The
ideal candidate should possess a solid grasp of IFRS, P2P processes, VAT,
project management, fixed accounting, fixed assets, lease accounting (IFRS 16),
and budgetary controls.
Assist in Managing the implementation of Oracle Fusion
Financials, ensuring alignment with the bank’s accounting and reporting
requirements.
- Work closely with the finance and payment teams to
streamline the Procure-to-Pay (P2P) process, ensuring compliance with VAT
regulations and preparing the test scenarios for User Acceptance Testing (UAT).
- Provide expertise on International Financial
Reporting Standards (IFRS) to ensure accurate accounting and financial
reporting across the bank’s financial activities.
- Co-ordinate the setup and management of fixed asset
accounting processes, including depreciation methods, asset lifecycle
management, and reporting with Implementation partn.
- Co-ordinate and manage lease accounting in
accordance with IFRS 16, ensuring proper recognition, measurement, and
reporting of leases.
- Define and configure budgetary control mechanisms
within Fusion Financials, ensuring adherence to financial plans and controls.
- Collaborate with cross-functional teams to gather
business requirements, translate them into system configurations, and lead UAT
for various financial modules.
- Lead and manage project plans, timelines, and
milestones related to the Fusion Financials implementation.
- Ensure compliance with internal audit controls and
external regulatory requirements for financial processes and reporting.
Educational
Background
Bachelor’s
or Master’s degree in Accounting or Finance
Experience
- Minimum 5-7 years of experience in
accounting and financial reporting, particularly in the BFSI sector.
- Proven experience in implementing Oracle
Fusion Financials, including P2P, fixed assets, and lease accounting.
- Strong working knowledge of IFRS, including
IFRS 16 for lease accounting.