| Daily Accounting Operations -
- Oversee day-to-day accounting activities including journal entries ledger maintenance reconciliations and bank settlements.
- Reconcile accounts and ensure the accuracy and integrity of financial data collaborate with other departments to provide financial insights for decision-making.
- Manage and coordinate the month-end close process including reconciliation and certification of general account balances.
- Prepare year-end Financial Statements ensuring complied with accounting principles guidance from HO and reflect the branchs financial position.
- Assist in the preparation of financial reports for Head Office ensuring that reports are comprehensive accurate and timely.
- Prepare and review financial statements on a daily weekly monthly quarterly and annual basis.
- Oversee the opening maintenance and closing of accounts ensuring all documentation is in order and processes are followed.
- Conduct accounting operations-related ad-hoc analysis and projects.
Financial & Regulatory Reporting -
- Work closely with the branchs Operation Department HOs Accounting Division and/or external CPA/advisor to prepare and review financial statements on a periodical basis.
- Ensure timely and accurate submission of all regulatory reports to the RBI Taiwanese regulators and other applicable regulatory bodies and conduct periodic monitoring of regulatory ratios to ensure compliance.
- Monitor account activities to detect irregularities or potential fraud ensuring account security.
Compliance & Regulatory Oversight -
- Establish and maintain relevant accounting policies and procedures ensuring team adherence to these and group-wide policies and Indian regulatory regulations and norms(tax laws IFRS banking regulations etc.).
- Coordinate with external auditors regulators for reviews audits and examinations assisting in resolving any audit findings.
- Act as the primary compliance coordinator for accounting functions participate in compliance activities related to AML KYC and applicable regulation and norms.
- Research and evaluate new accounting pronouncements or regulatory changes and assess impact on financial reporting.
Tax Management -
- Oversee the banks tax planning and compliance activities in India.
- Ensure compliance with Indian tax laws including income tax TDS GST and other applicable taxes.
- Prepare documentation and schedules for tax-related filings by collaborate with external parties such as CPA advisor and vendors.
Financial Controls and Risk Management -
- Establish and maintain strong financial controls to safeguard banks assets.
- Identify and mitigate financial risks including performing risk monitoring and risk assessment related to accounting field.
- Ensure complied with internal standard and regulatory requirements including AML/CFT KYC sanction list and other applicable norms in both India and Taiwan.
Process Optimization & Systems -
- Identify opportunities for process improvements in accounting operations and drive implementation of solutions.
- Collaborate with IT operations teams and the vendors to resolve system-related issues.
- Participate in system establishment upgrades UAT testing and implementation for accounting-related system/applications.
- Coordinate with Head Office to address various accounting issues.
Leadership Training & Development -
- Lead coach and support the accounting team providing guidance resources and performance evaluations.
- Ensure accountability and goal alignment within the department.
- Provide staff training to enhance technical proficiency and regulatory knowledge.
- Develop career development plans to support long-term employee growth and succession planning.
Stakeholder Management -
- Build and maintain strong relationships with key stakeholders including regulators tax authorities auditors advisors and vendors.
- Manage relationships with Head Office Accounting Division Administration Affair Division and ensure alignment with global financial and accounting policies and procedures.
Manage other accounting related projects and tasks as assigned by management |
-
- Minimum 5 years of accounting supervisor experience at a foreign bank in India such as Korean banks is highly desirable.
- Possess strong proficiency in the Indian Accounting Standard and IFRS is a must. Holding a certificate as a Chartered Accountant will be preferable.
- Deep understanding of Indian banking regulation applicable to a foreign bank and practical operations related to accounting and tax planning.
- Bilingual proficiency in English and Mandarin (oral and/or written) is a plus; able to prepare clear professional reports and correspondence for Head Office and Indian stakeholders.
- Demonstrate robust analytical skills coupled with a meticulous attention to detail.
- Exceptional organizational and time management skills; able to prioritize effectively under pressure to meet business and regulatory deadlines.
