3+ Financial statements Jobs in Bangalore (Bengaluru) | Financial statements Job openings in Bangalore (Bengaluru)

Qualifications:

• Be part of Product Control team covering various product categories and regions. (Asset classes: FX/FXO, Rates, Fixed Income, Credit, Commodities, Treasury etc.)
• Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSS.
• Ensure the teams are performing timely lockdown of daily and monthly P&L.
• Review various reconciliation reports, management packs and ad-hoc reports.
• Review of month end Journals for accrual, provision and true up. 
• Supporting the introduction of new products within respective business’s and related pre and post execution governance.
• Providing insight with respect to structural and/or system changes and future business expansion/changes and their impact on business performance.
• Independently assess the valuation and associated uncertainty of all assets and liabilities within the respective businesses, specifically continuing the evolution and ensuring the integrity of the IPV and Fair Value reserving processes. Design, implement and maintain policies and procedures for model risk, calibration risk and implementation risk reserving.
• Design, develop and evolve the methodologies to optimise the Prudential Valuation and stress Prudential Valuation framework.

DESCRIPTION OF TECHNICAL COMPETENCIES

• Given the breadth of areas the role covers, it requires a high proficiency in a wide variety of topics, including:
• Product Control experience 4-8 years
• Strong knowledge of accounting rules
• Strong quantitative analytical skills and understanding of financial modelling
• Strong Control mindset
• Strong Product knowledge at across the core business products.
• Strong interpersonal, communication (verbal and written) and negotiating skills.  

Organisation: A fintech neo-banking startup.

Position Overview:

We are looking for a seasoned finance professional to join our team as Finance Head. The ideal candidate will have a strong background in finance and accounting, with a proven track record of leadership in a startup environment.

Responsibilities:

● Develop financial forecasting models to aid in fundraising and inform strategic planning. Maintain and enhance financial models, including future projections

● Develop a financial strategy that supports the company's objectives, focusing on sustainable growth and profitability.

● Closely work with business team to evaluate product pricing, marketing campaigns, unit economics.

● Oversee the day-to-day financial operations, mentor our finance personnel, and ensure a seamless financial workflow.

● Manage treasury function and working capital planning

● Lead negotiations with partners and vendors to ensure beneficial deals, contributing

to the company's profitability and strategic objectives.

● Prepare comprehensive financial updates for internal stakeholders, investors, and tax

authorities, ensuring all reporting requirements are met.

● Ensure legal and regulatory compliance regarding all financial functions across

multiple jurisdictions, including the US, Canada and India .

● Manage fintech finance operations including reconciliation and fund flow

management.

Ideal Candidate:

● Bachelor’s degree in finance, Accounting, or a related field and Chartered Accountant.

● A minimum of 7-10 years of experience in finance, with at least 3-5 years in a senior financial leadership role, preferably in a startup.

● Excellent leadership and team management abilities with a track record of leading a lean team.

● Strong communication skills with the ability to present financial data to non-financial audiences.

● High level of integrity, confidentiality, and professionalism.

We are seeking a Finance Manager to work with the finance team and work on end-to-end financial management including Budgeting, AOP development, MIS preparation & review, variance analysis, financial modeling, cost-benefit analysis, pricing & regular compliance.

The position will appeal to an individual with strong business acumen & the capability to align business goals to financial goals. The successful individual will have a business, accounting, finance background and is a qualified CA/ MBA (finance)/ CFA.

The role will involve being immersed in multiple projects and working closely with stakeholders to ensure financial implications are fully understood as part of the company’s project screening, approval, and performance monitoring process.

Job Duties

• Build short-term & long-term plans (financials models) in line with the strategic objectives of the organization.
• Drive preparation of MIS, variance analysis & providing insights to leadership.
• Leading the preparation of annual operating plans, long-range quarterly forecasts in coordination with operations and business teams.
• Ownership of the P&L and driving of cost optimization/ profitability improvement activities with various stakeholders.
• Partnering with business teams, controllership function & anchoring monthly leadership reviews.
• Develop ad-hoc business analysis & present recommendations to senior management on strategic decisions & planned future initiatives.
• Establish & maintain operating business metrics, defining of KPI & measurement of actual performance against the same.
• Review of financial data & preparation of monthly, quarterly, and annual financial statements and reports.
• Work with accounting & compliance teams to drive monthly, quarterly, annual closing processes.
• Reconciliation of revenue & sales tax data from various sources and identifying the reasons for difference & correction of the same.

Requirements

• Qualified CA / MBA (finance from Tier I/ Tier II institutes) – CFA is an added advantage.
• Strong understanding of the financial statements, accounting principles, and concepts.
• Strong analytical capabilities, financial modeling understanding, attention to detail, adherence to timelines.
• Basic understanding of business valuation concepts.
• Relationship management & team player, ability to take new challenges.
• Three years related experience preferably in MIS/financial reporting/ financial research domains.
• Strong proficiency in Excel; Comfort in making presentations to senior management.
• Good & Effective communication & time management skills