Key Responsibilities

- Manage month-end, quarter-end, and year-end financial close processes for assigned treasury-focused entities, ensuring detailed review of trial balances, balance sheets, and profit and loss accounts.
- Review bank and cash accounting processes, including bank reconciliations, cash pooling, cash in transit, and restricted cash, ensuring accuracy in reporting and compliance with financial standards.
- Oversee intercompany balances, loans, funding, settlements, and interest calculations, investigating discrepancies and ensuring elimination-ready balances for accurate reporting.
- Conduct detailed reviews of treasury accounting activities, including borrowings, deposits, interest accruals, foreign exchange revaluations, and hedge accounting, ensuring compliance and accuracy.
- Analyze treasury-related profit and loss and balance sheet movements, preparing clear commentary on material funding, interest, and foreign exchange variances for stakeholders.
- Coordinate group reporting submissions, external audit processes, and timely closure of reporting, audit, and control actions for assigned entities, ensuring accuracy and compliance.
- Identify recurring exceptions and control gaps, driving root-cause remediation, standardization, and process improvements across financial operations.
- Collaborate with bank, treasury, intercompany, accounts payable/receivable, and other process teams to ensure accurate and compliant accounting outputs, influencing stakeholders effectively.

Overview

- The Manager, ICO Bank Accounting, is a pivotal role within the consulting sector, specifically situated in Bangalore.
- The position operates at Level 6, requiring 12-15 years of experience to initiate and influence financial activities.
- This role is crucial for ensuring the financial integrity of entities with significant treasury activities, focusing on maintaining accurate, compliant,



and audit-ready results.
- The manager will oversee detailed reviews of trial balances, balance sheets, and profit and loss accounts, with a strong emphasis on intercompany balances and treasury accounting.
- The role requires collaboration with various stakeholders to drive financial accuracy and process improvements.
- The incumbent is responsible for managing the financial integrity of assigned entities, focusing on treasury, funding, and intercompany activities.
- This involves detailed reviews of the trial balance, balance sheet, and profit and loss accounts.
- The role requires a particular focus on intercompany balances, cash management, loans, interest, foreign exchange, and treasury accounting, ensuring all outputs are accurate and compliant with standards.
- Located in Bangalore, this position plays a critical role in the consulting industry, requiring the management of financial operations for entities with significant treasury activities.
- The manager must ensure that all financial outputs are audit-ready and compliant, requiring strong individual ownership and collaboration skills.
- This role is instrumental in driving financial process improvements and resolving complex issues related to financial reconciliations.
- The role of Manager, ICO Bank Accounting, requires strong expertise in financial accounting and reporting, with a deep understanding of intercompany, bank, and treasury accounting.
- The manager will be responsible for managing month-end, quarter-end,



and year-end closes, reviewing treasury accounting for borrowings, deposits, interest accruals, and foreign exchange revaluations, and ensuring elimination-ready balances across entities.
- This position is essential for coordinating group reporting submissions and external audits, ensuring timely closure of reporting, audit, and control actions.
- The manager will work closely with key stakeholders, including group reporting, market treasury, and intercompany operations, to ensure accurate and compliant accounting.
- The role demands strong analytical skills, stakeholder management, and the ability to influence and drive process improvements across financial operations.

Requirements

- Robust experience in financial accounting and entity reporting, with expertise in trial balance reviews, balance sheet control, and profit and loss analysis.
- In-depth understanding of intercompany, bank, and treasury accounting, including cash pooling, funding, loans, settlements, interest, and foreign exchange operations.
- Thorough knowledge of IFRS 9, IAS 21, financial controls, and cash flow reporting, with a proven track record in group reporting and audit requirements.
- Exceptional analytical skills, with the ability to manage complex reconciliations and resolve issues within tight timelines, demonstrating strong stakeholder management and problem-solving abilities.
- Professional certification (CA, CFA, CMA, CPA, ACCA, CIMA) is preferred, with 7-10.11 years of relevant experience. Candidates without certification must have 12-14.11 years of experience supported by a degree in finance, accounting, or a related discipline.
- Demonstrated ability to drive process improvements and manage financial integrity through collaboration and strong individual ownership of responsibilities.

📌 Finance Manager, Treasury & Intercompany (Bengaluru)
🏢 Net Connect
📍 Bengaluru