Senior Manager - Financial Repoting - BFSI

Please understand the role below :

KEY RESPONSIBILITIES :

- Periodically review the validity of the KRI & KCSA in the process.

- Develop new KRI & KCSA for new migrations or process changes as required.

- Ensure timely submission of the KRI & KCSA and highlight exception with effective action plans and target closure date.

- Review all exceptions reported in the KRI & KCSA for any underlying risk that has not been previously identified and highlight to the Business lead & Central Operation Risk team.

- Perform periodic process reviews and proactively identify Functional Risk existing in the process and highlight such risks to the Business lead & Central Operation Risk team.

- Act as SPOC for Audits and support Central Operation Risk team in review and consolidation of the audit requirement.

- Tracking and resolution for any audit issues raised in any GIA audit performed on the unit.

- Organize unit FORC on a monthly basis and provide inputs relating to the Global Financial Reporting unit to the Central Operational Risk team for discussion in wider forums.

- Ensure Service Review Meetings (SRM) is conducted as per ISP guidelines.

- Ensure the governance and controls around EUC are in place & perform review on the adherence of the process to the EUC Governance policy.

- Report Operational Risks, Near Misses, Potential and Operational losses on timely basis.

- Pass II Error: Review the RCA for the errors and challenge the business on the criticality and the action plans (for adequacy and effectiveness)

- Assist in coordinating, facilitating and promoting understanding of operational risk and in implementation and management of OR within the Unit.

- Good understanding of IFRS standards relevant for financial instruments i.e IAS 39, IFRS 7, 9, 13 for the purpose of preparing the financial statements.

- Collaborate within FSSC teams to coordinate and get inputs or raise issues that arise during the operational risk review.

- Perform/ Participate in the process risk analysis to identify and remediated gaps in the existing process.

- Participate and give suggestions in the finance transformation programme thereby enabling removal of manual workarounds.

- Maintain Financial reporting integrity and review all data included in the financial reports for accuracy and completeness

- Complying with all governance requirements - Process metrics review, Service review calls, BCP.

- Coordinate with internal and external auditors to provide timely information and support

- Building a strong functional and business knowledge in the teams.

- Assists in recruiting, training and evaluating employees.

QUALIFICATIONS AND SKILLS :

Qualified Accountant is a must : CA, CPA or CIMA (UK)

- 8 plus years post qualification work experience in areas relating to risk and controls, experience in Financial Reporting in a financial services industry would be added advantage.

Skills :

Functional :

- Prior experience of working in Legal entity Financial Reporting process.

- Sound of IFRS reporting standards and practices

- Extensive working experience in different financial and accounting systems

- Experience of working in a global financial services organisation in a matrixed environment.

- SOX and internal controls experience preferred.

Behavioural :

- Prior experience of managing small /mid size teams

- Strong analytical and problem solving skills

- Excellent network building and strong interpersonal skills to work with people from diverse culture and background.

- Demonstrates integrity and professionalism, with the intent to do the right thing at all times

- Ability to multitask and prioritize diverse tasks.

- Excellent project managerial skills and ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects required.

- Facilitate and coordinate multiple deadlines, create cohesive teams, and respond quickly to management requests.

- Proven ability to perform under pressure and stress and to adjust plans to meet changing needs and requirements.

Key Relationships For :

- Data Quality & Validation

- Central Intercompany Team

- External Reporting Team

- Central Accounting

- Head, Financial Reporting (country)

- Global Process Manager - Stakeholders in the end to end Group Reporting process

- FSSC customer

- Senior manager and process leader

KEY MEASURES :

- Timely submission of quality IFRS packs with nil adjustments and reclassifications

- Faster-close timelines met

- All group queries built in reporting and review processes so that they do not recur

- Reduction /Elimination of manual and late adjustments

- Process accuracy maintained at 100% at zero tolerance levels

- Employee attrition levels within the agreed FSSC targets

- Nil audit points.

AUTHORITIES :

As given from time to time by the Functional Manager

JOB HOLDER :

- LINE MANAGER

- BUSINESS HR