
Chief Financial Officer
6 days ago
The Chief Financial Officer (CFO) will be responsible for the accurate and timely execution and management of the Finance and Accounting Department activities. The CFO will lead key financial and business planning activities including accounting and financial controls, reporting, analysis and planning, budgeting and forecasting. S/he will be responsible for guaranteeing the Bank’s adequacy and compliance with all internal and external requirements.
We are looking for an autonomous and hard-working person driven by rigor and intellectual curiosity and an analytical and methodical mind-set. You have very good communication, analytical skills, organisational abilities and leadership capabilities. You are considered as a coach, leader and mediator by your peers and you have demonstrated sound interpersonal abilities. You are a key team player, going the extra length to support the organisation and help colleagues. Your colleagues are impressed with your professional competence in finance and accounting.
**Duties and responsibilities**:
Organize, manage and supervise the department operations and activities in order to ensure their best execution and the compliance of the Finance and Accounting department activities in accordance with regulatory requirements;
Be the reference person for all matters related to the financial and accounting activities of the Bank;
Lead a highly skilled financial team, setting an example with your competence;
Introduce and maintain efficient accounting and reporting systems and procedures for internal, external and regulatory reporting;
Lead the funding (equity and debt arrangements) and liquidity management process;
Organise, manage and supervise statutory tax reporting for indirect and direct taxation;
Function as the lead contact with the external auditors, facilitating the yearly audit process with a proactive approach;
Be responsible for the statutory and regulatory reporting process of the bank;
Ensure that all the duties of the Finance and Accounting department are fulfilled, especially:
Identify and record all transactions undertaken by the institution;
Explain the changes in the accounting balances from one closing date to the next by monitoring the movements which had an impact on the accounting items;
Verify the reliability and relevance of the market prices and fair values used while preparing the accounts and reporting this to the Regulators;
Issue periodic information including legal and regulatory reporting and provide it to the Regulator, and also ensure its reliability, particularly in terms of solvency, liquidity and large exposures;
Conserve all accounting and supporting documents in accordance with the applicable legal provisions;
Undertake the reconciliation of accounts and accounting entries;
Ensure the reliability of the financial reporting (external reporting);
Prepare consolidated accounts for the Group and prepare annual and quarterly reviews;
To support the strategy and business objectives of the Bank, the CFO will:
Provide accurate, complete, relevant and understandable information to the management (internal reporting) and provide support to other business units and departments when needed, sharing competencies within the Bank;
Review and analyse trends of expenses, revenues, and losses to identify opportunities to improve performance;
Review the budget on a monthly basis to assure the organization is meeting its financial objectives and ensure proper resolution of major variances to budget;
**To support the compliance and risk management processes of the Bank, the CFO will**:
Set-up, review and optimise the department rules, framework, procedures and workflows respecting all legal and regulatory requirements. It further includes all ethical and good conduct of business principles;
Identify, analyse, mitigate and monitor all risks associated with the conduct of activities of the Bank and also all trends and evolutions in the regulatory and competitive landscapes;
Provide direction in determining the way financial information will be documented, maintained and reported.
**To succeed in this role, we expect you to have**:
Master’s degree in Finance and Accounting, professional qualifications will be highly appreciated;
5-7 years of experience in a similar position in the banking industry;
Extensive knowledge in the field of financial management for banking and online financial services;
Extensive experience in financial reporting and group consolidation according to IFRS and UK GAAP for banks;
Extensive knowledge of transfer pricing, direct and indirect taxation, tax reporting and processes;
Fluency in English is mandatory, other languages are an asset;
**Job Types**: Full-time, Permanent
**Salary**: ₹700,000.00 - ₹1,000,000.00 per year
**Benefits**:
- Health insurance
- Provident Fund
Schedule:
- Day shift
Supplemental pay types:
- Yearly bonus
**Experience**:
- total work: 1 year (preferred)
Ability to Commute:
- Noida, Uttar Prade
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