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Opportunity For Standard & Control - Chennai

2.00 to 7.00 Years   Chennai   18 Mar, 2022
Job LocationChennai
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    Roles and Responsibilities Direct Responsibilities Contribute to the performance of 2nd level accounting controls on a list of key areas defined bincluding deal and position reconciliations, nostro reconciliatins, manual entries, dormant accounts, risk rating and provisioning, intercompany reconciliation, internal deals, FX sell-down etc. Identify system / control deficiencies and propose solution to improve the accounting control environment Ensure that the Accounting Control Repository Database is updated with the changes in accounts, controls and ownership Based on the Accounting Control tools, generate and release the Account owner sign-off and first level control certification workflows Monitor account and 1st level control sign-off and escalate problems identified. Contribute to the preparation of the Entity Control Reports that provides Chief Financial Officers with an overview of accounting control outcome on a monthly basis. Monitor Accounting Control outcomes through key performance and key risk indicators Prepare ad hoc control memo upon request when an issue is identified. Ensure the good coordination with the Regional Financial Reporting team, in particular whenever an accounting issue needs to be addressed Participate to Finance Projects linked to Accounting Controls Report incidents and accounting issues. Technical & Behavioral Competencies 1. Qualified Chartered Accountant 2. Accounting degree or equivalent 3. 4 to 7 years experiences on accounting audit or accounting controls 4. Banking (mandatory) 5. IFRS knowledge (Preferable) ,

Keyskills :
financial reportingcontrol environmentfinancial justificationintercompany reconciliationriskifrsdealsmanualnostrofinancebankingcontroldatabasereportingownershipindicatorsrepositoryperformance

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