3 Ifrs15 Jobs

Hiring for Product Control Job Location- Bangalore IF interested , Share CV Mohini.sharma@adecco.com Responsible for the daily P&L production and analysis along with ensuring integrity of Balance-Sheet of GCM Financing Portfolio. New deal review and revenue recognition in line with IFRS9 & IFRS15 accounting standards. Net Interest Margin analysis of banking book portfolio. Actively engaging with stakeholders across multiple functions and representing PC on various forums. Responsible to oversee and review the BAU controls, reporting, and escalation process. Production of periodic MI pack with commentaries. Establishing best practice across various PC process, streamlining and automation. Supervise, mentor and provide leadership to the existing team. Review of Key Control Indicators (KCI) and Control Sample Testing (CST). Supporting control & governance, external audits and regulators queries. Support new business initiative and help execute on management strategies. Lead project delivery and represent Product Control in project forums

Vice President Transaction Service - Product Control For a leading client in the banking industry, we are seeking a Vice President for Transaction Service - Product Control. This role is pivotal in managing the daily production and analysis of Profit & Loss (P&L) and ensuring the integrity of the Balance Sheet for Transaction Banking, including Cash Management and Trade products. The successful candidate will possess a deep understanding of trade products and cash management business, focusing on commercial aspects such as Return on Risk-Weighted Assets (RWA). This position requires a strategic thinker who can engage with stakeholders across multiple functions and represent Product Control in various forums Benefits Competitive salary commensurate with experience and industry standards Opportunities for professional growth and development within the banking sector Access to a collaborative and dynamic work environment Comprehensive health and wellness benefits package Support for continuing education and certification programs What you will Do? Manage daily P&L production and analysis, ensuring balance sheet integrity Understand and analyze transactions in trade products and cash management Compute and control consistent Pass Through Rate (PTR) in cash management Review new deals and revenue recognition in line with IFRS9 & IFRS15 standards Engage with stakeholders and represent Product Control in various forums Your Skills Extensive experience in banking, with a minimum of 10 years in product control Deep understanding of trade products such as working capital loans and trade loans Proficiency in analyzing NIM fluctuations and balance sheet movements Strong knowledge of IFRS9 & IFRS15 accounting standards Ability to lead project delivery and support new business initiatives Interested? If you are interested in this opportunity, we encourage you to submit your application through our online platform or via email. We prioritize the health and safety of our employees and clients, consulting with medical experts to ensure a safe working environment. We welcome applications from individuals who contribute to the diversity of our company and are eager to bring their expertise to a dynamic team.

Meet our Team The Revenue Performance Organization in Controllership is a dynamic, stakeholder, and customer-oriented team in Finance that is focusing on revenue recognition. We value business focus while ensuring that we meet compliance and revenue standards under IFRS (International Financial Reporting Standards). We collaborate with logistics, FP&A, broader controllership, change management, shared services, and audit associates. What youll be doing In this role, you are responsible for ownership of end-to-end revenue processing along with the associated cost, and balance sheet accounting including reconciliations. Your focus will be on ensuring completeness and correctness of transactions including proper reclass to various revenue streams and business units, preparing, reviewing, and approving manual JV and balance sheet reconciliations, month-end close activities, and close cooperation with internal and external auditors including maintenance of JSOX narratives. You will be also involved in OTC projects and support FP&A or business queries related to revenue. You will be using SalesForce CRM, Oracle ERP, Zuora RevPro revenue system, and the Kimble PSA system to perform the role You will have opportunities to collaborate with Global Revenue Performance colleagues to achieve consistent best practices and judgment. What you bring to the team Accounting knowledge and applicable knowledge of IFRS15, IFRS16, or ASC606. Adept at using cloud-based applications common in the industry. At least 3 years of experience in an industry-related field. Professional degree such as BS/BA in Accounting, Finance, Business Administration, or Economics. CPA/CMA/MBA or equivalent is a plus.