The role is based out of Bangalore and reports to VP of the respective Asset Class. The PC team supports various asset classes like FX, Rates, Credit, & XVA etc.,

• Submission of P&L, Forecast month end P&L liaising with wider finance team and business COOs.
• Performing deal review and approving fee recognition based on IFRS9 and IFRS 15 principles.
• Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSRS.
• Should be able to substantiate daily and monthly adjustments held in P&L and control accounts.
• Help to guide and train Associate Manager and Specialist in the team to ensure efficient process.

Strategy

• Review monthly balance sheet, with substantiation and potential financial exposure.
• Review/Prepare various reconciliation reports, management packs and adhoc reports.
• Posting and review of month end Journals for accrual, provision and true up.
• Take responsibility for the quality of work submitted and ensure that the highest standards are maintained.

Business

• Ensure adherence to SLA’s, KPI’s , Internal metrics & FMG wide policies.
• Identify/ manage risk and control breakdowns.
• Develop & maintain effective and standard processes. Maintain KOP’s/DI’s.
• Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system.
• Production of monthly packs and assist in implementation of sound controls and consistent processes around Monthly packs.
• Balance Sheet & RWA forecast for Corporate Finance
• Client Analytics – Understanding Client performance, relationship, and resource consumption.
• Production and validation of CF scorecards for measuring business performance.
• Bespoke analysis surrounding ledger and client balances and helping the business achieve its target

Processes

• Review of month end Journals for accrual, provision and true up. Take responsibility for the quality of work submitted and ensure that the highest standards are maintained. Ensure adherence to SLA’s, KPI’s, Internal metrics & FMG wide policies.

People & Talent

• Maintaining a pleasant workplace environment which is motivating and enables high performance within team.
• Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals. (including people development, pipeline/skills monitoring, and training programs,)
• Manage leaves and attrition, create enough backup / cross trainings.
• Minimize dependency on key people by cross training and succession planning.
• Manage career and growth expectations of people.
• Leverage upon knowledge and skills sitting with other teams at same location or similar team sitting across the globe.
• Enable movement of people as and when required to manage resourcing across Product Control.

Risk Management

• Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSRS.

Key Stakeholders

• Regular face off with Deal Team, Product Control Management, Regional finance team and various internal stakeholders within GFS.
• Act as a point of reference for team members and internal clients.
• Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution
• Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.

Other Responsibilities

• Embed Here for good and Group’s brand and values in team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats);

Skills And Experience

• Communication
• Accounting
• Product Control

Qualifications

• CA/MBA/CFA/FRM/ACCA with 8-10 years of work experience