Similar Jobs at Capco
Job Title:
About Us
“Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.
WHY JOIN CAPCO?
You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.
MAKE AN IMPACT
Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.
#BEYOURSELFATWORK
Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.
CAREER ADVANCEMENT
With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.
DIVERSITY & INCLUSION
We believe that diversity of people and perspective gives us a competitive advantage.
Job Description:
Job Title: Accounting Schematics
Job Summary
We are seeking a highly skilled Financial Accounting / Product Control professional with experience in International Banking. The role requires strong understanding of banking products, their accounting treatment, and end-to-end financial accounting processes. The candidate will work closely with Front Office, Product Control, Finance, and other cross-functional teams to ensure accurate financial reporting and compliance with accounting standards.
Key Responsibilities
- Perform financial accounting and/or product control activities for a range of international banking products.
- Ensure accurate accounting treatment of banking products in line with IFRS 9 and applicable local GAAP requirements.
- Design, document, and maintain financial accounting processes, including end-to-end transaction flows.
- Analyze and interpret transaction descriptions to ensure correct booking and reporting in financial systems.
- Support the maintenance and governance of the Chart of Accounts, ensuring consistency and accuracy across products and businesses.
- Collaborate closely with Front Office, Product Control, Risk, Finance, and Technology teams to resolve accounting and reporting issues.
- Participate in process improvement initiatives to enhance efficiency, controls, and documentation quality.
- Support audits, regulatory reviews, and internal control assessments as required.
Required Skills & Experience
- Strong experience in Financial Accounting, Product Control, or Front Office within International Banking.
- Solid understanding of banking products (e.g., loans, deposits, derivatives, securities) and their accounting treatment.
- Proven experience in designing and documenting financial accounting processes.
- Good understanding of transaction descriptions and their impact on accounting entries and financial reporting.
- Hands-on experience with IFRS 9 and local GAAP accounting standards.
- Strong knowledge of Chart of Accounts structures and financial systems.
- Excellent collaboration and communication skills, with the ability to work effectively across multiple teams and stakeholders.
Preferred Qualifications
- Professional accounting qualification (e.g., CA, CPA, ACCA) or equivalent experience.
- Experience working in large global or regional banks.
- Exposure to regulatory reporting and audit interactions.
Key Competencies
- Strong analytical and problem-solving skills
- Attention to detail and accuracy
- Ability to work in a fast-paced, complex environment
- Strong documentation and process-mapping skills
- Stakeholder management and teamwork
