FIN_Grp Fin Cntrl_VP

Nomura; Mumbai City; On-site; INR 3,500,000 - 7,000,000; Full time

Job summary

Nomura is seeking a VP in the Finance Policy Group to lead accounting and regulatory change initiatives across US GAAP, IFRS, and local GAAP. The role involves policy interpretation, documentation, and collaboration with global finance teams to deliver consistent accounting solutions for Nomura entities.

The candidate will develop technical papers, provide advisory support, and create training materials for policy changes, with interactions across senior stakeholders and external auditors.

Qualifications

• CA / CFA / MBA in Finance required; FRM is a plus.
• Experience in technical accounting policy function or advisory team.
• Strong communication skills, both written and verbal.
• Project management and stakeholder coordination experience.

Responsibilities

• Lead accounting and regulatory change initiatives.
• Interpret US GAAP and IFRS to support Nomura entities.
• Develop and maintain technical policy documents.
• Coordinate with regional/global leadership to ensure consistency in application.
• Prepare training materials for accounting changes.
• Liaise with regional auditors on accounting matters.

Skills

Accounting policy

US GAAP

IFRS

Regulatory change

Policy interpretation

Stakeholder management

Policy documentation

Training materials

Education

CA / CFA / MBA in Finance

Tools

Excel

Word

Job description

Job Description

Nomura Overview: Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com. Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations. At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well‑recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview

The Finance Policy Group is a centralised group within the Finance Department, bringing together Regulatory, Liquidity and Accounting policy SMEs into a single centralised team to provide synergies and consistency across Accounting, Regulatory and Liquidity policy topic areas.

Position Specifications

Corporate Title VP
Functional Title VP
Experience 10-15 years
Qualification CA / CFA / MBA in Finance (FRM is a plus)

Role & Responsibilities

This is an exciting opportunity to join a growing and dynamic team with a wide array of responsibilities and immediate opportunities to make an impact on senior stakeholders. The role will include current and future policy interpretation, analysis and documentation focusing on Accounting topics under US GAAP, IFRS and Local GAAP impacting Nomura entities. The individual will be responsible for assessing the requirements related to these areas, liaising with the financial and regulatory reporting teams, business areas, Finance and other Corporate functions to manage the internal life cycle of accounting and regulatory change. This is primarily an Accounting policy role, however with the growing regulatory change agenda, there is an opportunity to also be involved in developing the Firms thinking and approach to implementing constantly evolving regulatory requirements.

Primary responsibilities will include:

• Accounting and regulatory change
• Analysis of new accounting and regulatory requirements (e.g leverage ratio, prudential consolidation) as well as impact to Nomura entities
• Communicating UK GAAP and IFRS technical updates to Finance and other members of staff
• Work with the reporting and project teams to ensure accounting and regulatory change projects are delivered in line with the requirements
• Represent the firm's views and participate with industry forums
• Preparing and delivering training materials on areas of accounting change or existing topic areas
• Policy and interpretations
• Development and maintenance of technical policy documents for technical topic areas
• Liaison with the Accounting Policy Groups regional and global leadership to ensure global consistency in application of accounting policies
• Advisory
• Point of contact for Finance colleagues and other departments on accounting-related queries
• Developing and documenting technical interpretations and technical papers to support technical decisions
• Liaison with regional auditors on resolution of technical accounting matters

Secondary responsibilities will include:

• Providing input through technical research on regulatory and liquidity policy matters
• Participation in ad hoc Finance initiatives and projects
• Supporting various governance and control processes

Key objectives critical to success:

• Ability to work independently to a high degree of accuracy with a logical and structured approach
• Ability to self-review, identify issues and investigate / escape appropriately
• Flexibility and the ability to keep pace with ever changing regulatory landscape
• Ability to communicate effectively with colleagues and senior management and build relationships within the department, across functions and across regions

Mandatory Desired Domain

• A good understanding US GAAP and IFRS requirements as applicable to an investment bank with a desire to develop as a technical SME.
• Experience of working within a similar technical accounting policy function, accounting advisory team at an audit firm, or financial reporting team at an investment bank.
• Strong communication skills (written and verbal)
• Project management and organisational skills including taking ownership for key policy related change projects as well as managing a variety of stakeholders across the firm
• Qualified accountant (ACA/CIMA/ACCA).
• Technical
• PC Literate (Excel, Word etc.)
• Good product knowledge across a variety of asset classes.