Subsidiary Reporting Specialist

7 days ago


Bengaluru, Karnataka, India Finastra Full time ₹ 12,00,000 - ₹ 24,00,000 per year
Who are we?

At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Our innovative applications span Lending, Payments, Treasury and Capital Markets, and Universal Banking. Proudly serving over 8,000 customers, including 45 of the world's top 50 banks, we aim to boost financial inclusion for all. Join us and be part of a vibrant company that embraces diverse perspectives, and is committed to doing well by doing good.

Reporting to the Subsidiary Reporting Partner and located in Bangalore , India the Subsidiary Reporting Lead will be part of the Global

Finance organization of Finastra.

Responsibilities & Deliverables:

Your deliverables as Finance Expert will include, but are not limited to, the following:

  • Ownership of all Statutory entity financials for Romania, Poland & Turkey
  • Responsible for all the statutory accounting, & tax requirements for countries listed above

Responsibility for completeness and accuracy for all financial reporting, with review of transactional postings performed by the Shared Service Centre in Bangalore, India


• Review and approval of all balance sheet reconciliations for these legal entities

  • Assist with monthly and quarterly close activities and financial reporting
  • Fulfilling statutory reporting and filing requirements
  • Review of tax filings and calculations supported by third party vendor
  • Management of local third-party supplier relationships
  • Act as the key audit contact for relevant entities for the annual statutory statements and tax audits
  • Support local Directors with financial reporting implications
  • Support group finance in London with country specific queries

Special projects including serving as project lead with implied responsibility for meeting project objectives and timelycompletion

  • Perform ad hoc financial planning and analysis and all other duties as assigned
  • Assist the Cosec Team and work with Tax team to ensure all compliance requirements are fulfilled

Required Experience:

  • Bachelor's degree in accounting or finance
  • Qualified accountant (CA or ACA (UK)) or in the last year of articles to attain CA qualification
  • Work experience as an auditor with Major audit firms or internationally recognized Audit Firm
  • Minimum 1 years of post-qualification experience in accounting or financial roles as a legal entity controller would be considered as an adavantage
  • Experience in Statutory Financial Reporting in IFRS, or IAS and Local GAAP in above named countries
  • High degree of computer proficiency, particularly Microsoft Excel and general ledger software
  • Knowledge of full lifecycle within software development
  • Fluent in English

We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we uphold:

· Flexibility: Enjoy unlimited vacation, based on your location and business priorities. Hybrid working arrangements, and inclusive policies such as paid time off for voting, bereavement, and sick leave.

· Well-being: Access Confidential one-on-one therapy through our Employee Assistance Program, find support from our network of Wellbeing Champions and Gather Groups, and a calendar of monthly events and initiatives designed to help you thrive - Inside and Outside of work.

· Medical, life & disability insurance, retirement plan, lifestyle and other benefits*

· ESG: Benefit from paid time off for volunteering and donation matching.

· DEI: Participate in multiple DE&I groups for open involvement (e.g., Count Me In, , , , ).

· Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.

· Recognition : Be part of our global recognition program, Finastra Celebrates, and contribute to regular employee surveys to help shape Finastra and foster a culture where everyone is engaged and empowered to perform at their best.

  • Specific benefits may vary by location.

At Finastra, each individual is unique, bringing their own ideas, thoughts, cultural beliefs, backgrounds, and experiences together. We learn from one another, embrace and celebrate our differences, and create an environment where everyone feels safe to be themselves.

Be unique, be exceptional, and help us make a difference at Finastra



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