Job Description

Role description

A Position Overview

Position Title

Assistant Manager Finance Controls

Department

F&A;

Level / Band

Manager

Role Summary:
- Systems Support and digital transformation

B Organizational Relationships

Reports To

DVP, Finance Controls

Supervises

None

C Job Dimensions

Geographic Area Covered

Corporate & Zonal Level Depts.

Stakeholders Internal

All departments

External

Statutory Auditors and System Vendors

D Job description
- Ensure Processes are updated covering all financial risks and their mitigation plans.
- Perform testing of various processes to identify area of control weakness and agree on the mitigation plan
- Loss event monitoring to ensure controls are put in place to avoid their future occurrence
- Ensure closure of various periodic deliverable with regard to companies act requirement on Internal financial controls and liaison with statutory and internal auditors to seek certification regarding adequacy of the same




- Carry periodic assessment of Balance sheet reconciliation for various assets and liabilities accounts to ensure nil financial exposure.
- Financial Controls Assessment Evaluation for various Functions to avoid any financial risk
- Risk control assessment for various functions to avoid financial and operational risks including process /SOP reviews
- Management and Group reporting on various financial control aspects
- Various adhoc reports /analysis /projects drive
- Review of current approval matrices of various functions
- Recommend approval authority matrices basis recommendation from various stakeholders and considering risk and controls in the process
- Conduct process review of various finance related process and come up with suggestions for improvement with respect to making the relevant process leaner, increase efficiency and strengthen internal controls

E Competencies

Competency For

Proficiency Scale Description

Demonstrating extraordinary

levels of energy and effort that

result in

📌 Manager - Financial Control (Thane)
🏢 Tata AIA Life
📍 Thane