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IDFC First bank Hiring for Financial Reporting Analyst

Required Key Skills 

• Financial reporting as per the Indian GAAP
• Co-ordination with the Statutory and Internal Auditors and to ensure timely completion of Audit.
• Co-ordinate, review and provide support through appropriate inputs/financials to the teams for the yearly/quarterly MIS reporting. Assisting in preparation of monthly and quarterly financial statements
• Daily review of Trial Balances, co-ordinating with operations/recon teams for variances, review of old ageing in suspense/sundry accounts, identifying gaps in accounting & its resolution.
• Preparation of data for submission to regulators like RBI, SEBI, stock exchanges and co-ordinating with auditors for various quarterly & annual certifications.
• Automation of manual compilation of data, Rationalisation of GL accounts & Chart of Accounts.
• Reviewing product notes, designing accounting entries for the new products.
• Process improvements, risks and controls assessment from the financial reporting perspective.
• Building control around GL accounts, transaction monitoring, building system based alerts

Qualification

• Graduate – Any
• Post Graduate- Any
• Professional Qualification- CA
• Experience: 0 to 2 years

IDFC Limited was set up in 1997 to finance infrastructure, focusing primarily on project finance and mobilization of capital for private sector infrastructure development. Whether it is financial intermediation for infrastructure projects and services, whether adding value through innovative products to the infrastructure value chain or asset maintenance of existing infrastructure projects, the company focused on supporting organisations to get the best return on investments. The Company’s ability to tap global as well as Indian financial resources made it the acknowledged experts in infrastructure finance.

Dr. Rajiv Lall joined the company in 2005 and successfully expanded the business to Asset Management, Institutional Broking, and Infrastructure Debt Fund. He applied for a commercial banking license to the RBI in 2013. In 2014, the Reserve Bank of India (RBI) granted an in-principle approval to IDFC Limited to set up a new bank in the private sector. Following this, the IDFC Limited divested its infrastructure finance assets and liabilities to a new entity – IDFC Bank- through demerger. Thus, IDFC Bank was created by demerger of the infrastructure, lending business of IDFC to IDFC Bank in 2015.