Accounting Control Senior Analyst, AVP

Description

About Finance Control Oversight (FCO)

Finance Control Oversight (FCO) mandate is to support the Chief Financial Office by providing an aggregated view of risk and assist in managing these risks against the defined risk appetite. FCO also maintain strong connections in the regions and will support the regional CFOs across Americas, EMEA and APAC in their quarterly sign off of the Financials through the independent assessment of risks and control issues.

The team support Finance and other stakeholders, including Infrastructure and Businesses, by implementing a robust risk management framework including the management of the SOx and Balance Sheet Substantiation frameworks.

About the Role :-

The individual is required to perform Analytics, Risk reporting and assessment for the FCO team. The individual would need to assess risks based on Incidents, Risks identified through self assessments, Policy requirements etc.

The individual is required to possess strong stake holder management skills (including global stakeholders)

The individual must have a good understanding of Financial Reporting and the related processes The individual is expected to understand Sarbanes Oxley (SOx) related frameworks within the Risk & Control ambit. The individual is required to possess strong communication and articulation skills that could be demonstrated in all forms of communication and presentations The role involves front to back review of issues / findings / events to assess its impact of on Internal Control over Financial Reporting

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

Best in class leave policy Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above

Your key responsibilities

Risk Reporting :

1.Incident reporting :

Responsible for Incident reportingincluding engagement with line,challenging the line on details submitted, ensuring that write up correctly reflects the issue and calls out control gaps / failures, Incidents are reported as per policy and also recorded in Incident Reporting System (dbIRS) depending upon thresholds in a timelymanner.

The individual is expected to continuously monitor and track for Event Data Quality of the events as well as ensure timely closure of incidents within stipulated time frame.

2.Risk & ControlReporting:

Establish and implement procedures to monitor measure and improve productperformance against SOx, Control Policies, regularly measuring or receiving output of measurements to demonstrate areas of concern and compliance withstandards. Self-identified Issues: Liaise with business to understand issues, challenge ratings in line with the Rating Grid, ensure that SII write up clearly calls out the inherent risk, action plan, and ownership and due date is agreed with all impacted parties. Follow up on SIIs to track progress, raise concerns if there is any risk of falling overdue. Facilitate closure process for SIIs which meet the target closuredate Audit Lifecycle Management: i) Provide support for Internal and external audits to ensure accountability is with findings owner throughout the lifecycle ii) Monitoring and timely escalation of overdue items to Sr Mgmt iii) Conduct health checks and provide support on audit issuesand action plans from tracking & closure perspective Non-Financial Risk Reporting: Review of Monthly Balance Sheet Substantiation reports and ensuring timely escalation and well-commented / summarized details for Finance SrMgmt.

3.Preventive Risk ManagementPractices:

Deep Dives: Perform process deep dives on high risk areas. Understand the identified process in detail and its current control framework and analyze risks to identify any gaps in current framework. Any gaps so identified need to be agreed with management and a remediation plan to be agreed - SIIs to be raised ifrequired Financial Reporting Oversight: Provide oversight and direction of risk management process ensuring risks covered are accurately measured, aggregard and analysed in accordancewith SOxFramework

4.Engagement with Group Non-Financial Risk Management(NFRM):

Consistently engage with Group Non-Financial Risk Management (NFRM) team to stayupdated on the policy /procedures. Be the SME within the Global FCO team; Conduct Training within FCO /Finance. This profile plays an important role in certifying / validating information (Finance) used byNFRM team. Need to have a strong stakeholder relationship with NFRM team Respond to queries related to NFRMpolicies

5.Miscellaneous Projects & Trainings :

Create Risk awareness by conducting trainings on various controltopics Lead / execute various control initiatives – Control Week, Quiz, Floor Connects, Huddlesetc. Contribute towards global projects being run across the bank – Control OversightProgramme

Your skills and experience

Approximately 8 years of work experience with strong exposure to Operational Risk in aBanking/ Finance industry Good understanding of Financial Reporting and Disclosures(IFRS) Strong understanding of Sarbanes Oxley (SOx)framework Product and Process understanding, including knowledge of investment banking products/business Have strong skills in Designing and implementing controllandscape Attention to detail including an eye for spotting errors and redundancies in existing processes and procedures Building risk awareness amongst staff by providing support and training within theorganization Strong analytical skills – ability to articulatesuccinctly Ability to engage and influence seniorstakeholders Ability to work independently, as well as in a team environment, prioritize multiple tasks, andmeets strictdeadlines Proficient in Microsoft Office (MS Excel & PPT)applications Strong Influencing skills to drive Risk agenda and develop culture of Positive Riskmanagement Demonstrated commitment to continuous processimprovement

Education / Qualifications

Chartered Accountant, Masters in Finance / Bachelors (with expert knowledge of - GAAP / IFRS accounting procedures and financial reporting practices) or other quantitative field (OR, Accountancy, etc)

How we’ll support you

Training and development to help you excel in your career Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs

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