Suryoday Small Finance Bank - Head - Accounts/Finance & Taxation

Policy and Processes:

1. Drive adherence to all Finance and Accounts processes

2. Own statutory and internal reporting systems for all departments

3. Aid management decision in achievement of stated objectives regarding revenue and profitability

4. Support the CFO in decisions relating to Capital requirements and management, proposing investment strategies, and market research

5. Provide inputs to develop the framework for approval and requests for capital and budgeting 6. Provide and interpret financial information for the top management for decision making

Accounts:

- Align the CFO with updates on the business based on discussions with the business heads, Statutory Auditors, Tax Auditors, Tax Consultants, RBI etc. on accounting matters of the bank

- Prepare financial statements for presentation to the Audit Committee and the Board and ensure compliance with the accounting standards

- Coordinate for the audit of NPA accounts at zonal/branch offices and by statutory auditors

- Monitor and interpret cash flows and forecast future trends

- Track and monitor Cash Reserve Ratio (CLR ) and Statutory Liquidity Ratio (SLR)

- Arrange new sources of finance for the banks debt facility

Monitoring Sensitive Accounts, Regulatory Compliance & Statutory Reporting:

- Prepare the report on the inter-branch transactions, sundry deposits, suspense accounts and outstanding entries particularly in sundry and suspense accounts and provide the same to the CFO

- Prepare the memorandum regarding the status of outstanding entries in suspense accounts and present the same to the CFO

- Drive compliance with all applicable external and internal regulations and guidelines

- Drive all fiscal reporting activities for the Bank including revenue / expense reports, balance sheets reports, reports to funding agencies etc.

- Research and report on key performance indicators

- Analyse market trends and competitor performance

Taxation:

- Drive timely filing of returns pertaining to Income tax, Wealth tax, Service tax etc.

- Represent the bank before the appellate authorities i.e. CIT (Appeals), CCIT etc., with respect to matters under litigation, if required and attend assessment hearings

- Drive adherence to tax laws and regulatory guidelines to properly reflect the financial position of the Bank

- Drive compliance with all tax reporting requirements including income tax, sales tax and employment taxes