Senior Financial Operations Specialist

3 weeks ago


Mumbai, Maharashtra, India IDFC FIRST Bank Full time
Job Title: Senior Financial Operations Analyst

Role/Job Title: Senior Financial Operations Analyst
Function/Department: Financial Operations – Retail Banking

Job Purpose:

Ensure accurate and timely payout to assignee banks and Alliance partners. Share details with internal and external stakeholders to avoid escalations.

Roles & Responsibilities:


  • Ensure correct and timely Payout calculations of all assignment banks for Direct Assignment deals.
  • Prepare Payout reports and figures for assigned banks and trustees.
  • Prepare various details and Annexures for bankers on time.
  • Prepare Debit Notes for servicing fees and dispatch on time.
  • Reconcile balances and ensure accuracy.
  • Perform month-end entries and activities.
  • Share details with stakeholders and perform UAT testing.
  • Perform financial and accounting activities.
  • Manage day-to-day operations within SLAs.
  • Perform month-end closing activities.
  • Manage account payables and receivables.
  • Undertake regular self-assessments.
  • Measure financial ratios and propose enhancements.
  • Work with Technology to develop systems for regulatory requirements and process improvements.
  • Ensure operational documentation and reports are accurate.
  • Maintain MIS parameters and identify process improvements.


Education Qualification:

Graduation: Bachelor in Commerce
Post-graduation: Mcom / MBA / PGDM
Professional Qualification/Certification: Chartered Accountant (CA).

Experience: 2 to 5 years of relevant experience in Finance operations.

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