VP - Gurgaon - BA Continuum India Pvt. Ltd.
- BA Continuum India
- 15 - 18 years
- Noida, Gurugram
- 5 years ago
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Job Description
Job Description
EMEA Controller Group has overall responsibility for the Legal Entity Financial Control and reporting for the EMEA entities and branches. This includes those in UK, Ireland and France and cover Broker Dealer entities. The individual will be part of a team responsible for the legal entity control activities, including external reporting, management of the financial close, supporting certain aspects of regulatory reporting, driving change and operational excellence.
Responsibilities
Legal Entity Financial Control
Responsible for legal entity financial control of the EMEA entities and branches in UK, Ireland and France. Complexity of Legal entities include Holding companies, subsidiaries, Bank branches and Broker Dealer entities. Including:
Support for monthly US GAAP financial close and BAC subsidiary governance processes Reviewing US GAAP and Local GAAP (IFRSUK GAAP) general ledger entries Preparation of monthly board and other governance materials relating to financial reporting Generating deeper understanding into key drivers of P&L and balance sheet and identifying and correcting anomalies Interaction and collaboration with Business Finance Controllers (Product Controllers) for different desks to understand drivers for broker dealer entities Preparation of Annual audited financial statements Management of audit issues; process and control upgrades; internal and external audit liaison; and leading supervisory review conversations Ensuring monitoring and resolution of intercompany breaks and ensuring balance sheet substantiation Determining local GAAP accounting treatments and ensuring appropriate bookings made Support for legal entity forecasting
Regulatory Tax Reporting Support
Support of Centralized Regulatory Reporting team in reporting to FRBOCC etc. by preparation of data and submission schedules Support of local regulatory reporting to PRAFCACBIECB etc. by provision of general ledger data Provision of data to support local and US tax reporting for direct, indirect and transfer pricing
Finance Liaison and Change
Build relationships across CFO teams including LOB Finance CFOs, Treasury, Liquidity and Tax to understand and resolve accounting and reporting issues. Support change agenda across group and ensure processes are efficient, consistent and sustainable, making best use of technology Supporting GFC and enterprise Operational Excellence initiatives
Requirement
- Education CA or CPA or CMA
- Experience Range Minimum 15 years of experience in Finance, accounting and regulatory reporting preferably in Banking Industry
- Legal Entity control and reporting experience in a financial services business
- Dynamic, high energy, solid work ethic, willing to take on new initiatives some of which may initially lack definition
- Ability to think laterally and identify several possible solutions to problems
- Able to excel and influence in a cross - functional team structure
- Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint
- Driven to learn and develop new skills
- Self - motivated and independent having an excellent control mindset
- Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes
- Able to work in a fast paced, deadline oriented environment
- High level of ownership and attention to detail
- Ability to sound judgment, provide effective challenge and display confidence to challenge
- Ability to self - manage and prioritize, pursue goals and consistently deliver results
- Demonstrate ability to work in a team, while contributing individually and across other teams
- Flexibility and good negotiations skills
- Proficient in the use of Excel, Word and MS Access
- Desired skills
- Strong computer skills (advanced excel and macroaccess) and OracleSAP experiences are preferred
- Exposure to Emerging technologies like Alteryx, Tableau, UI Path, etc
-
Mandatory Skills
Job Classification
Industry: Banking, Financial Services, BrokingFunctional Area: Accounts, Finance, Tax, Company Secretary, Audit,
Role Category: Finance/Audit
Role: Finance/Audit
Employement Type: Full time
Education
Under Graduation: B.A in Other SpecializationPost Graduation: Post Graduation Not Required
Doctorate: Doctorate Not Required, Any Doctorate in Any Specialization
Contact Details:
Company: BA Continuum IndiaLocation(s): Noida, Gurugram
Keyskills: SAP US GAAP Financial reporting General accounting Transfer pricing IFRS Risk management Oracle Forecasting Balance Sheet
BA Continuum India
Overview (Bank of America overview, BA Continuum India overview, Business Overview) Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle- market businesses and large corporations with a full range of banking, investing, asset ...
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