Manager-Accounts

1 week ago


Bangalore Urban, India Ujjivan Small Finance Bank Full time

ROLE PURPOSE & OBJECTIVE

  • Preparation of Monthly Financials & related reports
  • Responsible for coordination of Corporate Audit – Statutory & Internal
  • Monitoring & Co-ordination of Statutory Compliances & related Schedules
  • GL Review & Reports
  • Review and Reconciliation of control Accounts on a daily basis
  • Fixed Assets Management
  • ESOP accounting and reconciliation.


KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials


  • Preparation of Draft Monthly Financials in Schedule III format
  • Preparation of half year and year end financials in Schedule III format as per requirements of Companies Act, RBI guidelines and ICAI pronouncements.
  • Monitor all RBI circular related to financial preparation and presentation.
  • Analysis & Review of Trial Balance and identification and rectification of wrong entries in a timely manner
  • Scrutinizing booking of entries related to payments, revenue, all expenses etc.
  • Ensure monthly closure activities are completed within the timelines.
  • Preparing P&L movement and analysis for difference on quarterly/ annual basis
  • Verification and monitoring of monthly schedules
  • Ensure Accuracy of monthly Provision number on month end for all the region
  • Responsible for preparation of Financial Report Return, RBI regulatory returns
  • Ensure on time filing of statutory returns with 100% accuracy
  • Monitoring and updation of chart of accounts
  • Review of Term Loan repayment and interest provision entries
  • Cross verification with Core banking systems and other systems for relevant information, MIS and compliances
  • Computation of rent equalization as per AS-19 on a monthly basis
  • Ensure IFC controls are followed across region
  • Responsible for sending MIS/ Reports to Regional Accounts Manager on allocations
  • Managing Trust related payments and maintenance of books of Accounts
  • Responsible for Fixed Assets capitalization for new additions and Assets Retirement as per process
  • Responsible for monthly rental payments for Ros & branch locations


Customer


  • Responsible for coordinating and data submission related to Audits - External and Internal
  • Responsible for Preparation of data, reports required for Tax Audit, Statutory Audit and attending audit queries
  • Monitor and Verify all Payments to Third Party Vendors


Internal Process


  • Assist Core project team for solution deployment within the set timeline
  • Co-ordinate with related parties on key deliverables at different stages of implementation as well as inputs for interface with various systems
  • Discuss Project status with key stakeholders at regular intervals
  • Preparation of department wise monthly Cost Center Report
  • Co-ordinate with Financial Analysts for preparation of Budget Vs Actuals Report on monthly basis


Learning & Innovation


  • Ensure that all the team members and regional managers across various regions are up to date on relevant tax laws
  • To update the person to whom I report on relevant legislations, professional publications viz, Companies Act, Income Tax Act, Service tax updates, Accounting Standards and other ICAI publications.
  • Monitor performance of fellow team members down the line and take corrective action wherever required.
  • Co-ordinate with other teams during statutory audit to ensure audit happens seamlessly.


Educational : CA



Experience: 5 to 15 years’ experience in Finance Space preferable.


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