Job Title:  FIN_Grp Fin Cntrl_VP

Job Code:  14206
Country:  IN
City:  Mumbai
Skill Category:  Finance
Description: 

  Nomura Overview: Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment 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 supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations. At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

  Divisional Overview: The Finance Policy Group is a centralised group within the Finance Department, bringing together Regulatory, Liquidity and Accounting policy SMEs into a single centralised team to provide synergies and consistency across Accounting, Regulatory and Liquidity policy topic areas.

Position Specifications: Corporate Title VP Functional Title VP Experience 10-15 years Qualification CA / CFA / MBA in Finance (FRM is a plus) 

Role & Responsibilities:

This is an exciting opportunity to join a growing and dynamic team with a wide array of responsibilities and immediate opportunities to make an impact on senior stakeholders. The role will include current and future policy interpretation, analysis and documentation focusing on Accounting topics under US GAAP, IFRS and Local GAAP impacting Nomura entities. The individual will be responsible for assessing the requirements related to these areas, liaising with the financial and regulatory reporting teams, business areas, Finance and other Corporate functions to manage the internal life cycle of accounting and regulatory change. This is primarily an Accounting policy role, however with the growing regulatory change agenda, there is an opportunity to also be involved in developing the Firms thinking and approach to implementing constantly evolving regulatory requirements. Primary responsibilities will include: Accounting and regulatory change • Analysis of new accounting and regulatory requirements (e.g leverage ratio, prudential consolidation) as well as impact to Nomura entities • Communicating UK GAAP and IFRS technical updates to Finance and other members of staff • Work with the reporting and project teams to ensure accounting and regulatory change projects are delivered in line with the requirements • Represent the firm's views and participate with industry forums • Preparing and delivering training materials on areas of accounting change or existing topic areas Policy and interpretations • Development and maintenance of technical policy documents for technical topic areas • Liaison with the Accounting Policy Groups regional and global leadership to ensure global consistency in application of accounting policies Advisory • Point of contact for Finance colleagues and other departments on accounting-related queries • Developing and documenting technical interpretations and technical papers to support technical decisions • Liaison with regional auditors on resolution of technical accounting matters Secondary responsibilities will include: • Providing input through technical research on regulatory and liquidity policy matters • Participation in ad hoc Finance initiatives and projects • Supporting various governance and control processes Key objectives critical to success: • Ability to work independently to a high degree of accuracy with a logical and structured approach • Ability to self-review, identify issues and investigate / escalate appropriately • Flexibility and the ability to keep pace with ever changing regulatory landscape • Ability to communicate effectively with colleagues and senior management and build relationships within the department, across functions and across regions

 

 Mandatory Desired Domain -

• A good understanding US GAAP and IFRS requirements as applicable to an investment bank with a desire to develop as a technical SME. • Experience of working within a similar technical accounting policy function, accounting advisory team at an audit firm, or financial reporting team at an investment bank. • Strong communication skills (written and verbal) • Project management and organisational skills including taking ownership for key policy related change projects as well as managing a variety of stakeholders across the firm • Qualified accountant (ACA/CIMA/ACCA). • Technical • PC Literate (Excel, Word etc.) • Good product knowledge across a variety of asset classes.