Senior Regulatory Reporting Finance Analyst
3 weeks ago
Job Summary:
The Senior Regulatory Reporting Analyst will play a crucial role in preparing and establishing various financial analyses, opportunities quantifications, financial projections, and capital adequacy calculations for IDFC FIRST Bank. This position requires utmost accuracy, timeliness, and adherence to set standards and guidelines.
Key Responsibilities:
- Perform financial and accounting-related activities in a timely manner.
- Manage day-to-day operations to ensure processes are executed within agreed SLAs.
- Perform month-end closing activities, including revenue accounting, expense accounting, account reconciliation, and more.
- Manage account payables and receivables activities, credit, and collection activities.
- Undertake regular self-assessments to ensure all new risks are actively managed and mitigated.
- Measure financial ratios, such as solvency, profitability, growth, and determine IDFC FIRST Bank's financial position.
- Work closely with Technology to ensure systems are developed to accommodate regulatory requirements and process improvements.
- Ensure all operational documentation is maintained and is best in class.
- Prepare financial and accounting reports in accordance with bank/regulatory rules and regulations.
- Maintain the MIS parameters as per set guidelines and identify process improvements to streamline data collection and report generation processes.
- Maintain accurate financial data and reports for submission to senior management.
- Address financial issues and inquiries in a timely manner.
- Prepare daily cash flow reports and register all outstanding payment records.
- Participate in regular audits and recommend corrective financial action plans.
- Analytical review of the Financials for decision making.
Requirements:
Graduation: Bachelor in Commerce / Management / BTech
Post-graduation: Mcom / MBA / PGDM
Professional Qualification/Certification: Chartered Accountant (CA) / CS
Experience: 5 to 10 years of total work experience in Regulatory Reporting.
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