BASIC RESPONSIBILITY
Assist the manager of Balance Sheet and Loans Reporting in providing accurate and timely financial information to the banks shareholders in an increasingly efficient and effective manner
PRIMARY RESPONSIBILITIES
1) Prepare, review and analyze financial information included in the bank’s annual and quarterly reporting to shareholders (Balance Sheet components)
2) Provide mapping guidance on all balance sheet related G1 accounts and reporting lines in accordance with established policies and procedures, in conjunction with the Financial Reporting Structure team
3) Prepare, review and analyze the bank’s monthly & quarterly balance sheet and variance analysis memos including maintenance of eFRS reports.
4) Work closely with Corporate Treasury and Capital Management Reporting to ensure balance sheet information is properly captured/transmitted
5) Prepare, review and analyze bank’s statement of cash flows including variance analysis memo
KEY ORGANIZATIONAL RELATIONSHIPS
1) Report to Manager – Balance Sheet and Loans Reporting
2) Regulatory Reporting, Corporate Treasury and Capital Management reporting
3) Investor Relations and External Reporting
4) Financial Reporting Structure Team
5) External Auditors
6) Work closely with Senior Finance management in BU/FU/GU
NEXT 12 MONTHS' GOALS (3 - 5 PRIORITIES)
1) Understand balance sheet reporting requirements and processes
2) Assist the group in meeting statutory reporting deadlines
3) Ensure accurate consolidated reporting in accordance with GAAP
4) Ensure that balance sheet preparation processes are in accordance with SOX & EUC documentation
5) Ensure that preparation of balance sheet package and fixed assets have been as streamlined as possible through the use of automation
PLAN FOR ACCOMPLISHING 12-MONTH GOALS
1) Work with FIT to develop automation for fixed asset files
2) Work with business units to improve the accuracy of reporting to Head Office and provide support and accounting guidance to the business units where required
3) Work with Manager, Balance Sheet & Loans Reporting and other members of team to gain a full understanding of reporting requirements and processes
4) Review SOX and EUC documentation to ensure all documented processes are up-to-date and accurate.
HOW TIME WILL BE ALLOCATED
1) 40% - Analysis and production
2) 15% - Review of monthly and quarterly balance sheet package
3) 10% - Global Chart of Accounts and Reporting Lines RLN
4) 10% - EFRS reports maintenance
5) 15% - Special Projects
6) 10% - People Management
Requirements
1) Strong financial and management reporting skills
2) Recent CA (Having worked in Financial Institution or other complex engagements)
3) Ability to identify efficiency improvements and manage process changes
4) Team leadership, superior inter-personal, and communication skills
5) Strong organizational and analytical skills
