AVP - Finance Governance & Controls - BFSI

Job Responsibilities:

Finance Governance and Controls

Finance Governance and Controls is a global function with inclusion of activities like - SOx testing, Conformance Testing, Conformance Reviews and preparation of MI's for the Senior Management in the Finance function.

Governance, Assurance and Reporting

Conformance Reviews are performed by the Assurance team to discharge the Financial Reporting Key Risk Officer (FRKRO) of his responsibility to assess Financial Reporting Key Risk (FRKR) control environments in relevant Business Units and Functions

Governance supports compliance to the Financial Reporting Key Risk framework by way of designing innovative governance solutions, Control testing, and MI Reporting. Professionals in this function assist in developing strategy and drive implementation across the Organization.

Finance in relation to the complex policy, various operational risk workstreams, methodology or framework, with focus on improving efficiency and effectiveness of compliance.

Reporting team partner with business to provide management reports to assure senior stakeholders on the integrity of the financial information confirming CVAP.

Overall purpose of role:

Co-ordinate and deliver on Assurance for Finance across Group that includes conformance review activities directed by the Group Key Risk Officer (GKRO).

Set standards, approach and methodology for Finance.

Perform control issue/observation remediation.

Promote adherence to policies for Financial Reporting, providing assurance and oversight.

Provide support and guidance to aid the resolution of business strategic and control issues.

Track and monitor control issues.

Assist in developing strategy and drive implementation across the organization in relation to the complex policy, methodology or framework, with focus on improving efficiency and effectiveness of compliance

Involved in development of generic process, procedure and risk & control assessment in relation to complex policies, methodologies and framework

Assist in supporting governance function and or governance providers on complex policies, methodologies and frameworks

Effectively manage all stakeholders including:

- BFSS Operations Senior Management,

- Onshore Senior Management in UK and other geographies.