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.
? 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 4-5 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
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