Senior Financial Reporting Analyst

IDFC FIRST Bank; Mumbai; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

IDFC FIRST Bank is looking for a Senior Financial Reporting Analyst with a strong background in financial reporting for the banking sector. The role requires expertise in Indian GAAP and Ind AS, alongside experience in preparing and finalizing financial statements. Key responsibilities include ensuring compliance with accounting standards, working with auditors, and contributing to financial reporting improvements. Candidates should be Chartered Accountants with 5-10 years of relevant experience in banks or NBFCs.

Qualifications

• Chartered Accountant (CA) with 5-10 years of post-qualification experience.
• Proven experience in financial reporting roles within a bank or NBFC, preferably listed entities.
• Strong knowledge of Indian GAAP and Ind AS.

Responsibilities

• Preparation and finalization of quarterly and annual financial statements as per Indian GAAP and Ind AS.
• Ensure compliance with all relevant accounting standards and regulations.
• Work closely with auditors to facilitate timely completion of audits.

Skills

Financial reporting

Regulatory compliance

Data analysis

Communication skills

Analytical skills

Education

Chartered Accountant (CA)

Tools

Advanced Excel

Microsoft Word

PowerPoint

Job description

Job Title and Function

Role/Job Title: Senior Financial Reporting Analyst

Function/Department: Finance & Accounts

Job Summary

We are seeking a highly skilled and detail-oriented professional with a strong background in financial reporting for the banking and NBFC sector. The ideal candidate will have deep expertise in Indian GAAP and Ind AS, along with hands‑on experience in the preparation and finalization of financial statements for a listed bank. This role requires a solid understanding of regulatory guidelines, including RBI circulars, and the ability to manage end‑to‑end financial reporting processes with accuracy and compliance.

Key Responsibilities

• Preparation and finalization of quarterly and annual financial statements as per Indian GAAP and Ind AS.
• Ensure compliance with all relevant accounting standards (Ind AS), Companies Act, RBI guidelines, and SEBI regulations.
• Prepare schedules and disclosures required under regulatory filings, including RBI returns and notes to accounts.
• Work closely with auditors (statutory, internal, and regulatory) to facilitate smooth and timely completion of audits.
• Support the preparation of Board and Audit Committee presentations related to financial performance.
• Coordinate with internal teams for data collation, analysis, and validation for financial reporting purposes.
• Track and interpret new accounting pronouncements, RBI circulars, and other regulatory updates impacting financial reporting.
• Assist in implementation and automation projects related to financial reporting systems and tools.
• Contribute to the continual improvement of financial reporting processes and internal controls.

Technical Skills

• Proficiency in Advanced Excel (pivot tables, macros, complex formulas), Microsoft Word, and PowerPoint.
• Sound understanding of accounting systems, ERP platforms, and financial reporting tools.
• Analytical mindset with strong numerical and problem‑solving skills.

Soft Skills

• High attention to detail and accuracy under pressure.
• Strong written and verbal communication skills.
• Ability to manage multiple deadlines and deliverables.
• Self‑motivated, proactive, and a team player.
• Capable of working cross‑functionally and influencing without authority.
• Strong organizational and time‑management abilities.

Experience and Qualifications

• Chartered Accountant (CA) with 5-10 years of post‑qualification experience.
• Proven experience in financial reporting roles within a bank or NBFC, preferably listed entities.
• Strong knowledge of Indian GAAP and Ind AS.
• Prior exposure to RBI reporting and circulars interpretation.