Financial Reporting Specialist Job in IDFC
- Idfc First Bank
- 6 to 10 Yrs
- Other Maharashtra
- 11 months ago
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Job Description
- Job Title: Financial Reporting Specialist Function/Department: Finance/Retail Banking Job Purpose: The role bearer has the responsibility to perform prepare and establish various financial analyses, opportunities quantifications, financial projections and capital adequacy calculations in order to provide management with all required financial data, with utmost accuracy, timeliness, and within set standards and guidelines. The role holder is expected to maintain the MIS system and generate periodical analytical reports to facilitate decision making. The role includes liaising with different functions whenever financial analysis support is requested and perform ad-hoc financial analysis requested by senior management to support informed decision making. Roles & Responsibilities: Perform financial and accounting related activities in a timely manner Manage day to day operations to ensure the processes are executed within agreed SLAs Perform month end closing activities such as revenue accounting, expense accounting, account reconciliation, etc. Undertake regular self-assessments to ensure all new risks are actively managed and mitigated Measure financial ratios such as solvency, profitability, growth, etc.to determine IDFC Firsts financial position and propose enhancement recommendations. Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements and process improvements Ensure all operational documentation is maintained and is best in class Ensure financial and accounting reports are prepared in accordance to bank/regulatory rules and regulations Maintain the MIS parameters as per set guidelines and identify process improvements to streamline date collection and report generation processes Maintain accurate financial data and reports for submission to senior management Maintain funds transfer pricing process to measure the performance of different business units of the bank Address financial issues and inquiries in a timely manner Participate in regular audits and recommend corrective financial action plans Analytical review of the Financials for decision making Establishment of a properly staffed and appropriately trained Finance function Capture and share best- practice knowledge amongst the team Leverage in-house synergies through collaboration with internal stakeholders Keep abreast with global market trends and competitor strategies in key markets Create an environment that promotes collaborative learning and collective ownership of responsibilities Educational Qualifications: Graduation: Bachelor of Science (B.Sc) / Bachelor of Technology (B.Tech) / Bachelor of Computer Applications (BCA)/ Bachelor of Commerce (B.Com) Post-Graduation: Master of Science (M.Sc) /Master of Technology (M.Tech) / Master of Computer Applications (MCA) Master of Commerce (M.Com) Professional Qualification- Charted Accountant (CA) Experience: 6 - 10 Years of experience in Finance.,
Employement Category:
Employement Type: Full timeIndustry: BFSIRole Category: Not SpecifiedFunctional Area: Not SpecifiedRole/Responsibilies: Financial Reporting Specialist Job in IDFCContact Details:
Company: Idfc First BankLocation(s): Other Maharashtra
Keyskills: Financial analysis Accounting Financial projections Regulatory requirements Funds transfer pricing Staff management Knowledge sharing Decision making Market trends analysis
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About Capital First Limited: CFL is listed on BSE and NSE (Stock Code: CFL). The company provides Mortgage loans to SMEs against pledge of property, Gold Loans to retail customers, Consumer Durable Loans, Two wheeler loans, and senior secured Wholesale loans. During the last year the company expande...
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