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Vice President – Audit and Controllership

Employer
Fincare Small Finance Bank
Location
Bangalore (Division), Karnataka (IN)
Salary
alary is commensurate with experience. Excellent benefits package.
Closing date
Feb 27, 2022

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Job Role
VP Finance
Sector
Banking
Contract Type
Permanent
Hours
Full Time
Level of qualification
CPA, Experienced, Degree, CIMA
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Job Details

Key Responsibilities

The primary role of this position is leading and managing Statutory Audit, limited review audit, Ind AS related work for the bank along with Finance Controller activities.

Role holder will be primarily responsible for:

• Managing the team responsible for statutory audit of the bank and leading the process end to end

 • Lead the audit process, Drafting Bank’s financials including all disclosers and working with internal stake holders / external auditors to ensure accurate / timely completion of audit process and publishing results.

• Managing and producing the statutory financial information for quarterly / yearly audit and annual reports. Providing an oversight on tax, internal controls, audit related matters and others as relevant from the job profile perspective.

• Playing Controllership role, pursuing clean balance sheet by exercising appropriate controls, reviews etc. • Ensuring compliance with statutory law and financial regulations.

• Working closely with management or executive teams to share reports and analysis findings.

• Any other activities as per management requirement.

 

Technical competencies

• Financial book closure experience is must

• Managing end to end Statutory Audit, Limited Review audit work, Ind AS knowledge would be very relative to the role

• Leaders playing such role in their existing job and experience in Banking /BFSI Industry would be preferred.

• Statutory audit experience in any Private bank or Scheduled Commercial Bank would be added advantage

Company

The journey of Fincare Small Finance Bank was the process of coming together of 2 NBFC Micro Finance Institutions, Future Financial Servicess and Disha Microfin. Disha Microfin received the final license from the RBI under section 22 of the Banking Regulation Act, 1949 to launch Banking operations in May 2017. The Bank commenced banking operations on 21st July 2017, with a vision to enable the financial inclusion of the unbanked and underbanked base of the pyramid, mass retail and micro and small enterprise segments with the active participation of the affluent. In the first quarter of FY20, Fincare Small Finance Bank was included in the Second Schedule of the Reserve Bank of India Act, 1934. By virtue of this, our Bank is now a Scheduled Commercial Bank, a status that reflects the highest degree of trust and good governance.

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