Senior Manager / AVP - Finance, Taxation & Accounting (Societe Generale Bank)

Job Summary

• • To manage financial control activities, accounting, and tax compliances.
    

Main Responsibilities / Accountabilities / Tasks    

1. Financial Control and Accounting

a.      Monitor and manage compliances of accounting standards.

b.      Manage month-end closings as per Local & Group (IFRS & French) accounting standards.

c.       Monitor various financial control metrics and risks.

d.      Monthly attestation of trial balance and performing control testing.

e.      Review financial statements / schedules for group reporting.

f.       Represent finance department in various KPI and governance meetings.

2. Taxation

a.      Ensure all direct and indirect tax compliances on monthly, quarterly and annual basis.

b.      Co-ordinate with Tax consultants/Regional tax team for all Tax assessment & Litigations.

c.       Co-ordinate & manage all the Tax related projects such as Advance pricing Agreement related filings & finalization.

d.      Monitor, implement changes pertaining to Direct and Indirect tax laws and ruling.

e.      Support business with tax inputs for new product/business developments.

f.       Manage tax trackers and monthly updates to regional tax team.

3. Internal and External audits – Actively participate and contribute for various internal and external audits.

4. Update knowledge on tax and accounting

a.      Monitor changes in the field of accounting and taxation.

b.      Update changes in local regulation committee.

c.       Make necessary changes in processes/systems to implement applicable changes.

5. Projects

a.      Support new products/business development by giving inputs on applicable accounting and taxation.

b.      Identify scope of improvements for time/effort saving and fine tuning processes.

c.       Participate in Automation Projects – drafting business requirements, UAT, parallel run, signoff etc.

• Academic Background (degree and major):
  Chartered Accountant and Relevant Certifications as recommended under Capacity Building Policy
  
  
• Skills & Competencies required:
  Core-:
  • Experience in Banking industry is a must
  • In depth understanding of Accounting of banking products and banking regulations.
  • Strong technical knowledge of direct tax and indirect tax
  • Exposure to handling projects will be an added advantage

Client-:

• •  Ability to collaborate with internal & external stakeholders

 Team Spirit-:

• • Ability to build synergy within and outside of the team
  • To be able to listen actively and share information within the team and with other teams as well
  • Ability to deal with conflicts proactively and in a positive mode

Innovation

• • Ability to simplify processes and adopt new technologies / systems

Responsibility-:

• • Ability to express one’s convictions and act with courage
  • Ability to make decisions within the scope of one’s responsibilities
  • Having a risk mindset
  • Striving for high performance

Commitment-:

• • Being able to continuously develop one’s competencies and knowledge

• Language Skills:
  English - good written and verbal skills
  
  

• Computer Skill:
  Proficient in MS Excel & Powerpoint

Societe Generale is one of the leading financial services groups in Europe. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth, putting its resources to work to finance the economy and its clients’ plans. With a solid position in Europe and a presence in countries with strong potential, the Group’s 145,700 employees in 66 countries support 31 million individual clients, large corporates and institutional investors worldwide by offering a wide range of advisory services and tailored financial solutions.
 
Societe Generale was established in India in the year 1978. In 1985, Societe Generale Bank commenced operations as a Scheduled Commercial Bank in Mumbai. Since then, it has a proud legacy of servicing corporates and clients. New branches were added in Delhi (1993).  Societe Generale not only offers an extensive product portfolio to different market segments, but customizes solutions in investment banking, global finance and global markets. Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.