Vice President- Finance & Accounts, Mumbai
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.