Manager / Senior Manager - Finance (Societe Generale Bank)
2 months ago
Manager / Senior Manager - Finance (Societe Generale Bank)
Finance Permanent contract Mumbai, India Reference 24000PW0 Start date 2025/01/27 Publication date 2024/11/05
Responsibilities
Job Summary
1. Accounting & Closing Manage & monitor all aspects of accounting operations, oversee all transactions related to general ledger, receivables, payables, payroll and financial reporting Ensure compliances of the accounting standards and ensure risk compliance operations within the Group Assist & work with the Group to comply with IFRS & French requirements Manage monthly closings as per Local GAAP & Group (IFRS & French) GAAP as per group timelines & manage monthly reporting to group CFO Manage, enhance and implement financial and accounting systems, processes, tools and control systems Represent finance department to present in the various KPI meetings and governance meetings Manage the quality of outsourcing service Contribute to Local & Regional projects, as required
2. Taxation
Monitor developments in direct and indirect tax legislation and rulings. Ensure all direct and indirect compliances on monthly, quarterly and annual basis Monitor, Manage & Co-ordinate with Tax consultants for all Tax assessment & Litigation matters. Represent the Company on all Tax assessments & Litigations. Co-ordinate & manage all the Tax related projects such as Advance pricing Agreement related filings & finalization Co-ordinate for group FII tax returns & compliances. Manage & co-ordinate the tax assessments and litigations at different levels of tax departments. Comply with the transfer pricing requirements - both group and the local regulations Provide support to business for project implementation & business developments Manage Audits, Tax filings & assessments & Liquidation Process of dormant entities of the group Manage monthly & weekly reporting to the Local & Regional Management 3. Statutory Audits & Regulatory Inspections
4. New Regulatory Circulars & New Products
Provide information and impact assessments of the New regulations & Products on Accounting & Taxation5. Automation Initiatives
Identify scope of improvements for time/effort saving, fine tune the processes and streamline the entire reporting chain. Participate in Automation Projects – Documentation of Business requirements, Testing phases like UAT and parallel run
Profile required
Academic Background (degree and major):Chartered Accountant and Relevant Certifications as recommended under Capacity Building Policy
Relevant Working Experience in number of years:7 - 8 years of experience in Banking Industry
Skills & Competencies required :
In depth understanding of Accounting of banking products/Derivatives/FX. Strong tax technical, tax strategy, tax risk management, tax compliance and tax accounting knowledge and skills Knowledge of Financial Accounting & Reporting Knowledge of Banking Products Basic project management
Client-:
Ability to put long term relationships with clients / internal partners at the centre of one’s actions Ability to satisfy clients/ internal partners while taking into account risks for the companyTeam Spirit-:
Ability to build synergy within and outside of the team To have a collective and an open mindset To be able to listen actively and share information within the team and with other teams as well Ability to deal with conflicts proactively and in a positive modeInnovation
Ability to make things and ideas simple Ability to adopt new technologies in the solutions and projects that one works onResponsibility-:
Ability to express one’s convictions and act with courage Ability to make decisions within the scope of one’s responsibilities Having a risk mindset Striving for high performanceCommitment-:
Ability to create a positive attitude in the team Ability to honor commitments, foster a climate of trust Ability to empathize Being able to continuously develop one’s competencies and knowledge Language Skills:EnglishComputer Skill:
Excellent knowledge on Excel, PowerPoint, Access
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