Bank Of America Assistant Vice President Finance 

India, Maharashtra, Mumbai 

972120766

Financial Reporting and Accounting

Month-end/year-end closing (as per Indian GAAP/ Ind AS and US GAAP), General Ledger Reconciliation and Schedule preparations, GAAP reconciliations, quarterly corporate reporting, general ledger scrutiny and compliance with financial reporting requirements for banking entity. Assisting in compilation of financial information including analytical review for Local Management Team Committee Meetings, Audit Council, corporate audit and RBI exams

Accounts Finalization and Statutory Audit

Preparation and Finalization of accounts, reporting and internal financial controls related areas, segmental reporting, audit, compilations, certifications and other procedures requiring inter-face with auditors primarily for banking entity

Tax compliances and regulatory Reporting

Income Tax computations including advance tax and deferred tax calculations, Advance Tax, financial details for assessment proceedings, Good and Service Tax compliances including filing of returns, financial / regulatory reporting to RBI for banking entity

Analytics and MIS

Compile presentation decks for adhoc information requirements

Data points, control parameters and inspection under the Risk Based Supervision (RBS) approach of RBI

Compilation of data points across multiple tranches on quarterly basis along with detailed analysis and documentation for period to period variances

Documentation of control parameters and periodical review

Handling RBI inspection related information requirements, responses, and closure of remediation actions within the timelines

Automation Projects

Handling the automation of financial regulatory reporting by conducting UAT and testing of reports

Responsibilities:

• Prepare and manage regulatory reporting, statutory auditor, regulators and corporate audit.
• Partners with business on tracking business drivers and providing analytical inputs on balance sheet trends and returns for forecasting balance sheet and income statement
• Core mandate to get the numbers right, Accurate and well controlled
• Efficiency: Process optimization
• Strive for flawless, error free execution through proactive operational risk management, robust preventive controls and self-identification of issues

Required Skills:

• Years of experience: Minimum 1-4 years of post-qualified experience
• Chartered Accountant
• Strong analytical and reasoning skills
• Good communication, interpersonal and relationship management skills.
• Knowledge of banking regulations, banking products, investments and derivatives
• Ability to prioritize and ensure consistent delivery of results
• Strong team player
• Adept at using excel, power point and Systems Aptitude