Our client, a global consulting firm, is seeking an experienced Chartered Accountant to support a leading banking client on a critical initiative focused on strengthening account hygiene, reconciliation controls, and regulatory compliance across its operations.

The consultant will work on rationalising General Ledger (GL), nominal, office, and suspense accounts, strengthening reconciliation and monitoring mechanisms, and addressing observations raised during RBI inspections. The role is suited to a senior banking audit or finance professional with the expertise to drive account clean-up and establish robust, sustainable controls.

Key Responsibilities

• Review and rationalise nominal, office, General Ledger (GL), and suspense accounts across the Bank.
• Design and implement same-day reconciliation controls to improve account accuracy and operational discipline.
• Develop surveillance reports to identify and monitor long-outstanding reconciliation entries.
• Address and close RBI inspection observations related to account hygiene, supported by appropriate documentation and evidence.
• Work with relevant banking, finance, and inspection teams to strengthen reconciliation processes and internal controls.

Your Background

• Experience: 12+ years of relevant professional experience in banking audit, finance, or inspection.
• Qualification: Chartered Accountant (CA).
• Domain expertise: Strong experience in bank statutory or concurrent audits, or bank inspection, with hands-on knowledge of GL and suspense account reconciliation.
• Preferred profiles: Partners or Directors from CA firms specialising in bank audits, or retired Heads of Inspection or Finance from Public Sector Banks (PSBs).
• Core skills: Account rationalisation, reconciliation controls, identification of long-outstanding entries, regulatory compliance, and RBI inspection observation closure.

Other Info

• Start date: December 2026 - January 2027
• Location: Mumbai, India
• Work arrangement: Full-time, on-site
• Contract duration: 12 months, with potential extensions of 6 + 6 months
• Availability: Consultants must be available full-time on-site in Mumbai for the entire contract period.
• Additional requirements: The selected consultant will need to complete the bank’s background verification process and submit their CV in the prescribed format. They may also be invited to present their profile to the bank as part of the selection process.