- Able to work in a fast-paced challenging environment being proactive and able to solve problems on time.
|
Daily Accounting Operations Oversee day-to-day accounting activities including journal entries ledger maintenance reconciliations and bank settlements. Reconcile accounts and ensure the accuracy and integrity of financial data collaborate with other departments to provide financial insights f...
| Daily Accounting Operations -
- Oversee day-to-day accounting activities including journal entries ledger maintenance reconciliations and bank settlements.
- Reconcile accounts and ensure the accuracy and integrity of financial data collaborate with other departments to provide financial insights for decision-making.
- Manage and coordinate the month-end close process including reconciliation and certification of general account balances.
- Prepare year-end Financial Statements ensuring complied with accounting principles guidance from HO and reflect the branchs financial position.
- Assist in the preparation of financial reports for Head Office ensuring that reports are comprehensive accurate and timely.
- Prepare and review financial statements on a daily weekly monthly quarterly and annual basis.
- Oversee the opening maintenance and closing of accounts ensuring all documentation is in order and processes are followed.
- Conduct accounting operations-related ad-hoc analysis and projects.
Financial & Regulatory Reporting -
- Work closely with the branchs Operation Department HOs Accounting Division and/or external CPA/advisor to prepare and review financial statements on a periodical basis.
- Ensure timely and accurate submission of all regulatory reports to the RBI Taiwanese regulators and other applicable regulatory bodies and conduct periodic monitoring of regulatory ratios to ensure compliance.
- Monitor account activities to detect irregularities or potential fraud ensuring account security.
Compliance & Regulatory Oversight -
- Establish and maintain relevant accounting policies and procedures ensuring team adherence to these and group-wide policies and Indian regulatory regulations and norms(tax laws IFRS banking regulations etc.).
- Coordinate with external auditors regulators for reviews audits and examinations assisting in resolving any audit findings.
- Act as the primary compliance coordinator for accounting functions participate in compliance activities related to AML KYC and applicable regulation and norms.
- Research and evaluate new accounting pronouncements or regulatory changes and assess impact on financial reporting.
Tax Management -
- Oversee the banks tax planning and compliance activities in India.
- Ensure compliance with Indian tax laws including income tax TDS GST and other applicable taxes.
- Prepare documentation and schedules for tax-related filings by collaborate with external parties such as CPA advisor and vendors.
Financial Controls and Risk Management -
- Establish and maintain strong financial controls to safeguard banks assets.
- Identify and mitigate financial risks including performing risk monitoring and risk assessment related to accounting field.
- Ensure complied with internal standard and regulatory requirements including AML/CFT KYC sanction list and other applicable norms in both India and Taiwan.
Process Optimization & Systems -
- Identify opportunities for process improvements in accounting operations and drive implementation of solutions.
- Collaborate with IT operations teams and the vendors to resolve system-related issues.
- Participate in system establishment upgrades UAT testing and implementation for accounting-related system/applications.
- Coordinate with Head Office to address various accounting issues.
Leadership Training & Development -
- Lead coach and support the accounting team providing guidance resources and performance evaluations.
- Ensure accountability and goal alignment within the department.
- Provide staff training to enhance technical proficiency and regulatory knowledge.
- Develop career development plans to support long-term employee growth and succession planning.
Stakeholder Management -
- Build and maintain strong relationships with key stakeholders including regulators tax authorities auditors advisors and vendors.
- Manage relationships with Head Office Accounting Division Administration Affair Division and ensure alignment with global financial and accounting policies and procedures.
Manage other accounting related projects and tasks as assigned by management |
-
- Minimum 5 years of accounting supervisor experience at a foreign bank in India such as Korean banks is highly desirable.
- Possess strong proficiency in the Indian Accounting Standard and IFRS is a must. Holding a certificate as a Chartered Accountant will be preferable.
- Deep understanding of Indian banking regulation applicable to a foreign bank and practical operations related to accounting and tax planning.
- Bilingual proficiency in English and Mandarin (oral and/or written) is a plus; able to prepare clear professional reports and correspondence for Head Office and Indian stakeholders.
- Demonstrate robust analytical skills coupled with a meticulous attention to detail.
- Exceptional organizational and time management skills; able to prioritize effectively under pressure to meet business and regulatory deadlines.
- Able to work in a fast-paced challenging environment being proactive and able to solve problems on time.
|
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Posted on:
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Vacancies:
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