Job Description

Job Description

Title: Financial, Regulatory and Risk Reporting Analyst

Location: Yerwada, Pune

Positions: 2


  • Specific/ mandatory skills: Accounting & reporting
  • Experience range: 5-7 years
  • Open to considering fresher candidates (Yes/No): No.
  • Open to considering relocation/ non-local candidates (Yes/No):
  • Project duration: 8 months 
  • Shift timings: General (10.30 am to 7.30 pm with stretch of couple of hours)
  • Number of days work from office: 3 days a week


Client Finance division oversees the financial performance of the Bank.  We advise senior management on the financial performance of all the areas of the bank.  Finance is also involved in initiatives to help to lower costs, manage risk and improve performance. We deliver information to our shareholders, creditors, tax authorities, regulatory authorities, and auditors.

The Associate – Accounting Close plays a pivotal role between his/her team, Senior Management and Internal Stakeholders. This role is specifically for the India region, has oversight responsibility for the integrity (completeness and accuracy) of financial statement identified legal entities. This requires collaboration with the Regional Finance teams and lines of business controllers that have activity in that division / legal entity, to ensure those divisions/ legal entity’s implications (e.g., accounting policy, regulatory reporting, and capital) of transactions are considered.


The Accounting close role encompasses the following key functions:

  • Closing and Financial reporting including Complex disclosures
  • Understanding of legal entity financial information
  • Consolidation of financials as per Group Reporting policy
  • Maintaining SOX documentation
  • Performance of Management Review Process (MRP)
  • Understand the complete end-to-end process flow from month-end journals to and identify exceptions
  • Financial analysis
  • Managing the day-to-day relationship with key stakeholders across locations to ensure strong working partnership and build up a collaborative model
  • Providing updates to Senior Management on the production process and highlight key risks in a timely manner
  • Support for Regulatory reviews and Audits
  • Driving change i.e. engagement in Redesign of systems and processes
  • Looking at simplification & standardization of processes
  • Knowledge of IFRS and upcoming changes in IFRS & implications there of
  • Managing internal & external audits
  • Work closely Regional Finance and Sourcing teams

Functional responsibilities:

  • Independently manage the accounting and reporting for certain legal entities (including validation and control function of monthly financials and IFRS reporting to Head Office)
  • Responsible for Balance sheet account substantiation on monthly basis
  • Support external audit work on annual basis. Also, assist the regulatory filings / assessment process related to income tax, transfer pricing and service tax/ GST
  • Support internal audit work as and when required
  • Support other financial reporting requirements such as risk forums, ALCO, Board meetings by way of understanding the requirements of stakeholders, preparation of applicable decks etc.
  • Coordination, Preparation and submission of cash flows on regular frequency for various requirements
  • Lead from Finance perspective, any process review/re-design pertaining to such entities necessitated by any process improvement idea/regulatory requirement
  • Work in close coordination with Finance Service centres at Pune and Manila
  • Ability to develop and leverage relationships with multiple teams within organization for delivery on business goals
  • Working knowledge of SAP and ability to understand the complex system architecture and platforms
  • Prior experience of process migrations would be added advantage. Position would be based at Pune and requires travel within India

Experience / Exposure:

The candidate must be a highly motivated and high performing individual. He/ She must be able to handle all levels of complexity in their product coverage or area under control, be able to multi task with relative ease and be flexible enough in shifting workload in accordance with changing priorities, and be comfortable dealing with a sometimes stressful and fast-paced month end priority-driven environment. He \ she is expected to have demonstrated experience of working with multiple teams in a matrix organization

5+ years working experience (preferably in Finance teams of banks, securities firms, investment banks or professional accounting / audit firms or in a similar capacity in a BPO / KPO center). Prefer knowledge of trading products, their valuations and control processes. Prior experience in a controllership role would be highly valuable

Soft Skills:


  • Ability to communicate effectively (oral & written)

Analytical abilities

  • Displays a high degree of control awareness
  • Attention to detail and big picture view
  • Strong analytical / business problem-solving skills

Time management skills

  • Well organized & able to logically present results of work
  • Ability to work under pressure and to deadlines
  • Ability to manage own time

Drive and Motivation

  • Passion for change
  • Drive process improvement
  • Diligent, thorough, shows initiative and is proactive
  • Ability to challenge status quo.

People Management

  • Ability to coach and mentor team

Education / Certification:

  • Qualified Accountant- CA/CPA/ACCA/MBA or Post Graduate in Commerce