Regulatory Reporting -assistant Manager

Ikya Human Capital Solutions Pvt Ltd
  • Gurgaon
  • 10-12 lakh
  • 5-9 years
  • 15 Sep 2016

  • Finance/ Accounts

  • Accounting/ Taxation/ Audit
Job Description

Job Description (Overview of Role)
This group provides financial reporting to the various regulatory agencies. The group works closely with business and finance units across the organization to gather, analyze and report this information under regulatory definition and requirements. Documentation, Preparation and Review of Tax returns;
Tax Account Reconciliations and US state tax fillings. Calculating Deferred Tax asset and Liability to be recognized in US GAAP books of respective countries as per Balance sheet approach (FAS 109).

Collect data from various operational areas & Finance Support areas & entered manually in reporting systems & capital calculator,
Reconcile balance to general ledger & resolve data gaps,
Make adjustment as necessary to ensure compliance with regulatory requirements,
Variance reported & explained, obtain management sign offs/approvals,
strong analysis and detailed review of reports prior to submission to the regulatory & other agencies mentioned above,
Able to understanding of the financial statements pertaining to Banking Industry & Banking products.
Ensuring adherence to procedures. Has an eye for detail on the processes and effectively escalates issues in an appropriate time,
Update team Leader and the manager on process performance.
Responsible for maintaining and ensuring completeness of process work papers and related documentation

Shift Timings: 12:30 pm to 09:30 pm
Weekends Off : Yes

Required Skill Set

Attention to Details & strive for accuracy,
Analytical bent of mind
Ability to work under pressure,
Able to understand & decipher financial statements (accounting background) & Ability to understand balance sheet is preferred
Good with numbers,
Knowledge of Insight system (desirable).
Analytical, organizational and with highly developed time management skills.
Consistently looking for ways to applying process knowledge along with technology to enhancing Business capabilities within the organization,
Clear and concise verbal and written communication skills in English. With ability to communicate with internal and business peers.
Ability to work closely with business partners both locally and globally
Strong pc and keyboard skills covering Excel. Word, Outlook, PowerPoint and MS Access etc. with extremely high proficiency in MS Excel (ability to work on macros, V Look up, Create Charts, formatting and number crunching , using formulae)
Continually drives for results and raising the bar on standards and deliverables.
Goal oriented with an ability to develop and maintain personal targets

Competencies/Skill sets for this job

Regulatory Reporting Tax Financial Gaap Banking Regulatory Analytical

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