Senior Finance Expert
2 weeks ago
About the Role:
We are seeking a highly skilled Senior Finance Analyst to join our Financial Services division in Bengaluru - Manyata Tech Park.
Key Responsibilities:
- Ensure compliance with accounting standards, policies, and regulations, and provide expert advice and guidance on complex accounting issues and transactions.
- Assess the effectiveness of existing core finance processes and offer recommendations for improvement to deliver high-quality business outcomes.
- Support strategic planning and decision-making by delivering high-quality financial analysis, insights, and recommendations to senior management and stakeholders.
- Enhance the efficiency and effectiveness of the finance function by implementing best practices, improving processes, and systems, and fostering innovation and continuous improvement.
- Reconcile account balances and bank statements, maintain general ledgers, verify, allocate, post, and reconcile accounts payable and receivable.
- Identify and suggest ways to improve efficiency and reduce spending, support month-end and year-end close processes, and publish accounting reports.
- Review and recommend modifications to accounting systems and procedures, prepare financial statements as per Indian regulatory requirements, and ensure compliance with GAAP principles and Ind AS.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls, drive process improvement culture, and collaborate with others to achieve common goals.
- Stay updated on the latest accounting trends, developments, and best practices, and ensure compliance with relevant laws and regulations.
Requirements:
- 2-4 years' experience in finance and accounting industry.
- In-depth understanding of Generally Accepted Accounting Principles (GAAP) and Ind AS.
- Familiarity with financial accounting statements, general ledger functions, and month-end/year-end close processes.
- Experience in a Finance role with a strong track record in driving automation, process improvement, and change delivery.
- Excellent analytical skills, stakeholder management, communication skills, and demonstrated ability to align cross-functional teams.
- Risk Mindset - All CommBank employees are expected to proactively identify and understand, openly discuss, and act on current and future risks.
- Qualified CA or master's degree in finance.
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