CA freshers, 0-1yrs of exp, as a Manager- Controllership, at a Financial Services Major , Mumbai
financial Service
Experience : 0years - 1 years
Salary: 0.0 Lacs - 0.0 Lacs
Location: India, Mumbai,
Job Validity: 2021-06-07
Functional Skills: Finalisation of Accounts
Job Type : Permanent
Industry : Financial_Services
Qualification : Chartered Accountant,
Role : CA freshers, 0-1yrs of exp, as a Manager- Controllership, at a Financial Services Major , Mumbai

Job Description

 Department: Controllership

Designation: Manager

Line of Business: Shared Services

Proposed Immediate Superior: Associate VP

Grade: M3

Key Objective of the Job:  Support classification, accounting, presentation of financial assets under INDAS 109

 Support INDAS accounting, presentation and reporting requirements

 Support updation of Ind AS expected credit loss model estimates on annual basis  Annual refreshment of estimates for effective interest method of revenue recognition

 Monthly preparation of Income and NPA/ECL information Major Deliverables:

 INDAS schedules and disclosures preparation

 INDAS workings for Expected Credit Loss (ECL) model, EIR working and fair Value accounting of investment

 Annual refresh of INDAS ECL Model. Automation of Ind AS ECL Model

 Liaison with Cross functional team for Information requirement for INDAS

 Documentation and updation of INDAS policies and process documents under Internal financial control framework

 Ability to support System developments for Revenue Assurance Accounting team for automation of ECL provisioning computation, accounting and reporting

 Ability to support financial accounting and reporting requirements  Support Statutory audit and internal audit  Support Implementation of Internal financial controls under the companies act 2013

 Should have sound Knowledge of existing LMS system across the company

  Automation of RBI returns, ECL Process etc. Knowledge required  Hands on requirements of Ind AS for accounting under consolidation, associate and joint venture  Disclosure requirement under Ind AS 107  Accounting requirement under Ind AS 109  Ind AS 116 for leases and Ind AS 115 for revenue recognition  Prudential RBI norms applicable to NBFC’s

Educational Qualification: Chartered Accountant. Preferable if the candidate has passed Ind AS training course. Desired Experience: Chartered Accountant with 3 yrs experience to 6 year experience. Major portion of exposure should be in Ind AS Implementation and preparation of ECL, EIR and revenue recognition under Ind AS Preferable if earlier worked in big four for audit of Ind AS financials statements for NBFC/Banks/HFC OR Preferable if earlier worked on Ind AS implementation advisory services for Bank/NBFC/HFC in Big four OR Preferable if earlier worked in NBFC/Banks/HFC for Ind AS implementation/ Revenue recognition under Ind AS/ financials statements Other Desired attributes: Good communication skills and positive attitude Good in excel sheet Good in power point presentation

About Company

Posted by
Admin
Posted Industry
Financial_Services
Job Code
005319
Location
Mumbai
Posted on
15 Mar 2021
Views
106
Applications
17