Wealth Management Finance –Accounting Project VP
Bangalore, India | Global Securities, Investment and Retail Banking Firm
Functions:Accounting / Control
Financial Services Professional
Job Description:54 people have viewed this job
General Ledger Operation – Prepare, review and approve journal entries, GL Maintenance, review of balance sheet & P &L.
Month – end Close– calculate, book and oversee accruals and reserves.Prepare and review of revenue & expense variance & trend analysis. Oversight of Inter-company transactions which includes review and resolution of all Inter Company breaks.
Regulatory Reporting – Ensure regulatory reporting is accurate and filed before due date. Coordination of PWC audits & local regulators. Daily collateral monitoring. Provide DRQ & supplementary data to Corporate & Regulatory Groups.
Financial Reporting – Preparation & presentation of Board Packages, Legal Entity Financial Reports etc.
Controls –Interpretation & implementation of Corporate Accounting Policies, Quarterly review & substantiation of the Other Assets & Liabilities. Maintain WM Finance group CSA in Phoenix , follow up and resolution on the identified Control issues
Major Corporate and Business Initiatives Support – Provide guidance & support in the New Business initiative process (including new products, merger & Integration). Participate in the projects that affect Global Wealth Management Regulatory and General Ledger Balances.
Specifically his/her task will include:
Oversee various project deliverables and New business initiatives driven by or impacting the Wealth Management Legal Entity Control function.
Self Drive and assist the Project Manager on various projects deliverables and New Business Initiatives driven by or impacting the Wealth Management Legal Entity Control function.
Documenting business requirements, tracking project milestones, and working with project manager to ensure that deviations in scope & plan are reported/addressed.
Participate in project meetings and represent the team's vision accordingly with both business and technology partners.
Gain insight into the current tools/operating models via knowledge share sessions.
Engage in new design discussions and assist in documenting existing and future workflow processes.
Provide continuous feedback on project status to project manager; update project tracker.
Write test scripts, perform User Acceptance Testing (UAT), and assist Legal Entity Controllers production checkouts at direction of project manager.
Help to facilitate questions/answers with Corporate and AM partners to fulfill Global Wealth Management regulatory requirements.
Bachelor’s Degree in Accounting/Finance
10 to 14 years experience in accounting / finance department (internal or external)/project management experience
Audit/accounting knowledge in the banking/financial sector
exposure to accounting of banking financial products - P&L and Balance Sheet
Knowledge of project related tasks/aspirations to embrace a career in project management
Strong sense of responsibility and self organization,
Able to work independently.
Able to multitask in constantly changing environment and attention to detail
Strong analytical / problem-solving skills – ability to analyze complicated problems/scenarios, come up with root cause analysis as well as remediation steps
Ability to take ownership of processes and functions
Strong technology skills including strong PC skills (Excel, Access),
Fluent in English.