VP - Team Member - Indian US GAAP Internal Audit Finance with a Large Ptivate Bank

2 months ago


Mumbai, India Riverforest Connections Private Limited Full time

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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