Lead - Financial Reporting.CAD-Financial Reporting

Mashreq Global Services

4 - 9 years

25 - 30 Lacs

bengaluru

Posted:1 week ago| Platform:

Apply

Skills Required

financial statements automation financial reporting accounting cad mis generation ifrs variance analysis wholesale core banking

Work Mode

Work from Office

Job Type

Full Time

Job Description

Preparation of monthly financial statements including semiannual reviewed financials and annual financials prepared as per International Financial Reporting Standards (IFRS) for Overseas branches .
Responsible for centralized accounting functions relating to MB Overseas (Bahrain Retail , Qatar, Kuwait, Oman , Bahrain Wholesale, India, New York, London & Hong Kong) and related MIS..
Prepare and present information to external auditors and regulatory authorities.
To perform accounting and control functions for Overseas branches in an efficient and timely manner such that it confirms to the requirements of International Financial Reporting Standards, regulatory authorities and Bank s Accounting Policies

The incumbent should be a Chartered Accountant (CA), Certified Public Accountant (CPA), or ACCA with over 4 years of experience in financial reporting and accounting with strong knowledge of IFRS and its application.

Proficiency in computer accounting software and core banking systems..

Preparation of financial statements, including semiannual reviewed financials and annual financials, in accordance with International Financial Reporting Standards (IFRS) for Overseas Branches.
Coordinate with external auditor in providing information required for their audit process. Managing financial notes in accordance with IFRS standards.
Prepare monthly financial reports for senior management, incorporating comprehensive analysis of variances
Perform comprehensive monthly variance analysis, ensuring timely identification of deviations from expected performance.
Support in Implementation of new systems or their upgrades along with testing of new products including reviewing product details, preparation of accounting entries.
Review outstanding items in Sundries Accounts of all Overseas Branches for follow up and escalate for settlement / write off instructions / approvals in line with APPM for Branches and take corrective action to safeguard against potential losses
Continuous review of areas requiring automation for generating MIS in an efficient and timely manner and carrying out testing for new or upgraded systems
Establishment of accounting procedures for new overseas branches.

More Jobs at Mashreq Global Services

Manager - IT.India - Technology.MIT

Mumbai

12.0 - 17.0 yrs

INR 22 - 30 Lacs

AVP Core Banking

Bengaluru

10.0 - 15.0 yrs

INR 30 - 35 Lacs

VP Core Banking Program-Payment Ops.TECH-Core Banking Program Staffing

Bengaluru

15.0 - 20.0 yrs

INR 37 - 45 Lacs

AVP Core Banking Program Payments&Digital Services

Bengaluru

6.0 - 11.0 yrs

INR 40 - 45 Lacs

Vice President-Core Banking-Finance Lead.TECH-Core

Bengaluru

15.0 - 20.0 yrs

INR 40 - 50 Lacs

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.