Analyst (Assistant Manager/Deputy Manager) - Finance, SG Bank India (Mumbai)

Academic Background (degree and major): Chartered Accountant
Relevant Working Experience in number of years: 2-5 years’ experience
Skills & Competencies required:
• In depth understanding of various Tax Laws
• In depth Knowledge on Local GAAP, INDAS & IFRS
• In depth understanding of Management Reporting / Budgeting Process
• To deliver under pressure meeting stringent deadlines
• In depth Knowledge of Financial Reporting to RBI
Language Skills: English, Good written and Verbal skills
Computer Skill: Excellent knowledge on Excel, PowerPoint, Access

Job Summary : Head Office and regulatory reporting / Financial accounting / Tax Management

Main Responsibilities :

1. Head Office Reporting
• Assisting in the Monthly reporting of the financial data in Head Office Tools in accordance with French GAAP and IFRS in a timely manner. Effectively liaising with the Head office team and responding to various queries raised by them.
2. Regulatory Reporting -
• Collating and submitting Regulatory Reports
• Assisting in Consolidation and submission of Regulatory returns i.e., Risk Based Supervision, DSB returns and other returns in a timely manner.
• Improving Workflow / Process / Methods in RBI reporting and stabilizing existing automated reports to ensure savings on time/efforts
• Responsible for initiating, supporting and concluding automation initiatives on reporting
• Assisting in responding to queries on the Regulatory reporting’s from the RBI
3. Tax Management -
• Assisting in Tax Audit and Transfer Pricing reports, Filing of Tax Returns (Corporate & TP)
• Assisting of data to various tax departments during assessments
• Reconciling the TDS account of the bank with actual TDS certificates, TDS Returns and Tax Returns.
• Prepare a reconciliation with the Financial Data for all the Tax filings,
• Assisting in management of various aspects of corporate taxes with the help of tax advisors, liasioning with regional tax team for tax queries and clarifications on tax issues.
4. Month-end Activities -
• Responsible for Vendor processing and WHT implications on vendor payments
• All the month end closing activities including monitoring of control accounts as per Local GAAP
• Perform P&L Variance analysis
• Review of all Balance sheet Ledgers and suspense accounts
5. Yearly Activity -
• Provide the details required by Statutory and Internal Auditors on the Financial statements.
6. Other Activities -
• Fine tuning / automating various processes which require considerable amount of man hours, implementing check and controls in existing processes to ensure improved data quality.
• Coordinating with various audit teams viz. statutory auditors, tax auditors, RBI inspectors; providing them the required data and resolving the queries raised by them.
• To provide relevant information required on the existing process by the management for performing Impact analysis for New products or system replacement.
• Assisting the finance team on all Projects