Kirtane & Pandit - Financial Control Role - CA

Financial Control

Position: Financial Control (Mumbai)

Job Description:

Direct Responsibilities:

- Contribute to the performance of 2nd level accounting controls on a list of key areas defined in Standard Accounting Control Group Plan, including deal and position reconciliation, nostro reconciliations, manual entries, dormant accounts, risk rating and provisioning, intercompany reconciliation, internal deals, FX sell-down etc.

- Identify system I control deficiencies and propose solution to improve the accounting control environment

- Ensure that the Accounting Control Repository Database is updated with the changes an accounts controls and ownership

- Based on the Accounting Control Tools, generate and release the Account owner sign-off and first level control certification workflows

- Monitor account and 1st level control sign-off and escalate problems identified.

- Commute to the preparation of the "Entity Control Reports" that provides Chief Financial Officers with an overview of accounting control outcomes on a monthly basis.

- Monitor Accounting Control outcomes through key performance and key risk indicators

- Prepare ad hoc control memo upon request when an issue is identified

- Ensure good coordination with the Regional Financial Reporting team, in particular whenever an accounting issue needs to be addressed

- Participate in Finance Projects linked to Accounting Controls

- Contribute to operational permanent control framework

- Report incidents and accounting issues

- Technical and Behavioral Competencies

- Qualified Chartered Accountant

- Accounting degree or equivalent

- Experience on accounting audit or accounting controls

- Banking (mandatory)

- IFRS knowledge (Preferable)

- Solid understanding of financial instruments and developed skills in analysis of business supporting processes from accounting control perspective

- Knowledge of investment banking product

- Strong organizational skills, rigorous, and self disciplined

- Attention to detail and commitment to maintaining a strong control environment

- Good communication skills,(i.e. writing , listening, presentation)

- Advanced technical skills ( i.e.MS Word, Excel, Power Point , Access)

- Former audit experience or experiences on the accounting c-0ntrols within a Finance function in Banking and Financial Services (mandatory)