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Trainee - Finance, Sg Bank India (Mumbai)
4 months ago
**Responsibilities**:
**Job Summary: - **To support the team in managing Head Office and Regulatory reporting, Financial accounting and Tax Management
**Main Responsibilities: -**
**1. RBI/Financial Reporting -**
- Prepare various returns in line with applicable norms for submission to RBI.
- Help in the reporting of financial data in Head Office tools in accordance with French GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) in a timely manner.
- Effectively liaise with the Head office team and respond to various queries raised by them.
**2. Month-end Activities -**
- Help in all the month end closing activities including monitoring of control accounts as per Local GAAP
- Review of all balance sheet ledgers and suspense accounts
**3. Yearly Activity -**
- Help in preparation and submission of Financial Statements to RBI on a yearly basis.
- Provide the details required by Statutory and Internal Auditors on the Financial statements/for RBI inspection.
**4. Other Activities -**
- Help in fine tuning / automating processes which require considerable amount of man hours, implement check and controls in existing processes to ensure improved data quality.
- Coordinate with various audit teams viz. statutory auditors, tax auditors, RBI inspectors; provide them the required data and resolve the queries raised by them.
- Provide relevant information required on the existing process by the management for performing impact analysis for new products or system replacement.
- Help to provide relevant details to stakeholders for invoice processing.
**Profile required**:
**Academic Background (degree and major): -** CA/MBA Fresher or in Final year of the course
**Skills & Competencies required: -**
- Knowledge of Financial Reporting to RBI
- Basic Understanding of various RBI norms, Tax Laws, IFRS, Management Reporting / Budgeting Process
- Responsibility - being able to generate outstanding individual and collective performance
- Team Spirit - Ability to build relationships with both internal & external stakeholders; developing synergies with the team and within the Group
- Commitment - being able to listen and demonstrate emotional intelligence to engage others
**Language Skills: - **English; good written and verbal skills
**Computer Skill: - **Excellent knowledge on Excel, PowerPoint, Access
**Business insight**:
Societe Generale is one of the leading financial services groups in Europe. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth, putting its resources to work to finance the economy and its clients’ plans. With a solid position in Europe and a presence in countries with strong potential, the Group’s 145,700 employees in 66 countries support 31 million individual clients, large corporates and institutional investors worldwide by offering a wide range of advisory services and tailored financial solutions.
Societe Generale was established in India in the year 1978. In 1985, Societe Generale Bank commenced operations as a Scheduled Commercial Bank in Mumbai. Since then it has a proud legacy of servicing corporates and clients. New branches were added in Delhi (1993). Societe Generale not only offers an extensive product portfolio to different market segments, but customizes solutions in investment banking, global finance and global markets.
Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.
- Reference:
- **23000I4Z**
- Entity:
- **Societe Generale India**
- Starting date:
- **2023/07/01**
- Publication date:
- **2023/06/09
