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Posted on : 2022-04-27 AVP - EMEA Regulatory Reporting (for A MNC Banks Captive Unit)., Loc: Chennai, Exp: 15+ Yrs Location : Chennai
Last Date to Apply 2022-04-30
Job Description

About this role:

Our Client is seeking a Financial Accounting Manager.

Our Client provides middle market, large corporate and financial institution customers with a range of international solutions, including treasury management, credit, payments, financing, foreign exchange, and trade services. Our Client operates from 42 countries and territories outside of the U.S., including branches in Ireland, Beijing, Cayman Islands, Dubai International Financial Centre (DIFC), Hong Kong, London and Seoul.

The EMEA Controller team is responsible for regulatory, financial, and management reporting requirements in the region. As well as forming a key part of the International Controllers organization, the team provides local support for varied financial services business lines as well as the International CFO.
 

This role will report directly to the International Controller India Lead, with responsibility for managing a team of professionals supporting Regulatory & Financial reporting for legal entities within the EMEA region. In addition, the role will have a dotted line to the London based EMEA Controller. The role will be accountable for provision of complete and accurate financial and regulatory data, as well as the maintenance of a robust and effective control environment in line with standards and expectations of the Controller function.


In this role, you will:

  • Manage teams responsible for preparation of recurring regulatory & financial information, including both day-to-day aspects, and longer term structural components (hiring and retention, performance management, coaching and development).
  • Examples of reporting to be supported by the team includes (but not limited to):

o Prudential (e.g. Capital and liquidity) reporting to local regulatory authorities within the EMEA region

o Financial & statistical reporting to local regulatory authorities within the EMEA region

o Financial regulatory reporting to US regulatory authorities

o Annual audited financial statements produced under IFRS/local GAAP

o US corporate GL close under US GAAP

o Internal legal entity based management reporting

o VAT return production

  • Support development of a ‘best in class’ EMEA Controller team, and by extension the International Controllers organization by aligning to key principles and priorities set by the International Controller and International CFO.
  • Monitor and develop the local control environment to support accurate and timely regulatory financial reporting.
  • Embed and drive adherence to applicable firmwide policies including the Governance & Oversight Framework.
  • Engage with key stakeholders to support planning, testing and implementation of projects and initiatives, which affect the regulatory reporting & wider finance function.
  • Engage with lines of business to assess the impact of business initiatives.
  • Support engagement with lines of business and other internal stakeholders to assess the impact of business initiatives.
  • Support active management of all control weaknesses in line with bank protocols, including assessing, recommending and executing remediation for all identified issues in line with agreed timelines.
  • Ensure operational documentation is maintained and is best in class.
  • Oversee and challenge the re-engineering of legacy manual processes, utilizing ‘best in class’ digital toolsets wherever possible.
  • Partner with stakeholders within the team and across the firm to support development of clear infrastructure and data strategies aimed at enhancing the control, quality and efficiency of regulatory reporting.
  • Act as the Chennai cross regional lead for Regulatory reporting, working with other regional teams (and onshore leads) to drive standardization, centralisation, and adoption of best practice wherever possible.
  •  In addition to these functions, employees are required to carry out such other duties as may reasonably be required.

 

 

Required Qualifications:

  • CA/CPA with 15+ years of experience in Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting, Risk Reporting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ years of Leadership experience


Desired Qualifications:

  • Working knowledge of tools like Alteryx, Power BI, Tableau etc.

 

 

Salary Can be discussed
Industries Type Banking
Employement Type Full Time
Experience 15
Education CA/CPA

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