Job description
Key Objective of the Job:
Handle independently Revenue Assurance, Income recognition, NPA recognition for Leasing division
Support INDAS Implementation
Support INDAS Accounting, Reporting requirements
Major Deliverables:
Leasing
Handle the Lease classification under Operating lease vs Finance lease
Determination of the Asset class for lease assets
Record NPA provisioning for Lease assets
Income recognition
Handle Statutory Audit and Internal Audit
Handle documentation of the internal financial controls for Leasing division
Formulate Accounting policies
Maintain Chart of Accounts
INDAS
INDAS Financial statement and disclosures preparation
INDAS Workings for Expected Credit Loss model, EIR working, Fair Value accounting of investment
Annual refresh of INDAS Model
Liaison with Cross functional team for Information requirement for INDAS
System implementation for INDAS for financial statements and transaction system changes
Documentation and updation of INDAS policies and process documents
Ability to support System developments for Revenue Assurance Accounting team
Ability to support financial accounting and reporting requirements
Support Statutory audit, internal audit of INDAS Accounts
Support Implementation of Internal financial controls under the companies act 2013 for INDAS
Educational Qualification: Chartered Accountant
Desired Experience: Chartered Accountant with 3-4 year experience. Of which 1-2 years in Bank and NBFCs.
Desired Knowledge:
Sound knowledge of INDAS preferably cleared CA Institute certificate course for INDAS. Sound knowledge of INDAS standards applicable to Banks and NBFCs
Sound knowledge of RBI Prudential Norms for NBFCs.
Sound knowledge of IGAAP accounting standards.
Sound knowledge of Excel, PPT, Word.
Sound knowledge of Internal Financial Controls – COSO framework
Other Desired attributes:
Good communication skills
Positive attitude
Sound team player
Ability to work in Cross functional projects
https://www.naukri.com/job-listings-manager-corporate-planning-finance-and-accounts-tata-capital-ltd-mumbai-1-to-4-years-091221501338?src=discovery_topCategoriesWdgt_SRP_srch&sid=16932176602616980_13&xp=8&px=1
