Mashreq - Lead - Financial Reporting - CA/CPA

<p>KEY RESULT AREAS:<br/><br/>- Preparation of financial statements, including semiannual reviewed financials and annual financials, in accordance with International Financial Reporting Standards (IFRS) for Overseas Branches.<br/><br/>- Coordinate with external auditor in providing information required for their audit process.<br/><br/>- Managing financial notes in accordance with IFRS standards.<br/><br/>- Prepare monthly financial reports for senior management, incorporating comprehensive analysis of variances.<br/><br/>- Perform comprehensive monthly variance analysis, ensuring timely identification of deviations from expected performance.<br/><br/>- Support in Implementation of new systems or their upgrades along with testing of new products including reviewing product details, preparation of accounting entries.<br/><br/>- Review outstanding items in Sundries Accounts of all Overseas Branches for follow up and escalate for settlement / write off instructions / approvals in line with APPM for Branches and take corrective action to safeguard against potential losses.<br/><br/>- Continuous review of areas requiring automation for generating MIS in an efficient and timely manner and carrying out testing for new or upgraded systems.<br/><br/>- Establishment of accounting procedures for new overseas branches.<br/><br/>- To ensure that SOP's related to Overseas accounting & reporting are up to date and maintained in the system.<br/><br/>- Coordinating with respective teams in opening/modification of GL's in Flexcube.<br/><br/>- Maintaining up to date mapping of all the GL's in the OFSAA system.<br/><br/> OPERATING ENVIRONMENT, FRAMEWORK AND BOUNDARIES, WORKING RELATIONSHIPS:<br/><br/>- Preparation of monthly/quarterly/yearly financial results.<br/><br/>- Perform General Ledger requirement, Review of accounting for new products, Implementation and review of IFRS standards.<br/><br/>- The job-holder has working relationships with all Branches / Subsidiaries / HO Divisions / Departments, as also External / Internal Auditors.<br/><br/> KNOWLEDGE, SKILLS AND EXPERIENCE:<br/><br/>- The incumbent should be a Chartered Accountant (CA), Certified Public Accountant (CPA), or ACCA with over 4 years of experience in financial reporting and accounting with strong knowledge of IFRS and its application.<br/><br/>- Proficiency in computer accounting software and core banking systems.<br/></p> (ref:iimjobs.com)