Senior Financial Assistant

• The Senior Financial Assistant will be responsible for accounting and reporting functions for Trust Fund business of the Bank. You will play a key role in maintaining a robust reporting and control environment for the Trust Fund Business and systems.
• You are expected to contribute to the institutional initiatives including financial accounting activities for assigned Trust Fund programs and reporting financial statements / information to the donors and program managers, new Trust Fund initiatives, Accounting Standard updates, and other system enhancements. You are expected to create efficiencies through automations and process re-engineering. You will also help meet client expectations and create impact to all stakeholders of the division.
• Ensure the accuracy, appropriateness, completeness, and control of information for the Trust Fund accounting and reporting:
• Execute day-to-day accounting functions involving fund transfers, expense transfers, interim budget recoveries, budget updates and cancellation of funds for assigned programs within the ambit of trust funds accounting / administration policies / procedures and agreed Service Level Agreement (SLA) parameters;
• Manage expense reposting requests from clients, review and process such requests efficiently in accordance with the reposting guidelines and agreed SLA;
• Assist external auditors by providing the required supporting documentation in support of financial statements, in coordination with various Country Offices, within the agreed service level agreement (SLA) parameters;
• Initiate procedures to close assigned trust funds when due and return unutilized funds as per the procedures after completion of closure process;
• Monitor and resolve inconsistencies in master data /general ledger using exception reports;
• Compilation of the relevant legal documents and the general ledger extracts to serve as back up documents for the financial statements for trust funds requiring audit;
• Lead/Participate in automation projects and coordinate with technical teams on system changes, bug fixes, enhancements and testing.
• Contribute to the continuous improvements and process enhancement initiatives surrounding Trust Fund processes aimed at simplification and/or enhancements to process quality and controls;
• Provide inputs and actively participate in various institutional projects;
• Provide a variety of metrics / charts to be included in overall departmental operations report to measure progress of operations at Chennai vis-a-vis agreed norms for management information and action.
• A graduate with professional certification -Chartered Accountant or Certified Public Accountant 0 to 1 year post qualification experience Proven working experience on accounting and reporting processes using automated accounting systems preferably SAP Exposure to various reporting tools like Alteryx, Power BI will be an advantage

Knowledge and Skills:

• Demonstrated good judgmental and analytical skills;
• Excellent problem-solving skills;
• Proficiency in SAP and Microsoft Office tools; Good interpersonal and communication skills (both written and oral); Strong client-focus and excellent team player;
• Ability to deal sensitively in multi-cultural environments and build effective working relations with clients and colleagues;
• Ability to function effectively in multi-disciplinary teams within a matrix environment.