Job Title

Senior Manager/ AVP Fincon

Function / Department

Fincon

Ø  To build control at various stages of product life cycle after going through the product program.

Ø  Define the complete set of accounting entries in the Loan Management system for the new product.

Ø  Verify product maintenance made by operations and confirm on the correctness.

Ø  Tracking all the enhancements in system required from Fincon on loan accounting.

Ø  Handling the audits for Loan Accounting process.

Ø  Review of Loan Accounting Schedules, Ageing and closure of open items.

Ø  Maintain monthly issue tracker. Lead the monthly meeting with Tech & Ops to discuss the issues raised during a month and track the issues till the root cause is fixed.

Ø  Complete ownership of customer based GL balances appearing in the trial balance.

Ø  To do a detail Monthly reviews of the GL balances and raise issues if any. Take all the issues to closure and maintain the detailed issue tracker.

Ø  Periodic UAT of the standard reports  based on customer based GL codes.

Ø  Do sampling of selected loan accounts to ensure no revenue leakages.

Ø  Validation of manual entries & verification of rectification entries passed in LMS

Ø  Handling Assignment and Securitization deal related accounting processes.

Ø  Experience in Convergence of IGAAP to INDAS or IFRS reporting and understand the changes to be implemented in Loan Accounting.

Ø  Prepare all the customer related GL’s schedule

Perspective

Key Performance Indicators

Business and Financial Management

Handle audit on loan accounting for the company, analyze revenue and ensure all the revenue gl balances are correct at the reporting date. Responsible to ensure that all Customer GL balances are in sync with the transaction system balance

Customer Focus

Need to coordinate with various departments and resolve queries raised on product, loan accounting & GL Maintenance.

People / Team

Cordinate with technology Staff on loan accounting system and constantly educate them on the changes in process.

Process / Quality Improvement

Track & ensure that all loan accounting events are trigged timely and all the appropriate entries are posted in the correct gl.