Financial Reporting Specialist

Job Requirements

Job Requirements

Job Title:

Function/ Department:

Job Purpose

Responsibilities

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.
• Manage account payables and receivables activities, credit and collection activities
• 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 First’s 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
• Prepare daily cash flow reports and register all outstanding payment records
• 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:

Post-Graduation:

Professional Qualification:

Experience: