VP - Financial Control/Reporting - Investment Bank

One of the top MNC investment bank Captive hiring Financial Control & Financial reporting professional at VP level. Needs candidates who has relevant domain experience.

Experience required: minimum of 12 years out of which 4 years in Investment banking & banking area.

Qualification: CA/MBA

Responsibilities:

- Provides technical, analytical and business knowledge and is seen as adept on financial control & reporting matters Up to date with all regulatory changes and can articulate impact to the business

- Has a deep understanding of the end to end process and financial control framework and uses this to manage the team to deliver the right level of operational control

- Ensures FD/CEO has confidence in the control framework in place

- Well informed on current industry thinking; sharing knowledge and best practice with colleagues and internal network

- Responsible for proactively identifying continuous improvements to the financial control framework and works to deliver them in a consistent accounting treatment across Retail products

- Accountable for compliance to Group Policy

- Supports the impact assessment of regulatory change

- Actively involved with setting and implementing policy

- Influences strategy for the Financial Reporting & Control team by drawing on their previous work experience and roles bringing fresh insight and looking for best in class solutions and processes

- Runs detailed and complex analysis of the onshore business to include Profit & Loss, Balance Sheet and Off Balance Sheet to support

- Owns and provides fit for purpose commercially focused commentary in the CFO and Balance Sheet review packs

- Provides recommendations for areas to focus on and complete further in-depth investigation to mitigate risk and/or control issues

- Uses an innovative and fresh approach to critically review all operating processes and provide recommendations for improvements and efficiency savings/reengineering opportunities

- Negotiates with the Group Financial Control team and achieves consensus through conflict resolution when dealing with reporting issues raised by them during key reporting periods

- Responsible for keeping up to date with changes to the regulatory and compliance environment and assesses the impact to business area. Ensuring that the Business Partners are kept informed of the changes and how they impact their related business

- Assures the integrity of the products and services provided

Plus:

- Team Development

- Strategy & Planning

- Business Education

- Decision Support

- Business Performance Management