The Lead –

- Corporate Accounting is responsible for overseeing the bank’s financial accounting processes, ensuring accurate and compliant preparation of financial statements, managing month-end close, strengthening the control environment, and ensuring adherence to regulatory, statutory, and audit requirements. The role partners closely with auditors, compliance, tax, business finance,

and senior leadership to ensure financial integrity and high-quality reporting.

SECTION IV: KEY RESPONSIBILITIES &

- KPIS OF THE ROLE

Responsibilities KPIs

Strategy and

Planning

- Lead end-to-end accounting for the bank including GL review, reconciliations, and month/quarter/year-end close.
- Ensure timely and accurate preparation of financial statements in compliance with Ind AS, Companies Act, and regulatory norms.
- Review accounting treatments for complex transactions (investments, derivatives, impairments, provisions).
- Ensure alignment of accounting policies with Group/Bank guidelines.
- Ensure compliance with regulatory frameworks (RBI, Companies Act, Income Tax Act).
- Coordinate statutory audits, internal audits, and RBI inspections.
- Prepare and support financial inputs for regulatory submissions and disclosures.
- Manage SOX / Internal Financial Controls (IFC) compliance where applicable.
- Review and enforce controls around journal entries, reconciliations, and reporting processes.
- Ensure high-quality balance sheet substantiation and ageing analysis of accounts.
- Oversee GL integrity, chart of accounts changes, and accounting mappings.
- Lead and monitor account-level reconciliations, including suspense & clearing accounts.
- Collaborate with Operations, IT, and Treasury for accurate accounting entries.
- Strong knowledge of Ind AS, Indian GAAP, IFRS (preferred).
- Deep understanding of banking products, financial instruments, and regulatory norms.
- Solid analytical, problem-solving, and accounting judgment.
- High attention to detail, accuracy, and control orientation.
- Proficiency in core banking &
- ERP systems (Finacle, Oracle,



SAP, etc.).
- Excellent stakeholder and audit management skills.
- Experience in statutory audits, RBI inspections, and financial controls for

Policies, Processes &
- Procedures

- Provide financial insights to leadership to support strategic and operational decision-making.
- Maintain up-to-date knowledge of accounting standards, regulatory developments, and their impact on financial reporting.
- Strengthen the bank’s financial control environment through robust policies, processes, and documentation.
- Act as primary liaison for statutory auditors, internal auditors, and regulatory auditors.
- Prepare audit schedules, resolve queries, and ensure timely closure of audit points.
- Drive remediation plans for audit findings and strengthen control gaps. banks/NBFCs is highly desirable.
- Strong working knowledge of accounting standards, regulatory guidelines & internal control frameworks.

Relationship

Management

- Partner with Treasury, FP&A;, Tax, Risk, Operations, and Business teams for accounting queries and process improvements.

Risk and Internal

Control

- Accurate monthly/quarterly/year-end close
- Statutory financial statements & disclosures
- GL integrity & reconciliations
- Audit closure (statutory, internal, regulatory)
- Accounting policy updates & compliance
- Strengthening of control environment

People

Management

- Ensure timely reports and data submission

SECTION V: OPERATING NETWORK Internal Business Unit, For collating responses and information for submission to RBI

External RBI, For providing information sought by RBI, seeking and providing clarification on the data requirements

SECTION VI: ROLE PROFILE REQUIREMENTS

Education CA / CPA / MBA (Finance) preferred.

Experience 12-15+ years of experience in Corporate Accounting, Financial Reporting, or Banking Finance.

Competencies CORE COMPETENCIES LEADERSHIP/ BEHAVIORAL COMPETENCIES

- Customer and Quality Focus
- Professional Entrepreneurship
- Drive for Results
- Influence and Impact
- Integrity
- Lead and Develop people
- Enables Change
- Build transparent and inclusive teams

📌 Vertical Head - Accounting and Financial Reporting (Mumbai)
🏢 Yes Bank
📍 Mumbai