Kotak Mahindra Bank Recruitment 2023

Kotak Bank, one of India's leading financial institutions, is currently seeking qualified candidates for the position of Accounting Director. As an Accounting Director at Kotak Bank, you will play a critical role in overseeing and managing the accounting operations of the organization. This is an exciting opportunity for freshers who have a strong passion for accounting and aspire to take on a leadership role.

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Responsibilities:

1. Financial Reporting: Oversee the preparation and presentation of accurate and timely financial statements, reports, and analysis. Ensure compliance with accounting principles, regulatory requirements, and internal policies. Monitor and analyze financial performance, highlighting key trends and variances to management. Collaborate with other departments to gather relevant financial data and support decision-making processes.
2. Budgeting and Forecasting: Assist in the development and monitoring of annual budgets and financial forecasts. Review and analyze budget proposals, ensuring alignment with strategic goals and objectives. Provide guidance and support to department heads and managers in managing their budgets effectively. Monitor actual performance against budgeted targets, identifying areas of concern and recommending corrective actions.
3. Compliance and Audit: Ensure compliance with applicable accounting standards, tax regulations, and legal requirements. Coordinate and support internal and external audits. Maintain effective internal controls to safeguard company assets and ensure accurate financial reporting. Stay updated with changes in accounting regulations and implement necessary changes to ensure compliance.
4. Team Management: Provide leadership and guidance to the accounting team, fostering a positive work environment and promoting professional development. Set performance goals, conduct regular performance evaluations, and provide feedback and coaching to team members. Promote a culture of continuous improvement, streamlining processes, and implementing best practices.

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Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• Strong knowledge of accounting principles, practices, and standards.
• Proficiency in using accounting software and MS Office applications.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy in work.
• Good understanding of financial reporting and analysis.
• Knowledge of tax regulations and compliance.
• Effective communication and interpersonal skills.
• Ability to work well under pressure and meet deadlines.
• Leadership qualities with a proactive and result-oriented approach.