Financial Accounting Specialist

Job Description Aufgaben Objective: To manage Monthly, half yearly and annual Closing of Books of accounts, Reporting as per Ind AS and IFRS, co-ordinate with Statutory, Regulators and Internal Audits, submission of various regulatory returns applicable, Monitoring Internal Control systems, ICOFR and Reconciliations. - Preparation of financial statements - To prepare & Review the Balance sheet, Profit & Loss statements, and schedules under IFRS for month end closure. - Review the inputs into the monthly reporting tool and ensure smooth closure of monthly reporting. - To prepare financial statements as per IND AS for regulatory reporting. - To maintain chart of accounts as per the headquarters guidelines - Regulatory Compliance: - To prepare various regulatory statutory returns on a weekly, monthly, quarterly, half yearly and on annual basis and submit the same with the regulator on a timely manner. - To ensure that the other regulatory certification and declaration such as FDI Certificate, Statutory Auditor's Certificate are filed with the regulator's on a timely basis. - To support in preparation of data for RBI related queries and Information sought from accounting. - To support the Regulator's inspection from accounting and reporting standpoint. - Preparation of Liquidity Coverage Ratios & CRAR on monthly basis. - To prepare input for disclosures of various statutory financial and related information on the website of the Company on a timely manner. - To prepare and facilitate various regulatory reports for ALCO meetings. - To ensure all the relevant and applicable compliances are complied with and closed on a timely manner in the Compliance tool. - Audit: - To prepare the required balance sheet & P&L schedules as required during the Statutory audit. - To work closely with auditors and ensure that the financials contain all relevant disclosures applicable to the Company. - To review the audit observations and Management Letter and take it to the relevant team for response and closure. - To monitor and ensure the Internal Control Systems are in place as per the Mercedes- Benz Guidelines. - To ensure that the Internal Control on Financial Reporting are in place by demonstrating and documenting the controls in place. - To prepare presentations for various meetings related to audits like audit committee and board. - Accounting Reconciliations: - To review the statutory remittances carried out by Taxation and HR department and provide accounting clearance and facilitate nil / insignificant open items. - To review the inter-co accounting and confirmation process of all the inter-companies and ensure timely reporting with nil or identified reconciliation items. - To review and approve the daily clearing entries. - To ensure closure of BRS open items related to accounting. - To review and approve daily WFS ( wholesale system) interface reconciliations. - To ensure resolution of errors in WFS batch file. - To recommend for accounting approvals from CAO in special cases related to accounting. - To prepare wholesale system reconciliation. - To prepare workings and raise the invoices to intercompany for various transactions. - Reconciliation of TDS related to dealers. - To prepare the dealer balances confirmation and ensure that the same is received on time in coordination with wholesale team. - Liaison with Shared Service Centre and Treasury Centre and other support activities: - To closely work with the SSC team for ensuring proper, quality and timely submission of financials with HQ. - To review the performance of SSC and validate the head count justification. - To train and educate the SSC to comply with both the IFRS and Ind AS Accounting Standards. - To liaison with Treasury Centre of India (TCI) for various day to day and operation topics. - To provide various accounting and financial related inputs to TCI for getting the Credit Rating letters. - To work closely with TCI in monitoring the cash flow position of the Company and facilitate them with the latest ALM and LCR submission to take meaning decisions. - To support other functions of the Company as and when the demand arises. - To automate the various manual process to ensure accuracy and increase efficiency. Main Accountabilities - Preparation of financial statements - To prepare & Review the Balance sheet, Profit & Loss statements, and schedules under IFRS for month end closure. - Review the inputs into the monthly reporting tool and ensure smooth closure of monthly reporting. - To prepare financial statements as per IND AS for regulatory reporting. - To maintain chart of accounts as per the headquarters guidelines - To prepare presentation on Financial Performance of the Company for Board and Audit Committees. - Regulatory Compliance: - To prepare various regulatory statutory returns on a weekly, monthly, quarterly, half yearly and on annual basis and submit the