Manager - Financial Control - CA

Key Responsibilities:

Regulatory Reporting

• Support preparation and timely submission of key regulatory returns including ALE, ROR, RCA, etc., in strict adherence to RBI guidelines
• Assist during RBI inspections, including data preparation, addressing audit queries, and responding to ad-hoc regulatory requirements
• Support preparation of Ind AScompliant proforma financial statements

Annual Financial Statements & Audit

• Support preparation of annual financial statements in accordance with IGAAP and applicable regulatory requirements
• Coordinate and facilitate statutory audits, ensuring timely completion and liaison with Head Office and key stakeholders for approvals and regulatory submission

Treasury Accounting

• Apply practical accounting knowledge for derivative instruments, including forward contracts, Interest Rate Swaps (IRS), and Cross-Currency Swaps (CCS)

Budgeting & Forecasting

• Actively participate in annual budget preparation and rolling forecasts, working closely with departments to gather inputs and assess assumptions
• Perform detailed variance analysis: actuals vs. budget and actuals vs. forecast

MIS & Variance Analysis

• Compile and prepare comprehensive MIS reports for senior management, business heads, and internal stakeholders
• Prepare monthly performance summaries highlighting financial performance and key variances
• Monitor revenue streams, operating expenses, cost allocations, and profitability metrics
• Support strategic planning exercises through scenario analysis, financial modelling, and impact assessment

Opex / Capex Management

• Manage opex and capex budgets, monitor utilisation, and facilitate approvals for new initiatives
• Allocate costs of supporting units to business units in line with internal policies

Head Office & International Reporting

• Prepare IFRS-based reports for Head Office and for submission to overseas regulators (e.g., Taiwan, where applicable)
• Address queries raised by Head Office and overseas regulators

Tax & Statutory Compliances (TDS / GST)

• Handle monthly GST computation and reconciliation, ensuring accuracy of ITC, tax liability, and statutory compliance
• Ensure TDS compliance (non-salary), including coordination with tax consultants, return filing, and issuance of TDS certificates

Month-End / Year-End Closure

• Ensure timely month-end and year-end book closures, including provisioning, fixed asset capitalisation, depreciation runs, and reconciliations

Qualification & Experience

• Chartered Accountant (CA) with 610 years of post-qualification experience
• Minimum 45 years of experience in the banking sector, with exposure to regulatory reporting, audits, and statutory compliances
• Strong technical knowledge of IFRS and Ind AS, including hands-on experience in financial reporting, fair valuation, consolidation, and ECL / impairment frameworks
• Hands-on experience with SAP, Oracle FLEXCUBE (FCC), and other core banking / ERP systems
• Advanced proficiency in MS Excel, PowerPoint, and Word, including pivots, financial models, MIS dashboards, and data analysis
• Strong communication and stakeholder management skills, with experience interacting with auditors, regulators, senior management, and cross-functional teams
• In-depth understanding of RBI regulations, Basel norms, tax laws, GST/TDS compliances, and statutory audit processes
• Strong analytical and problem-solving skills with a focus on financial controls, reconciliations, process improvement, and risk mitigation
• Ability to work independently, manage multiple deadlines, and ensure high accuracy and compliance