VP - Team Member - Indian US GAAP Internal Audit Finance with a Large Ptivate Bank
2 months ago
Job Purpose
USGAAP related reporting and compliance requirements
Job Responsibilities
Preparation of various USGAAP workings of loan DSA and fee amortization Borrowings etc
- Prepare USGAAP loan disclosures working consisting of flow rate data / PD LGD data submitted by risk teams Segment wise / age wise / risk classification of the loan portfolio.
- Updation of DSA and Fee amortization schedules
- Process data to classify debt/borrowings longterm short term analyse prepare accounting entries prepare disclosure.
Compilation of 20 F & F Pages
- Compilation validation of various disclosure requirements including tables notes to accounts etc. as a part of annual (20 F) and semiannual (6K) documents filed with SEC.
- Assist in preparation of Banks financials as per USGAAP requirements.
- Assist in Implementation of new accounting updates / standards.
Coordination with Auditors
- Liaison and coordinate extensively with respective departments Internal Auditors Statutory Auditors and resolve their queries.
- Address auditors information requirements in close coordination with functional teams.
SOX and related compliance
- Coordinate with consultants to ensure completion of SOX documentation for annual reporting process
- Managing the SOX compliance and completion of SOX documentation for half yearly reporting process.
XBRL Compliance
- Assist in preparation of XBRL tags for F pages under USGAAP.
- Validate the XBRL files with original document to ensure proper conversion identify gaps / errors
Other Adhoc
- Supervision and Coordination of Employee Welfare Trust viz. monitor the trusts record keeping bank accounts disbursals investments statutory payments audit reporting etc.
- Prepare/ analyse/ reconcile/ compile/ validate/ Review documents related to public issue pertaining to capital fund raising through MTN/ADR/QIP
- Review / help in preparation of IGAAP disclosures adhoc RBI requirements etc
Key Skills
- Knowledge of GAAP and regulation
- Planning and Organizing Skills
- Communication
Educational Qualifications: CA
Experience Required
- Minimum experience in years 12yrs
- Exposure to banking preferablewith specialization in accounting and GAAP knowledge
Candidate Profile: Looking for a candidate with 12 yrs from a CA firm with experience in Internal Audit.
internal audit,internal auditor
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