Vice President- Finance & Accounts, Mumbai

Vice President- Finance & Accounts, Mumbai

1 Nos.
77379
Full Time
18.0 Year(s) To 18.0 Year(s)
100.00 LPA TO 105.00 LPA
Accounts / Finance / Tax / CS / Audit
Banking/Financial Services
CA - CA
Job Description:

Job Title: Vice President

Department: Finance & Accounts

Reports to: Chief Financial Officer

Experience: Minimum 18 yrs. of relevant experience post CA qualification

Required Qualification: CA Preferred Qualification:

Skill, Knowledge & Trainings:

  • Excellent knowledge of Principles and practice of Accounting, Financial Reporting, Direct and Indirect Taxation (TDS, GST etc.), Financial Management, Costing and Commercial Aspects
  • Excellent understanding of Financial Control systems and practices
  • Good Knowledge of Corporate and Economic laws. Knowledge of laws related to Securities Markets will be added advantage.
  • Good knowledge of MS Office suite, Accounting software, Fixed Assets software, Understanding of ERP Software would be an added advantage.

Core Competencies:

  • Decision Making
  • Ownership
  • Commitment
  • Leadership
  • Problem Solving
  • Conflict Resolution
  • Analytical Thinking
  • Accuracy
  • Eye for Detail

Functional Competencies:

  • Excellent understanding of Accounting Standards and practices
  • Good understanding of law and practice of Income tax, GST,
  • Should have Financial Analysis skills
  • Efficient Presentation Skills
  • Good Drafting, Communication & interpersonal skills
  • Should have good Information

Technology awareness

Job Purpose: The incumbent will have primary responsibility of managing day to day activities of Finance & Accounts function and Finance & Accounts team.

Area of Operation/Key Responsibilities:

  • Financial Reporting in compliance with applicable Accounting Standards. Responsible for monthly/quarterly/yearly closing & finalization.
  • Maintaining an appropriate and efficient Accounting System. Experience in development and implementation of ERP accounting systems development will be an added advantage
  • Overseeing day to day activities of Accounting and Finance function including team of F&A professionals
  • Financial MIS and Assisting Management with all the financial matters and decisions.
  • Budgeting and Cost analysis support to the Management and other departments.
  • Management of funds to meet the organization's needs and efficient deployment of surplus funds.
  • Supervising Banking Activities including Current Accounts, SGL Accounts, Nostro Accounts and Custody Accounts.
  • Supervising Accounting of Settlement operations and Membership transactions including daily reconciliation.
  • Developing and maintaining systems of internal controls to safeguard financial assets of the organization
  • Compliance with applicable Corporate laws, Commercial & Economic laws, Payment & Settlement Systems Act, RBI Directions etc.
  • Compliance various Direct and Indirect taxation laws including fair understanding of law and procedures relating to Income Tax Act, DTAA, GST Act, etc.
  • Interacting closely with Auditors (external and internal) for smooth and timely audit compliance.
  • Overseeing sub-functions like Fixed Assets Management, Employee Benefits and Payroll Management, Bills Receivable, Bills Payable, TDS Compliance etc.
  • Oversight of all the regulatory compliances pertaining to Finance & Accounting function.
  • Managing and nurturing an efficient and expert Finance & Accounts team compatible with Organisation’s needs
Company Profile

RBI Bank created group which is leading Financial company into --- and settlement functions provide guaranteed --- and settlement functions for transactions in Money, G-Secs, Foreign Exchange and Derivative markets. It also provides non-guaranteed settlement for Rupee interest rate derivatives and cross-currency transactions through --- CLS Bank. It has also set up a Trade Repository to enable financial institutions to report ---ir transactions in OTC derivatives.

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  • Interested candidates are requested to apply for this job.
  • Recruiters will evaluate your candidature and will get in touch with you.

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