Financial Reporting

Role Purpose

Financial Reporting will lead the Financial Reporting function of the Bank and be responsible for endtoend financial reporting, audit management, and financial governance.

The role ensures timely, accurate and compliant financial closes under IGAAP (for RBIregulated bank reporting) and Ind AS (for parent/group consolidation).

The role also owns governance and compliance of Related Party Transactions (RPTs) and provides oversight and control over Finance Shared Services, which execute operational finance activities.

Key Responsibilities

Financial Reporting & Close Management

• Lead and manage monthly, quarterly and annual financial closes as per approved calendars.
• Review and finalise:
• Financial statements under IGAAP
• Ind AS financial information for parent / group consolidation
• Ensure accuracy and completeness of trial balances, accruals, provisions, cutoffs and reconciliations.
• Review critical journal entries, estimates and judgments before finalisation.

Audit & Accounting Governance

• Act as daytoday SPOC for Statutory Auditors, Internal Auditors and Group Auditors.
• Lead audit planning, PBC management, walkthroughs and closure of audit observations.
• Drive preparation of accounting position papers and technical memos.
• Ensure zero repeat audit findings and continuous improvement in audit outcomes.

Related Party Transactions (RPT) Governance

• Own monitoring, governance, accounting and disclosure of RPTs.
• Ensure compliance with Companies Act, RBI guidelines, IGAAP and Ind AS.
• Coordinate with Legal, Compliance and Secretarial teams for approvals and Audit Committee / Board reporting.

Shared Services Governance

• Provide governance and oversight over Finance operations executed through Shared Services, including:
• ProcuretoPay (P2P)
• Accounts Payable (AP)
• Fixed Assets
• Operational tax processes
• Define and monitor SLAs, KPIs, ageing and exception reports.
• Ensure shared services outputs meet accounting, control and audit standards.

Team Leadership & Development

• Lead a team
• Allocate work, review outputs and ensure adherence to timelines and quality standards.
• Coach and develop team members on accounting, audit handling and reporting discipline.
• Build bench strength and ensure continuity during close and audit cycles.

IPO Readiness & Controls

• Support IPO readiness initiatives, including:
• Strengthening audit documentation and financial controls
• Improving depth and consistency of financial disclosures
• Supporting restatements or carveout financials, if required
• Drive improvements in internal financial controls (ICFR) and process standardisation.

Key Success Measures

• Ontime and accurate monthly and quarterly closes
• Clean statutory audits with no highseverity or repeat observations
• Strong RPT governance with zero compliance lapses
• Effective shared services oversight and SLA adherence
• A capable, wellgoverned financial reporting team
• Improved IPO readiness indicators

Skills & Competencies

Technical Skills

• Strong experience in financial reporting under IGAAP and Ind AS
• Handson statutory and internal audit management
• Understanding of banking / NBFC accounting and RBI regulatory environment
• Experience in shared services governance
• Working knowledge of ERP / GL systems (SAP / Oracle or equivalent)

Leadership & Behavioral Skills

• Proven peoplemanagement capability
• High ownership and execution orientation
• Strong stakeholder management and communication skills
• Ability to manage tight timelines and multiple dependencies
• Structured, detailoriented and controlfocused mindset

Educational Qualification

• Chartered Accountant (CA) Mandatory

Work Experience

• 710 years of postqualification experience
• Experience in Banking / NBFC / Financial Services / FinTech will be preferred
• Exposure to:
• Dual reporting frameworks (IGAAP and Ind AS)
• Related Party transactions governance and Internal controls over financial reporting
• Managing small to midsized teams
• IPO readiness or listedentity reporting (preferred)