Manager, Finance - North York, Canada - ICICI Bank Ltd

ICICI Bank Ltd

Verified Company

North York, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Area of Responsibility

Perform the following Accounts Payable functions: Record receipt of invoice with date-stamp and payments with paid stamp Check accuracy of invoice, relevance and ensure goods/services and ensure timely payment to avoid late payment charges codify general account number; allocate expenses the branches/departments in accordance with the approved formula and prepare the necessary entries. Obtain appropriate approval on all invoices before payment. Enter in SAP system all accounts Payable and print edit list (cheque batch and direct deposit credit batch) for Manager-Finance approval Print cheques printing journal and posting journal. Maintain an effective filing system for alt expenditures to prevent duplicate payments, facilitate payment inquiries and GST/PST/HST audits. Post official cheques issued batch to SAP. Staff expenses reimbursements and process rent batch for all properties Monthly update of Fixed Assets registers in SAP for payments made on account of capital expenditure including calculation of monthly depreciation schedule for verification of Senior Manager-Accounting Reporting. Label and update log for filing daily/month-end reports, accounts payable files, as appropriate and move to appropriate storage.
Assistance in preparation of monthly, quarterly and annual financial statements including: Accrual or and analysis of income and expenses and preparation of adjusting entries, as required. Accounting for prepaid expenses, commission amortization and other month end entries Accounting for mortgage portfolio of the Bank including monthly accounting and related reconciliation Preparation of supporting schedules for the monthly financial statement package. Ensuring compliance with the requirements of IFRS, US and Indian GAAP parallel reporting requirements, and the regulators
Ensuring adherence to accounting and corporate policies and procedures, and maintenance of the integrity and accuracy of all accounting records.
Coordination with internal and external auditors, including preparation of required working papers and schedules
Assistance for preparation and timely filing of financial returns and reports with the regulators (Canadian and Indian), within the deadlines.
Assistance in management of the Bank's quarterly process for review and update of internal controls process flowcharts, testing and documentation, using SOX system.
Monitor payment of goods and services tax (GST/PST/HST). Keep track of GST/PST/HST payments and prepare the quarterly GST/PST/HST calculations including GST/PST/HST self assessment, obtain the necessary approval.
Other duties as may be assigned from time to time

Flexible Language Requirement: