|Posted on : 2022-04-27||AVP - Derivatives Accounting & Regulatory Reporting (For A MNC Banks Captive Unit), Loc: BLR, Exp: 15+ Yrs||Location : Bengaluru|
|Last Date to Apply||2022-04-30|
The Derivatives Accounting & Reporting Team is responsible for complex accounting processes related to derivatives such as:
In order to perform these accounting processes, the team compiles derivatives and foreign-denominated asset and liability data from several sources and reconciles this data to ensure that is complete and accurate using a combination of manual and automated procedures. The team then applies the technical accounting requirements to this data and uses the accounting records to prepare certain regulatory filings on a timely and accurate basis. This work effort requires derivative and foreign denominated financial instrument product knowledge, as well as an understanding of the technical accounting requirements related to derivatives and foreign denominated financial instruments. There must be a demonstrated ability to research and evaluate how these transactions are accounted for in systems of record, complemented by the ability to design operational accounting processes that address data integrity and produce high quality accounting data. In addition, the team must also compose business requirements documents that prescribe the technology requirements required to implement production enhancements that reduce the level of manual intervention in the accounting and reporting processes.
The role involves close work with specialists in other accounting operations groups, enterprise risk, and enterprise technology. The ability to build and maintain relationships and communicate effectively is an asset. This individual must be able to manage multiple deliverables simultaneously and will act as the primary contact for various initiatives and projects as they arise.
|Salary||Can be discussed|
|Employement Type||Full Time|
|Education||MBA (Finance) or CFA or CPA or CA|