Responsible for local financial accounting, financial reporting & Regulatory reporting. The incumbent is expected to independently manage the said section.
Job Duties & Responsibilities
Preparation of local financials (under Indian GAAP & as per RBI directives)
Preparation of regulatory (RBI) reports. Reports include DSB Returns, Form-A, Special Fortnightly Returns, Form-VIII, Form-X, etc.
BASEL-3 compliance including capital adequacy computation, Pillar 3 reporting, etc.
Responsibility for all reporting to RBI pertaining to Finance and reporting’s to the Board/Audit Committees in compliance with the Companies Act.
Coordination with RBI Inspection Team, Concurrent Auditors, Statutory Auditors, etc.
Required Experience
Min 13 – 14 years’ experience in the Finance Department of a bank in similar capacity.
Well versed with banking products, accounting norms, and regulations.
Knowledge of all RBI regulations and RBI returns relating to the Financial Control function.
Core Competencies
Intelligence & Diligence: Ability to meet demanding deadlines
Valuable attitude and should be a team-player
Positive communication and interpersonal skills
Change / Innovation Orientation
Technical Competencies
Prior experience in the banking industry as detailed above
Familiarity of prevailing accounting and RBI framework
Proficiency in MS Office and particularly in Excel