Chief Manager - Corporate Accounts

Chief Manager- Corporate Accounts Mumbai

Industry: Banking/Financial Services

Function: Accounts / Finance / Tax / CS / Audit

The ideal candidate should hold a Final Chartered Accountant (CA) or Institute of Cost Accountants of India (ICWA) qualification, preferably with 3-4 years of relevant industry experience.

Here's a breakdown of the responsibilities:

- Period End Finalization of Accounts: Prepare and finalize financial statements in compliance with Indian Accounting Standards (Ind AS).

- Audit Coordination: Liaise with Statutory Auditors during quarterly and year-end audits, ensuring smooth and timely completion of audit processes.

- Group Reporting & Fit For Consolidation (FFC) Certification: Provide accurate financial data for group reporting purposes, including certification through Hyperion software for consolidation.

- NPA Provisions and ECL Analysis: Handle Non-Performing Asset (NPA) provisions in accordance with Reserve Bank of India (RBI) norms, and prepare Expected Credit Loss (ECL) analytical data for both audit and management requirements.

- CARO 2020 Reporting: Ensure compliance with the Companies (Auditor's Report) Order, 2020 (CARO 2020) reporting requirements.

- Other Financial Reporting Tasks: Undertake any additional tasks associated with financial reporting as required by the organization.

- Tax Compliance: Ensure timely and accurate preparation and filing of various tax returns, including income tax, GST, and other indirect taxes.

- Coordinate with tax advisors and authorities to address any queries or assessments.

- Financial Analysis and Forecasting: Conduct financial analysis to support decision-making processes, including variance analysis, trend analysis, and forecasting.

- Provide insights into financial performance, key drivers, and potential risks and opportunities.

- Internal Controls and Compliance: Develop, implement, and monitor internal control procedures to safeguard assets, ensure compliance with regulatory requirements, and mitigate financial risks.

- Conduct periodic internal audits to assess the effectiveness of controls and recommend improvements.

- Treasury Management: Manage cash flow, liquidity, and investment activities to optimize the organization's financial resources.

- Monitor banking relationships, negotiate terms, and ensure compliance with treasury policies and procedures.

- Financial Systems and Process Improvement: Evaluate existing financial systems, processes, and procedures to identify opportunities for streamlining, automation, and efficiency improvements.

- Lead or contribute to projects aimed at enhancing financial reporting capabilities and internal controls.

- Stakeholder Communication and Relationship Management: Communicate financial results, forecasts, and insights to internal stakeholders, including senior management, board of directors, and business unit leaders.

- Build and maintain effective relationships with external stakeholders, such as auditors, regulators, and financial institutions.

Mumbai