Accounting manager

• Oversee day-to-day accounting activities including journal entries, ledger maintenance, reconciliations, and bank settlements
• Reconcile accounts and ensure the accuracy and integrity of financial data, collaborate with other departments to provide financial insights for decision-making
• Manage and coordinate the month-end close process, including reconciliation and certification of general account balances
• Prepare year-end Financial Statements, ensuring complied with accounting principles, guidance from HO and reflect the branch's financial position
• Assist in the preparation of financial reports for Head Office, ensuring that reports are comprehensive, accurate, and timely
• Prepare and review financial statements on a daily, weekly, monthly, quarterly, and annual basis
• Oversee the opening, maintenance, and closing of accounts, ensuring all documentation is in order and processes are followed
• Conduct accounting operations-related ad-hoc analysis and projects
• Work closely with the branch’s Operation Department, HO’s Accounting Division, and/or external CPA/advisor to prepare and review financial statements on a periodical basis
• Ensure timely and accurate submission of all regulatory reports to the RBI, Taiwanese regulators and other applicable regulatory bodies and conduct periodic monitoring of regulatory ratios to ensure compliance
• Monitor account activities to detect irregularities or potential fraud, ensuring account security
• Establish and maintain relevant accounting policies and procedures, ensuring team adherence to these and group-wide policies and Indian regulatory regulations and norms(tax laws, IFRS, banking regulations etc.,)
• Coordinate with external auditors, regulators for reviews, audits, and examinations, assisting in resolving any audit findings
• Act as the primary compliance coordinator for accounting functions, participate in compliance activities related to AML, KYC, and applicable regulation and norms
• Research and evaluate new accounting pronouncements or regulatory changes and assess impact on financial reporting
• Oversee the bank's tax planning and compliance activities in India
• Ensure compliance with Indian tax laws, including income tax, TDS, GST, and other applicable taxes
• Prepare documentation and schedules for tax-related filings by collaborate with external parties such as CPA, advisor and vendors
• Establish and maintain strong financial controls to safeguard bank's assets
• Identify and mitigate financial risks including performing risk monitoring and risk assessment related to accounting field
• Ensure complied with internal standard and regulatory requirements including AML/CFT, KYC, sanction list and other applicable norms in both India and Taiwan
• Identify opportunities for process improvements in accounting operations and drive implementation of solutions
• Collaborate with IT, operations teams, and the vendors to resolve system-related issues
• Participate in system establishment, upgrades, UAT testing, and implementation for accounting-related system/applications
• Coordinate with Head Office to address various accounting issues
• Lead, coach, and support the accounting team, providing guidance, resources, and performance evaluations
• Ensure accountability and goal alignment within the department
• Provide staff training to enhance technical proficiency and regulatory knowledge
• Develop career development plans to support long-term employee growth and succession planning
• Build and maintain strong relationships with key stakeholders, including regulators, tax authorities, auditors, advisors and vendors
• Manage relationships with Head Office Accounting Division, Administration Affair Division, and ensure alignment with global financial and accounting policies and procedures
• Manage other accounting related projects and tasks as assigned by management

• Minimum 5 years of accounting supervisor experience at a foreign bank in India, such as Korean banks, is highly desirable
• Possess strong proficiency in the Indian Accounting Standard and IFRS is a must
• Holding a certificate as a Chartered Accountant will be preferable
• Deep understanding of Indian banking regulation applicable to a foreign bank and practical operations related to accounting and tax planning
• Bilingual proficiency in English and Mandarin (oral and/or written) is a plus
• able to prepare clear, professional reports and correspondence for Head Office and Indian stakeholders
• Demonstrate robust analytical skills coupled with a meticulous attention to detail
• Exceptional organizational and time management skills
• able to prioritize effectively under pressure to meet business and regulatory deadlines
• Able to work in a fast-paced, challenging environment, being proactive and able to solve problems on time

Bilingual proficiency in English and Mandarin (oral and/or written) is a plus