Senior Financial Reporting Analyst

4 weeks ago


Mumbai India IDFC FIRST Bank Full time

Job Title:Senior Financial Reporting Analyst

Place of work: Mumbai

Business Unit:Finance

Function:Financial Control, Regulatory Reporting & Taxation

Sub Function:Financial reporting

Location:Mumbai

Job Purpose:

  • Financial reporting as per the Indian GAAP & complete understanding of Ind AS as applicable for banks
  • Assisting in annual financial statements, Cash Flow Statement and disclosure in Notes to Accounts, providing finance related data for compilation of Annual Report like Management Discussion & Analysis, Director's Report, Corporate Governance etc.
  • Assisting in various notes for submission to the Audit Committee/Board on Related Party Transactions, Proposed Dividend, Note on suspense/sundry accounts, Auditors remuneration etc.
  • Assisting inSignificant Accounting Policy of the Bank and other guidance notes on for implementation by other departments
  • Co-ordination with Statutory Auditors for various audit requirements as part of Limited Review and Statutory Audit including Branch Audits/Internal Financial Control Audit/IT Audit
  • Co-ordinating with various stakeholders for timely submission of Long Form Audit Report & for RBI Inspection
  • Analytical Review of the Financials for decision making including peer group comparisons

Roles & Responsibilities:

  • Complete and thourough knowledge of IndAS guidelines like EIR, ECL, Leases, investments etc.
  • Hands on experience in preparation of IndAS financial statements in BFSI sector.
  • Assist the Financial Reporting team in various special projects like GL controls, monitoring, review of GL accounts etc.

Educational Qualifications:Chartered Accountant

Experience (Min to Max):4 -5 Years



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