Finance & Accounts-Financial Reporting Team

About Axis Bank

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture, and Retail Businesses. The Bank aims to build strong customer relations through smart communications technology and empowered customer care representatives.

Your role

About Finance & Accounts:

The Finance and Accounts department in Axis is responsible for planning, organizing, auditing, accounting, and controlling the Bank’s finances. The finance department produces the company’s financial statements and is responsible for compliance with government norms and tax filings.

About the role:

The Financial Reporting Team is responsible for Financial Reporting under Indian GAAP (standalone and consolidated). They are also responsible for the preparation of MIS and reconciliations and assist in the quarterly/annual statutory audit and SoX audit.

Key responsibilities:

• Responsible for the preparation of key reports for the Financial Reporting team and monitoring of key processes regularly within pre-agreed timelines.
• Assist in the monthly and quarterly preparation of P and L and the Balance Sheet.
• Assist in compiling data for Risk Based Supervision (RBS) to be submitted to RBI.
• Assist in executing miscellaneous Adhoc activities/projects which may come up from time to time.
• Responsible for passing the day-to-day accounting entries in the system.

Training, development & rotations

They believe in the broad-based capability development of their employees. They incorporate a healthy mix of various learning modes such as classroom programs, external programs, certification programs, and e-learning modules to facilitate the learning process across all levels. They have introduced a learning platform, the ‘Axis Competency Profiler’ to manage employee careers in a manner that provides them training interventions aligned to their skill set.

• Through the medium of proctored assessments, the profiler evaluates knowledge and application in five core areas viz., Products & Services, Processes, Systems, Risk & Compliance, and the organizational landscape.
• It provides an in-depth analysis of one’s core strengths as well as showcases how one is placed across the cohort in the organization.
• The Profiler comprises three proficiency levels - Cornerstone (Basic), Prime Key (Intermediate), and Master Key (Advanced).
• The candidate’s score in the assessment determines the proficiency level, which will determine subsequent learning interventions for the candidate.

Salary & benefits

The annual salary for the role at this company can range from INR 4 Lakhs to INR 7 Lakhs. (Source: AmbitionBox)

Benefits offered to its employees include;

• Health Insurance
• Job Training
• Soft Skill Training
• Flexible Work Timing
• Free Transport
• Education Assistance
• Free Food, etc.

Work-life balance

Axis Bank is a Great Place to Work-Certified™ organization. They intend to maintain a working atmosphere that everyone can enjoy. The employees are benefited from several leave policies to maintain their work and life. The bank provides alternate Saturdays off with flexible timing depending on the needs of the employees.

Culture & vibe

Axis Bank seeks to create an inclusive, equitable, culturally competent, supportive, and safe environment where their employees model behavior that enriches the workplace. To further an inclusive culture and foster DE&I principles, Axis Bank is committed to:

• Ensuring an inclusive working environment free of discrimination at all stages of the employee life cycle
• Developing plans to promote DE&I principles and cultural competencies among employees across Axis Bank.

About you

The optimal qualification for success on the job is:

• CA/MBA from a recognized institute.

For the successful execution of the job, the candidate should possess the following:

• Knowledge of accounting, analytics, and audit.
• Knowledge of Microsoft Office (Including PowerPoint, Excel, and Word).
• Knowledge of financial reporting and ability to work with financial data.
• Demonstrate management control of delegated tasks.
• Skilled in Excel.

How to apply

To apply for this role, just click on the "Apply on employer site" button below, which navigates to the career page where the application can be submitted directly.