AVP - Financial Reporting
Tata Capital · Mumbai · onsite · Posted 50d ago
About a minute. You'll make an account on the way through.
About this role
Main Accountabilities
- Lead monthly, quarterly, and annual financial closures
- Ensure accuracy, completeness and timelines of financial statements
- Maintain alignment between books of accounts, MIS and disclosures
- Oversee GL integrity across portfolios and business units
- Ensure appropriate accounting treatment in compliance with IndAS and IFRS
- Drive cleanup of aged / unreconciled balances
- Ensure adherence to IND-AS and IFRS standards in financial reporting
- Review notes to accounts and disclosures for completeness and accuracy
- Support preparation of statutory financial statements and audit schedules
- Oversee preparation and submission of RBI returns and regulatory filings
- Ensure compliance with applicable regulatory requirements
- Manage ad-hoc data regulatory data request efficiently
- Coordinate with Statutory Auditors, Internal Audit, IFC, and regulatory authorities
- Provide required schedules, reconciliations and explanations
- Ensure closure of audit observations with defined timelines
- Validate revenue recognition, provisioning, and expense accounting
- Identify inconsistencies and implement corrective actions
- Review MIS reports and financial analytics
- Preparation of management and Board-level presentations
- Provide insights on financial performance and variances
- Identify process gaps and strengthen internal controls
- Enhance governance to prevent misstatements and errors
- Drive standardization and best practices across accounting processes
- Champion automation initiatives in financial reporting and reconciliations.
- Collaborate with IT for system enhancements (e. g. , SAP, reporting tools).
- Improve efficiency through system-driven controls and reporting
- Lead consolidation of financial statements across entities, ensuring accuracy and completeness
- Ensure elimination of inter-company transactions and reconciliation of group balances
- Drive timely preparation of consolidated financials in compliance with IND-AS (Ind AS
- Review consolidation adjustments, minority interest, and group-level disclosures
- Coordinate with business units and subsidiaries for standardized reporting and data submission
- Strengthen controls and automation around consolidation processes and group reporting
Qualifications & Experience
-
- Strong knowledge of IND-AS and financial reporting frameworks
- Experience in audit handling and regulatory reporting (RBI preferred)
- Strong analytical and problem-solving skills
- CA preferred
Competencies:
- Ownership
- Boundaryless Behaviour
- Cost Consciousness
Functional Competencies
- IND-AS
- Regulatory Reporting & RBI Compliance
- Financial Controls
- Asset Quality Analytics
- Financial Planning & Analysis
- Data Analytics / Automation
Key Decisions taken
- Validation of financial statements and accounting treatments
- Resolution of discrepancies in GL and financial reporting
- Prioritization of reporting, audit, and regulatory deliverables
- Identification of control gaps and process improvements
- Escalation and resolution of financial risks
- Validation of consolidation adjustments and group-level financial statements
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
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About Tata Capital
Tata Capital
NBFC
12.4k+
employees
2007
19 years old
Mumbai, Maharashtra
India
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