Sign In
 [New User? Sign Up]
Mobile Version

AVP Product Control,TMO

Gurgaon, HR
Job Code:
  • Banking & Finance
Applying for this job will take you to an external site
  • Shortlist
  • Email Friend
  • Print

Job Details

The ResponsibilitiesScope of RoleDaily calculation and reporting of Profit & Loss and/or Balance Sheet statements for respective trading desks, including reconciliation, analytical review, driver analysis.Ensuring that the month end numbers agree to the sum of the daily P&L or provide meaningful explanations.Ensuring systems reconciliation breaks are explained / cleared.Ensuring sign-off of daily and monthly P&Ls by traders.Monitoring of all pricing and valuation issues, including off-market rate analysis in respect of all positions held by the desk.Development and management of suitable controls around applicable accounting constraints.Close liaison with the Front Office to ensure the timely and efficient resolution of queries and provision of other ad-hoc business support.Close liaison with Market Risk, Global Pricing Unit, Operations and other Finance teams to ensure the timely and efficient resolution of queries.Monthly Balance Sheet Substantiation and control.Involvement in project work covering controls enhancement, efficiency initiatives and strategic developments in order to provide business advantage.Provision of accurate and timely service for specific unit whilst ensuring all outputs are validated and delivered in accordance with SLAs.Ensuring compliance with financial reporting standards, legal, SOX, regulatory and supervisory and RBS requirements.Constantly challenge and look for more efficient & automated solutions wherever possible.Establishing and maintaining strong working relationships at all levels, with both the business and support areas as well as other areas within Finance, providing an integrated and proactive approach to business development.Expert advice on accounting & prudential matters.Coaching and leadership may be required.Mentoring and preparing COE as per changing needs of the businessEnsuring Line manager effectivenessOversees process improvements & improvement of service deliveryAligns divisional objectives to the team objectivesLeads multiple process teams/a department or FunctionPurpose of the roleTo undertake complex financial / accounting issues and coach younger members of team. To support Team Leader in achieving goals of the team/department. To lead projects and process improvements initiatives as well as support Team Leader in review and challenges of team outputs.Key DeliverablesOversee calculations of statements and other financial reporting in line with business requirements,Work proactively with all the internal and external stakeholders to resolve any issues around the process performed,Ensure accuracy and completeness of all the results & submissions,Take over new processes and amend existing processes in line with business requirements,Work proactively with all stakeholders,Resolve all non-standard queries around processes performed,Establish and maintain excellent relations with internal and external stakeholders,Ensure process documentation is completed, reviewed and updated (as required),Identify improvements in the processes to obtain efficiencies and improve key controls,Assist the Middle Office team in ad-hoc queries and new business requirements as necessary.Ensuring that team provides accurate and timely service for specific unit whilst ensuring all outputs are validated and delivered in accordance with SLAs Develop an understanding of Finance Architecture changes and the impact of these on team processesResponsible for team s full compliance with all internal control processes and policies eg. AYIC, Business Continuity, SOX compliance, Reconciliation PolicyBuild relationships with internal partners (various IT teams, Project teams, Product Control teams, Operations Teams)Ensure resourcing and adequate capacity and capability available at all times for effective deliveryTake ownership for the performance management, talent management and succession planning for the teamPeople Management Responsibilities Support other team members of staff who are responsible for understanding business issues and deal with enquiries in a professional mannerHelp develop individuals knowledge and skills through training / coaching/ Mentoring
Additional Degree: BA (Arts) | B.Com. (Commerce) | B.Pharm. (Pharmacy) | B.Plan. (Planning) | B.Sc. (Science) | BBA/ BBM/ BBS | BCA (Computer Application) | Diploma-Other Diploma | B.Ed. (Education) | BHM (Hotel Management)

Experience: 2-5


Cost Accounting/ ICWA | ICWA
Applying for this job will take you to an external site


© Copyright 2015 Al Nisr Publishing LLC - powered by Gulf News