same with the regulator on a timely manner. - To ensure that the other regulatory certification and declaration such as FDI Certificate, Statutory Auditor's Certificate are filed with the regulator's on a timely basis. - To support in preparation of data for RBI related queries and Information sought from accounting. - To support the Regulator's inspection from accounting and reporting standpoint. - Preparation of Liquidity Coverage Ratios & CRAR on monthly basis. - To prepare input for disclosures of various statutory financial and related information on the website of the Company on a timely manner. - To prepare and facilitate various regulatory reports for ALCO meetings. - To ensure all the relevant and applicable compliances are complied with and closed on a timely manner in the Compliance tool. - Audit: - To prepare the required balance sheet & P&L schedules as required during the Statutory audit. - To work closely with auditors and ensure that the financials contain all relevant disclosures applicable to the Company. - To review the audit observations and Management Letter and take it to the relevant team for response and closure. - To monitor and ensure the Internal Control Systems are in place as per the Mercedes- Benz Guidelines. - To ensure that the Internal Control on Financial Reporting are in place by demonstrating and documenting the controls in place. - To prepare presentations for various meetings related to audits like audit committee and board. - Accounting Reconciliations: - To review the statutory remittances carried out by Taxation and HR department and provide accounting clearance and facilitate nil / insignificant open items. - To review the inter-co accounting and confirmation process of all the inter-companies and ensure timely reporting with nil or identified reconciliation items. - To review and approve the daily clearing entries. - To ensure closure of BRS open items related to accounting. - To review and approve daily WFS ( wholesale system) interface reconciliations. - To ensure resolution of errors in WFS batch file. - To recommend for accounting approvals from CAO in special cases related to accounting. - To prepare wholesale system reconciliation. - To prepare workings and raise the invoices to intercompany for various transactions. - Reconciliation of TDS related to dealers. - To prepare the dealer balances confirmation and ensure that the same is received on time in coordination with wholesale team. - Liaison with Shared Service Centre and Treasury Centre and other support activities: - To closely work with the SSC team for ensuring proper, quality and timely submission of financials with HQ. - To review the performance of SSC and validate the head count justification. - To train and educate the SSC to comply with both the IFRS and Ind AS Accounting Standards. - To liaison with Treasury Centre of India (TCI) for various day to day and operation topics. - To provide various accounting and financial related inputs to TCI for getting the Credit Rating letters. - To work closely with TCI in monitoring the cash flow position of the Company and facilitate them with the latest ALM and LCR submission to take meaning decisions. - To support other functions of the Company as and when the demand arises. Qualifikationen Qualification: - Education & Work experience - Bachelor Degree or equivalent in Commerce. - Postgraduate / Professional Degree in area of responsibility (Qualified CA). - Working knowledge of regulatory environment for NBFC and Financial Service. - Work experience: 3+ years in various areas of financial accounting including Accounting Standards (IGAAP & IFRS), Audits, Corporate Law, RBI-NBFC regulations, SEBI, etc. - Critical and soft skills knowledge - Experience in preparation of financials both under Ind AS and IFRS. - Experience in NBFCs / Financial Service. - Experience in handling various audits and regulator inspections. - Experience in handling various regulatory returns. - Experience in monitoring the Internal Control System and ICOFR. - Competencies - RBI Regulation knowledge is must. - Strong working knowledge of MS Excel & MS Power Point is a must. - Ability to analyze, understand and interpret data and coherently communicate the inference. - Strong communications skills, both written and verbal - Strong technical, analytical and problem solving skills. - Understanding of the importance of attention to detail and organization - Very good prioritization skills to balance key priorities - Strategic planning, and people management, Managing performance and profitability approach. - Integrity, Passion, Discipline, Respect Benefits Kinderbetreuung Parkplatz Gute Anbindung Betriebsarzt Kantine, Caf KontaktMercedes-Benz Financial Services India Private Limited E-3, MIDC Chakan, Phase III, Chakan Industrial Area410501 PuneDetails zum Standort Lavanya Bhamidipati E-Mail: [Confidential Information] Bewerben