Job Title:  FIN_Grp Fin Cntrl_AS

Job Code:  5576
Country:  IN
City:  Mumbai
Skill Category:  Operations
Description: 

Nomura Overview:
Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset
Management, Wholesale (Global Markets and Investment Banking), and Merchant 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, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Divisional Overview:
The Corporate finance team performs global and seamless Finance operations including trading and product control, Group financial reporting and disclosure, management information and reporting for decision support, planning and development of financial strategy including funding policies and financial analysis, funding and cash management, tax planning and reporting, investor relations management, and much more.
Business Unit Overview:
Finance and Capital Reporting (FCR) is a key component of the Finance Department, which has an excellent reputation within the bank and externally. The unit is responsible for ensuring that the firm is adequately capitalised at all times against its risk weighted assets as well as maintaining leverage asset levels under regulatory limits, identifying any threats to the viability of the firm helping the management identify appropriate actions and ensures timely production of key balance sheet metrics as required by regulators. The unit covers areas as follows:
• Group Reporting: Ensuring Financial statements are complete, accurate, prepared in a timely manner, and are in accordance with Generally Accepted Accounting Principles (GAAP) on a legal entity and a consolidated basis.
• External Reporting: Ensuring regional regulatory returns are produced and submitted timely covering financial statements, capital ratios, leverage ratio and risk weighted assets on monthly / quarterly / annual basis
• Daily reporting: Ensuring daily production of capital adequacy components such as counterparty credit risk, market risk, large exposure risk, settlement risk, CVA risk, leverage ratios, management balance sheet to Senior management
• Finance Policy: Provide guidance and support to the reporting teams on the interpretation of existing and future accounting and capital requirements

 

 

Position Specifications:

 

Functional Title Manager Experience 5 – 8 years Qualification CA / CFA / FRM is a plus Requisition No. 5576

 

Role & Responsibilities:

 

The role covers responsibilities for running processes and projects in the Finrep team, which forms part of the External Financial and Capital Reporting of the European consolidation group and its regulated subsidiaries. It will include working with colleagues in Mumbai, London, Frankfurt, Paris and Tokyo.
The role will encompass accurate production and timely submission of monthly/ quarterly/ annual regulatory returns stating the financial positions of EMEA entities:
 Understanding the business model, financial transactions and position of EMEA entities.
 Perform due diligence of the numbers reported by establishing quality controls around the processes.
 Ensuring Financial disclosures are complete, accurate & prepared in a timely manner and are in accordance with applicable GAAP’s.
 Liaising with the regional Controllers for financial reporting process.
 Prepare periodic management review packs and provide analytical commentary for key variances.
 Responding to business / management driven queries & requests.
 Development of monthly/ quarterly MI through new age BI tools such as Alteryx and Power BI.
 Interaction with other teams like IT, Ops, LE Controllers and Legal
 Driving standardization of process over time, Process efficiency and ensuring focus on added value work.
 Defining business requirements for IT implementation in case of new projects / process enhancements.
 User Acceptance testing of implementation with an eye for identifying gaps under different scenarios
The role will be challenging and will provide a variety of responsibilities covering technical, process & interpersonal skill sets. It will be an excellent opportunity to develop knowledge of regulatory financial and leverage reporting providing a deep insight into financial positions of EMEA entities.

 

 

Key Skills:
Mandatory Desired Domain





Financial services industry exposure
/ good working knowledge in
Financial reporting function with exposure to IFRS and US GAAP Capital Market knowledge Excellent communication skills & ability to communicate ideas concisely and clearly
Ability to work in stringent deadlines Ability to deliver accurate reports within agreed timelines


Proficiency in bringing issues to closure by keeping all the relevant stakeholders informed.
Previous experience in Financial reporting / Capital reporting within Investment Banking is preferred

Understanding of financial products

Self-starter, problem solver and ability to work with minimal
supervision

 

 

Technical


Advanced Excel and PowerPoint skills and ability to learn Finance specific systems
Inquisitive mind set with ability to
challenge the norm

Working knowledge with
Tableau, Power BI, Alteryx,
Excel VBA macros and SQL and ability to self –learn similar new age IT tools