Senior Financial Reporting Analyst

Job Requirements

About the Role

The Senior Financial Reporting Analyst will play a critical role in enhancing the quality and accuracy of internal and external financial reporting. This position is part of the Financial Control, Regulatory Reporting & Taxation department and is responsible for ensuring compliance with Indian GAAP and Ind-AS standards applicable to banks. The role involves close collaboration with auditors, regulatory bodies, and internal stakeholders to support financial decision-making and maintain robust reporting practices.

Primary Responsibilities

• Prepare financial reports in accordance with Indian GAAP and Ind-AS standards applicable to the banking sector.

• Assist in the preparation of annual financial statements, including the Cash Flow Statement and Notes to Accounts.

• Provide financial data for the compilation of the Annual Report, including sections such as Management Discussion & Analysis, Director’s Report, and Corporate Governance.

• Support the drafting of notes for submission to the Audit Committee and Board on topics such as Related Party Transactions, Proposed Dividends, Suspense/Sundry Accounts, and Auditor Remuneration.

• Contribute to the development and maintenance of the Bank’s Significant Accounting Policies and related guidance notes for implementation across departments.

Secondary Responsibilities

• Coordinate with Statutory Auditors for audit requirements, including Limited Review, Statutory Audit, Branch Audits, Internal Financial Control Audit, and IT Audit.

• Liaise with stakeholders to ensure timely submission of the Long Form Audit Report and compliance with RBI inspection requirements.