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Required Skills: CA , Chief Financial Officer
Required Exp: 11 to 15 years
Category: Director/CFO Jobs
POST - CHIEF FINANCIAL OFFICER
Maximum Age (as on 01.04.2020) - 57 years
Annual CTC & Perks$ - 75.00 lac to 1.00 Cr
Educational Qualification - Basic: Chartered Accountant
Preferred: FRM Certification and/ or CFA
Post Qualification Work Experience:-
Minimum 15 years’ post qualification work experience (as on 01.04.2020) in overseeing financial operations, preferably accounting and taxation matters, in banks/ large corporates/ PSUs/ FIs/ financial services organizations, of which 10 years should be in Banks/ FIs (of which five years should be at senior management level).
ROLE & RESPONSIBILITY:
a. Financial reporting (both Solo and Group), SEBI and RBI Compliance related to Financial Reporting: • Oversee Statutory Audit function in the Bank and ensure timely completion of the Audit. • Reporting to Audit Results as per SEBI requirement. • Coordinating with National Financial Reporting Authority (NFRA) and RBI for auditor related issues. • Support head of finance in discharging various requirements as per SEBI guidelines from Financial Reporting perspective. • Keep Top Management updated about Profitability, NPA and other related projections. • Deal with matters relating to finalization of provisions, reserves and dividend. • Deal with all matters relating to Whole Bank Long Form Audit Report (WBLFAR) and related matters thereto
b. Tax Compliance: • Optimization of Tax Liability of the Bank. • GST and TDS Compliance.
c. Accounting Systems: • Developing and miniating accounting systems as per the Accounting Standards and RBI Guidelines. • Development and Maintenance of Internal Control over Financial Reporting (ICOFR). • Implementation of IFRS/IND AS in Bank.
d. Management Reporting: • Maintaining close coordination with Financial Control Department for review of performance of the Circles and of the Whole Bank and other related functions.
e. International Banking Activities: • Support International Banking Group in compliance with the accounting & tax requirements as per local regulators.
f. Business Continuity Plan: • Develop and maintain a business continuity plan for situation which could bring finance functions to standstill such as COVID 19 pandemic
ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 09.06.2020 TO 23.06.2020
Source: Sbi Website