Financial Control Associate
3 weeks ago
**Financial Control Associate**:
**Job ID**:R0303444**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2023-11-10**Location**:Mumbai**Position Overview**:
**Job Title**:Associate**
**Location: Mumbai**
**Role Description**
Within Business Finance, we have Revenue Control & Financial Control functions. For each product / business line the Revenue control & Financial control responsibilities are segregated & well defined. As a Business Finance personnel, the core responsibilities is to ensure accurate reporting of periodic P&L, Risk and BS on the basis of sound business/ product understanding along with strong accounting & system knowhow.
**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**
- Responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis.
- Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
- Break investigation and resolution: Model vs Actual(Ledger) Cash, FO/MO system vs trade docs etc
- Market Conformity Check exceptions resolution
- Balance sheet substantiation, i.e. obtaining requisite supports for GL accounts in line with MRP policy; FX Balance review
- Production of various MIS reports for the above businesses within agreed timelines
- Performs month end close activities
- SAP journals, reconciliations, balance sheet substantiations and reporting
- Performs QA function for processes within his/her teams remit and regularly assesses the effectiveness of the checks
- Engages with CTB/SME ( Change the Bank / Subject Matter Expert) in order to deliver change
- First level of escalation for team issues and for stakeholder escalation
- Manages the resolution of product reconciliation break/exception items in a timely manner
- Process standardization across business
- Provides summary of KRI's for their business area and remediation plans where SLA's are being missed and/or where issues exist
- Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
- Interaction with global stakeholders & auditors.
**Your skills and experience**
- An experience of 5-7 years in the core accounting function of an organisation would be an advantage.
- Strong understanding of financial market products such as Loans, Equities & OTC.
- Adaptable and culturally aware. Experience of working in a global environment preferable.
- Ensure team work culture is practiced.
- Ability to learn quickly.
- Ability to communicate effectively (oral & written) & strong interpersonal skills.
- Strong analytical and quantitative skills.
- Well organized & able to clearly present results of work.
- Essentials Competent use of MS-Office - specifically Excel and Access.
- Working with multiple data sources and having confidence in figures and presentation.
- Accuracy-driven and able to self review reports and other deliverables effectively.
- Be comfortable & willing to drive process improvement.
- Be able to constructively challenge.
- Be inquisitive.
- Knowledge of SAP and programming skills helpful but not required. SAP need to be learned quickly though.
- Should be diligent, thorough, shows initiative and is proactive.
- Proven ability to own and develop successful relationships with RPL, Operations and CSR
- Excellent team worker, able to work in virtual global teams and in a matrix organization
- Open minded, able to share information, transfer knowledge and expertise to team members
- Flexibility regarding problem solving
- Keeps pace with technical innovation and market driven initiatives and maintains a broad understanding of the GBS offering
- Strong interpersonal/good negotiations skills are required, in parts leadership
**Education / Certification/ Skills**
- MBA (finance) or CA / ICWA / CFA.
**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
**About us and our teams**
Please visit our company website for further information:
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their
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