Consultant | Financial Services | Bengaluru | Finance Transformation

Financial Reporting- Techno functional Role (Financial Services only)

Qualification: Chartered Accountant

Industry: Financial Services only

Experience: 2-3 Years

Location Hyderabad (1st Preference), Chennai (2nd Preference), Bangalore (3rd Preference)

Job Description

Experience on preparation on Standalone and consolidated financial statements under IFRS/ UK FRS

Understanding of complex IFRS and USGAAP reporting issues e.g., Derivatives, Hedge accounting, Securitization, etc.

Prepare detailed accounting memos, presentations, and commentaries to explain significant variances by collaborating closely with business stakeholders.

Support preparation of legal entity financial statements and balance sheet substantiation process

Create and manage the preparation of weekly and monthly reports to support departmental and business needs.

Provide assistance to the corporate controller, assistant controller and accounting manager on key accounting tasks/deliverables.

Prepare and analyze financial statements monthly, including income statement, balance sheet, and statement of cash flows.

Experience in identifying opportunities to improve the reporting process and raise with relevant team.

Coordinate requests and responses from/to stakeholders, e.g., auditors, etc.

Strong experience in performing controls testing, design and implementation testing, operating effectiveness testing for various finance processes.

Involved in finance transformation work as a Finance Change BA having strong experience in either SDLC (Software Development Life Cycle) or Agile.

Document business requirements, clearly by articulating assumptions, interpretations, non-functional and data requirements for large scale transformation programme.

Experience in preparing project documentation such as Project Charter, Project Initiation Document, Business Requirement Document, Test Cases, UAT Testing and Project Closure Document.

Tracking the progress of the project to be in line with agreed milestones and timelines and establishing and adhering to the escalation matrix in situations where necessary.

Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.

Interpret and analyze financial information posted to general ledger accounts.

Prepare financial reports by collecting, formatting, analyzing, and explaining information.

Knowledge of SQL, Python, R would be an added advantage.

Possess a thorough understanding of the financial reporting and general ledger structure.

Knowledge of financial consolidations, eliminations, and segment reporting.

Excellent written and communication skills including preparation and presentation of verbal and written reports, presentations, and recommendations.