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IDFC FIRST Bank | Senior Financial Reporting Analyst | Mumbai | Bharat | BigDataKB.com | 19 Oct 2022

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19/10/2022

Job Location: Mumbai

Job Title:
Senior Financial Reporting Analyst

Place of work

: Mumbai

Business Unit:
Finance

Function:
Financial Control, Regulatory Reporting & Taxation

Sub Function:
Financial reporting

Location:
Mumbai

Job Purpose:
Financial reporting as per the Indian GAAP & complete understanding of Ind AS as applicable for banks

Assisting in annual financial statements, Cash Flow Statement and disclosure in Notes to Accounts, providing finance related data for compilation of Annual Report like Management Discussion & Analysis, Director’s Report, Corporate Governance etc.

Assisting in various notes for submission to the Audit Committee/Board on Related Party Transactions, Proposed Dividend, Note on suspense/sundry accounts, Auditors remuneration etc.

Assisting in Significant Accounting Policy of the Bank and other guidance notes on for implementation by other departments

Co-ordination with Statutory Auditors for various audit requirements as part of Limited Review and Statutory Audit including Branch Audits/Internal Financial Control Audit/IT Audit

Co-ordinating with various stakeholders for timely submission of Long Form Audit Report & for RBI Inspection

Analytical Review of the Financials for decision making including peer group comparisons

Roles & Responsibilities:
Complete and thourough knowledge of IndAS guidelines like EIR, ECL, Leases, investments etc.

Hands on experience in preparation of IndAS financial statements in BFSI sector.

Assist the Financial Reporting team in various special projects like GL controls, monitoring, review of GL accounts etc.

Educational Qualifications:
Chartered Accountant

Experience (Min to Max):
4 – 5 Years

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