Financial Spreading (CRE/ C&I) - Associate, Pune

Department Icon Taxation
153+ Applicants
Posted: 2 days ago
3-5 years
Pune, Maharashtra
work from office

Posted: 2 days ago
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Applicants: 153+
Job Description
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Job Description

Job Title: Financial Spreading (CRE/ C&I) - Associate, Pune
Location: Pune (Hybrid)
Work hours: 11am to 8pm IST
Department: Lending Services (Banking)
Experience Level : 3-5 years
0-2 months notice candidates preferred due to business need
Key Responsibilities
  • Analyzing and spreading the financial statements on various financial platforms
  • Analysis of financial statements including Income Statement, Balance Sheet and Cash Flow Statement of public and private companies for the credit appraisal process
  • Knowledge of Property Operating Statements, Budget / Proforma statements, Tax Returns, Audited Annual statements
  • Going through the supplementary schedules of Annual report, notes, Budget, QSR reports, and MD&A for the detailed breakups and adjustments
  • Normalizing the financial statements for exceptional and non-recurring items to arrive at the true profitability figures
  • Knowledge of U.S. Commercial Real Estate (CRE) industry across property types - Multifamily, Affordable Housing, Office, Retail, Industrial, etc.
  • Calculating the Adjusted Net Worth, Recurring Cash Flows, Annual Debt Service, Contingent Liabilities, custom ratios and other financial metrics
  • Monitor Covenant compliance and reporting
  • Support with project scoping, end-to-end workflow management, MIS reporting, etc. Responsible for adherence to client SLAs and Policies
  • Identify ways for improvement in efficiency gains and process improvement
  • Regular communication with the client to ensure the expectations are met
Key Competencies

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  • MBA (Finance) / MCom / CA (CPA equivalent) / CFA
  • Experience of 2-5 years in spreading and covenant monitoring
  • Strong understanding of credit principles, policies, and regulations
  • Proficient in MS Excel
  • Good communication skills – both written and verbal to take client calls on regular basis
  • Exceptional organizational skills, including multi-task capability, priority setting and meeting deadlines
  • Ability to build collaborative relationships and effectively leverage networks to mobilize resources
  • Experience of working for a US based bank will be an added advantage

Skills

Tax ReturnsFinancial StatementsReportingTaxCa

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About Company

Acuity Analytics is a leading provider of cutting-edge analytics solutions, empowering businesses to make data-driven decisions and gain a competitive edge. With a team of expert data scientists, engineers, and consultants, we deliver customized solutions that address the unique challenges of each client. Our services include data visualization, predictive modeling, machine learning, and AI-powered automation. We are committed to innovation and excellence, and strive to exceed our clients' expectations in every project. Partner with us to unlock the full potential of your data and transform your business.
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Important dates & deadlines?

Application Deadline

17 Nov 26, 04:23 PM IST

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Financial Spreading (CRE/ C&I) - Associate, Pune

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