We are seeking a senior leader to oversee general ledger (GL) hygiene, account reconciliation controls, and regulatory audit compliance. The ideal candidate will possess deep expertise in bank statutory/concurrent audits or bank inspection background to streamline GL accounts, design robust reconciliation frameworks, and resolve regulatory inspection observations.
Key Responsibilities
- Account Rationalization: Conduct a full inventory and rationalization of nominal, office, and General Ledger (GL) accounts across the bank.
- Control & Reconciliation Design: Design same-day reconciliation controls and institute surveillance reporting mechanisms for long-outstanding entries.
- Regulatory & Audit Closure: Address and close RBI inspection observations regarding account hygiene, supported by explicit,
documented evidence.
- GL & Suspense Account Governance: Oversee suspense account reconciliation, ensuring proper accounting treatment and risk mitigation across all financial channels.
- Education: Chartered Accountant (CA).
- Total Experience: 12+ years of relevant domain experience.
- Core Expertise: Deep background in bank statutory audit, concurrent audit, ex-bank inspection, or GL and suspense account reconciliation.
Preferred Background
- Current or former Partner / Director from a bank audit CA firm.
- Retired / Ex-Head of Inspection or Finance from a Public Sector Bank (PSB).