IN_Associate_Regulatory Reporting _FS Internal Audit_Advisory_Mumbai

PwC India; Goregaon; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

PwC India in Mumbai seeks an Internal Audit professional to support US GAAP/IFRS reporting and risk assessment. You will collaborate with finance, risk, and technology teams to implement process improvements and automation to ensure accurate financial reporting across reports.

The role emphasizes communication, analytical thinking, and adherence to GAAP with exposure to AI-enabled risk tools and regulatory frameworks.

Qualifications

• Experience in internal audit and regulatory reporting environments.
• Ability to interpret GAAP and regulatory guidance across multiple reports.

Responsibilities

• Understanding of US GAAP and IFRS.
• Familiarity with reports – 2 of these for 2 diff. roles.
• EU reporting framework e.g. FINREP, COREP , Basel 3 based reports.
• US regulatory / financial reports e.g. FRY9C, FFIEC031.
• Understanding data flows, reconciliations, and reporting architecture in a regulatory environment.

Skills

Internal Audit

GAAP interpretation

Data analysis

Regulatory reporting

Stakeholder management

Communication skills

Education

CA

MBA

Tools

Financial reporting systems

AI tools familiarity

Job description

Job Description & Summary

At PwC, our people in audit and assurance focus on providing independent and objective assessments of financial statements, internal controls, and other assurable information enhancing the credibility and reliability of this information with a variety of stakeholders. They evaluate compliance with regulations including assessing governance and risk management processes and related controls.

Those in internal audit at PwC help build, optimise and deliver end-to-end internal audit services to clients in all industries. This includes IA function setup and transformation, co-sourcing, outsourcing and managed services, using AI and other risk technology and delivery models. IA capabilities are combined with other industry and technical expertise, in areas like cyber, forensics and compliance, to address the full spectrum of risks. This helps organisations to harness the power of IA to help the organisation protect value and navigate disruption, and obtain confidence to take risks to power growth.

Why PWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes forour clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences foreach other. Learn more about us.

At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations.

Job Description & Summary:

A career within….

Responsibilities

• Understanding of US GAAP and IFRS
• Good knowledge of Balance Sheet products, including but not limited to, Derivatives, Collaterals, Secured Financing transactions (repo / reverse repo), Fair value measurement etc.
• Familiarity with reports – 2 of these for 2 diff. roles.
• EU reporting framework e.g. FINREP, COREP , Basel 3 based reports etc.
• US regulatory / financial reports e.g. Firm Holding FRY9C, Bank’s FFIEC031 US GAAP / IFRS Financial Statements
• Understanding of data flows, reconciliations, and reporting architecture in a regulatory reporting environment

Mandatory skill sets:

• Ability to interpret GAAP & Regulatory guidance and instructions to check implementation logics
• Strong capability to analyse and align reporting interpretations across multiple reports/frameworks to ensure consistency
• Experience around process renovation, process streamlining and partnering with Projects and Technology for automation initiatives
• Ability to manage cross functional stakeholders
• Strong verbal and written communication skills with the ability to articulate complex topics clearly

Preferred skill sets:

• Familiarity with Financial & Reg Reporting systems
• Some Exposure to meaningful usage of AI tools

Years of experience required:

3-4 Years

Education qualification:

CA/MBA

Education

(if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Bachelor Degree

Required Skills

• Internal Audit

Optional Skills

• Accepting Feedback
• Accepting Feedback
• Accounting and Financial Reporting Standards
• Active Listening
• Artificial Intelligence (AI) Platform
• Auditing
• Auditing Methodologies
• Business Process Improvement
• Communication
• Compliance Auditing
• Corporate Governance
• Data Analysis and Interpretation
• Data Ingestion
• Data Modeling
• Data Quality
• Data Security
• Data Transformation
• Data Visualization
• Emotional Regulation
• Empathy
• Financial Accounting
• Financial Audit
• Financial Reporting
• Financial Statement Analysis
• Generally Accepted Accounting Principles (GAAP) {+ 19 more}