IDFC FIRST Bank Recruiting CA, Post-Graduate, Graduate Candidates for Finance Analyst Position.
About Company
In 2014, the Reserve Bank of India granted an in-principle approval to IDFC Limited to set up a new bank in the private sector. Following this, the IDFC Limited divested its infrastructure finance assets and liabilities to a new entity – IDFC Bank. The bank was launched through this demerger from IDFC Limited in November 2015.
Job details
• Company Name : IDFC FIRST Bank.
• Location : Mumbai
• Qualification : Post Graduate, Graduate, CA
• Experience : 5+ Years
• No of Vacancies : Not Disclosed
• Details of Salary : Not Disclosed
• Qualification : Post Graduate, Graduate, CA
• Experience : 5+ Years
• No of Vacancies : Not Disclosed
• Details of Salary : Not Disclosed
Job description
- Perform financial and accounting related activities in a timely manner
- Drive Budgeting and Financial Planning exercise
- Working with other teams at regular intervals to help them with preparation of Board/ Investor decks
- Assisting rating agencies with their requirements for periodical rating surveillance of the Bank
- Manage day to day operations to ensure the processes are executed within agreed SLAs
- Perform month end closing activities such as revenue accounting, expense accounting, account reconciliation, etc.
- Measure financial ratios such as solvency, profitability, growth, etc.to determine IDFC First’s financial position and propose enhancement recommendations.
- Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements and process improvements
- Ensure all operational documentation is maintained and is best in class
- Ensure financial and accounting reports are prepared in accordance to bank/regulatory rules and regulations
- Maintain the MIS parameters as per set guidelines and identify process improvements to streamline date collection and report generation processes
- Maintain accurate financial data and reports for submission to senior management
- Maintain funds transfer pricing process to measure the performance of different business units of the bank
- Address financial issues and inquiries in a timely manner
- Participate in regular audits and recommend corrective financial action plans
- Analytical review of the Financials for decision making
- Capture and share best- practice knowledge amongst the team
- Leverage in-house synergies through collaboration with internal stakeholders
- Create an environment that promotes collaborative learning and collective ownership of responsibilities
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