AVP Financial Reporting

Job Description

End to end ownership of the process around cost reporting services covering Function / Segment / Regional business portfolios. Ensure high quality service delivery through measurable performance metrics ensuring effective control and risk management, stakeholder engagement and leadership development.KEY RESPONSIBILITIES:Accountable ownership of deliveriesDrive end-to-end process standardisation fully aligned to Global processes, reduction of low value add activities and Business Efficiency targetsOwnership & continuous improvement of KPIs through measurable performance metrics thereby ensuring high quality service delivery, effective control and risk management, stakeholder engagement and leadership developmentIntroduce and maintain high quality standards with respect to service delivery across both sites (primary site Chennai and secondary site Bangalore). Ensure that all the critical performance targets/standards as agreed and defined under the Service Level Agreements are met / exceeded.Ensuring that an effective system of financial & operational controls are introduced, maintained and continually enhanced. Ensure adherence to Bank s Operational Risk framework. Ensure adequate governance is exercised in the introduction/ decommissioning of new processes and that relevant documentation and controls as applicable are duly complied with.Ensure that activities and processes are well documented and that a robust BCP plan is in place.Working with Business partners, stakeholders and clients to provide vision and direction to upscale the existing level of serviceEngage senior stakeholders/business CFO s to drive conversations in agreeing to deliver a shared agenda of improvements/enhancements within the Processes.Participate and provide support in all Global Finance initiatives & projects (mainly impacting cost) as launched from time to time. (E.g. Controls, Reengineering, Training etc).Understand the pain areas and provide recommendations for a more efficient and effective end to end process including technology related aspects.Embed a culture of continuous process and efficiency improvement within all teams and ensure that a process exists to constantly identify and implement improvement opportunities.Ensure a smooth Cost planning process for the relevant function with clear schedule and roles & responsibilities defined within the teamContribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives. Participate and Support in all Global initiatives as applicable from time to time.Effectively lead change, manage and escalate risks arising out of transition of new processesKEY RELATIONSHIPS:Internal: CFOs of the countries & Group served by GFSVarious business heads of GFSGBS, Fin, Risk & ComplianceKEY COMPETENCIES & EXPERIENCE:A seasoned Finance Professional with a leading Global Financial Institution.Strong Analytical and Strategic mindset, coupled with a thorough understanding of Performance management and process Management.Ability to understand and connect business drivers and rationale for and application of those relevant to process.Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders.Experience of having participated in any relevant strategic or finance related projects like Business Efficiency, cost optimisation/reduction projects.Substantial experience of banking, depth and breadth of knowledge in processes especially in the areas of Management Reporting.Experience of having led medium sized teams.A leader, a team player with the management ability and track record to secure the confidence and respect of the peers, stakeholders and the executive management team.Ability to culturally orient in diverse & international team environment and lead and inspire multi-disciplinary teams.Ability to work effectively under pressure, multi task, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situationsQUALIFICATIONS/SKILLS:Chartered Accountant or MBA with 15+ years of relevant finance experience in Financial Planning & Analysis, Performance management, quantitative analysis, and market share analysis and/or competitive analysisStrong understanding of financial industry, specifically banking products and servicesIn-depth knowledge of the drivers of businesses performance and relevant key performance measures of Banking businessEffective communication skills, including presenting and influencing senior management.Make sound decisions/influence making sound decisions based on business prioritiesComfortable dealing with incomplete information, uncertainty, change and dealing with ambiguitiesExcellent Excel & PowerPoint skillsExcellent written and oral communication skills.Solid people and project management skills.Leadership skills and ability to influence others in decision makingRelationship and stakeholder management skills is importantInitiative and proactive thinkingREPORTS TO: Function HeadDIRECT REPORTS: Senior Manager/ Manager,

Keyskills :
marketshareanalysis highqualitystandards effectivecommunicationskills leadchange marketshare costplanning servicelevel globalfinance riskmanagement servicedelivery ostrep ting