RATNAAFIN
Website:
ratnaafin.com
Job details:
Role Objective:
To evaluate Head Office functions including finance, treasury, accounting controls, and regulatory reporting to ensure financial integrity, governance compliance, and risk mitigation.
Key Role & Responsibilities:
1. Treasury Audit
- Review borrowing structure and fund utilization.
- Verify compliance with sanction terms from banks/NBFC lenders.
- Monitor interest calculations and covenant compliance.
- Audit ALM reporting and liquidity position.
- Verify investment transactions and fixed deposit placements.
2. Accounts & Finance Audit
- Scrutiny of General Ledger, Trial Balance & P&L and Balance Sheet schedules
- Review provisioning calculations.
- Verify income recognition practices.
- Check write-offs and technical write-offs with DOP delegation.
- Review expense controls and authorization.
- Review of TDS & GST with reconciliation.
- Fixed assets review with accounting register and their treatment.
- Audit of Employee incentive payouts as per Policy.
- Review of DSA payouts as per the agreement.
3. Ledger Scrutiny & Control Review
- Review suspense accounts & clearing accounts.
- Identify unusual journal entries.
- Verify manual adjustments and back-dated entries.
4. Bank Reconciliation Audit
- Verify monthly Bank Reconciliation Statements (BRS).
- Check long pending entries.
- Investigate unusual debit/credit entries.
- Confirm balances with banks periodically.
5. Regulatory Reporting & Compliance
- Review returns submitted to:
- Reserve Bank of India
- Credit Information Companies (CICs)
- Verify statutory compliance filings.
- Review compliance with Companies Act (if applicable).
6. Vendor & Outsourcing Audit
- Review vendor payments and agreements.
- Assess outsourcing risk framework.
- Ensure compliance with RBI Outsourcing Guidelines.
Key Skills:
- Strong knowledge of accounting standards.
- Understanding of treasury and fund management.
- Expertise in financial statement analysis.
- Advanced Excel & data analytics capability.
- Knowledge of regulatory reporting norms.
Click on Apply to know more.