Lead - LMS & Reconciliation Unity Small Finance Bank

7.0 - 11.0 years

0 Lacs

navi mumbai, maharashtra

On-site

As the Senior Manager in the Finance & Accounts department at Seawood, Navi Mumbai, your primary responsibility will be to lead the LMS & Reconciliation team. Your role will involve the following key responsibilities: - Responsible for system automation. - Review all LMS system GL analysis. - Monitor all bank level General Ledger (GL). - Review of general ledger and coordinate with stakeholders to ensure all GLs customer-wise break up are available and highlight any issues. - Responsible for End-to-End reconciliation of all LMS and Financial systems. - Coordinate with OPS/IT for control account differences, unreconciled, suspense accounts, and internal control accounts to resolve them. - Review accounting entries related to NPA, DA, PTC, Technical write-off, and guide respective stakeholders. - Monitor and submit the OA & OL listing for all LMS. - Monitor and control interoffice account ageing for all LMS and report to seniors. - Responsible for maintaining a listing of all open items. - Coordinate with OPS/IT and submit the RBI data requirement - IOA GL's. - Submit the monthly report on GL control and blocking of GL due to non-availability or breach of any control. - Deal with Statutory, internal, and concurrent auditors. - Preparation of MIS on a monthly/quarterly basis. - Provide timely and accurate financial information to internal and external stakeholders. - Recommend and implement process improvements to enhance efficiency and effectiveness. Additionally, you should possess the following core competencies: - Strong understanding of Financial and RBI regulations applicable to banks. - In-depth knowledge of GL maintenance, internal control principles, risk management methodologies, and compliance requirements. - Ability to work collaboratively with cross-functional teams. - Strong operational and execution skills. - Excellent communication and interpersonal skills. - Good understanding of the banking business. - Excellent working knowledge of MS Excel and PowerPoint. In terms of soft skills, you should have: - Excellent written and verbal communication and presentation skills. - Ability to work independently and in teams. - Ability to adapt to rapidly changing situations and work in high-pressure environments. - CA / 7-10 years of prior Finance department experience in a banking environment would be preferred. Please note that this job description is based on the information provided and additional details about the company were not included in the job description.,

Posted 2 days ago

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