maintaining organized financial records, responding to audit inquiries and implementing recommended improvements.

Regularly assess and enhance finance control processes, keeping abreast of industry best practices and technological advancements.

Work closely with various departments to establish and maintain effective communication channels regarding financial controls.

Maintain clear and comprehensive documentation of financial control procedures, ensuring transparency and facilitating audits.

Conduct detailed assessments to identify potential financial and reporting risks due to system issues and limitations. Provide periodic report to management.

Strong understanding of internal controls

Attention to detail and knowledge of relevant laws and regulations including banking are essential.

Ability to visualize potential real-life end to end business scenarios to design / strengthen controls

Interactions:

Various Internal Business Units, Internal Audit, Risk and operations units and external parties on need basis

Minimum Qualification:

Bachelor’s degree in finance, Accounting or any related field is required.

Minimum Experience:

Minimum 5-10 years’ of experience in financial services, preferably in the banking sector

Preferred certifications viz. Accounting or diploma internal control

Excellent communication and presentation skills

Experience working in fast paced and dynamic environment