Jainam Broking Limited

- 15 hours ago

Location

Head Office

Department

Accounting Operations - JBL

Employment Type

Full-time

Applications Received

1

Closes On

26 Jan, 2027

Position Overview The Assistant Vice President (AVP) –

- Accounting Operations will be responsible for leading and managing the end-to-end accounting operations of the Stock Broking business, ensuring accurate financial reporting, regulatory compliance, process efficiency, and strong internal controls. The role requires deep expertise in financial accounting, capital markets accounting, statutory compliance, and team leadership.

Key Responsibilities

Accounting &
- Financial Operations

- Oversee day-to-day accounting operations, including:
- General Ledger (GL) management
- Accounts Payable &
- Receivable
- Bank and Client Fund Reconciliations
- Expense Accounting
- Fixed Asset Accounting
- Inter-company Accounting
- Ensure accurate and timely recording of all financial transactions.
- Monitor daily accounting controls and review accounting entries across branches and business units.
- Supervise month-end, quarter-end, and year-end financial closing processes.

Financial Reporting
- Prepare and review monthly, quarterly, and annual financial statements.
- Ensure compliance with applicable Accounting Standards, IND-AS, Companies Act, and regulatory reporting requirements.
- Analyze financial performance and provide management insights through MIS reports.
- Coordinate with management for budgeting, forecasting, and variance analysis.

Regulatory &
- Compliance Management

- Ensure compliance with:
- SEBI regulations
- Stock Exchange requirements (NSE/BSE)




- Depository guidelines
- GST, TDS, Income Tax, Professional Tax and other statutory laws
- Review financial submissions and regulatory reports before filing.
- Coordinate with statutory, internal, tax, and regulatory auditors.

Reconciliations &
- Control Framework

- Oversee:
- Client ledger reconciliations
- Exchange reconciliations
- Bank reconciliations
- Margin accounting reconciliations
- Depository reconciliations
- Strengthen financial controls and minimize operational risks.
- Ensure timely resolution of reconciliation breaks and accounting exceptions.

Process Excellence &
- Automation

- Lead finance transformation initiatives and accounting process automation.
- Drive implementation and enhancement of ERP and accounting systems.
- Establish SOPs and best practices across accounting operations.
- Improve operational efficiency through process standardization and automation.

Team Leadership
- Lead and mentor accounting operations teams.
- Develop KPIs and performance metrics for team members.
- Build a culture of accountability, accuracy, compliance, and continuous improvement.
- Conduct regular training and capability-building initiatives.

Audit &
- Risk Management

- Coordinate internal, statutory, tax, and regulatory audits.




- Ensure closure of audit observations within agreed timelines.
- Monitor financial risks and recommend corrective actions.
- Maintain robust documentation and audit trails.

Desired Candidate Profile

Educational Qualification

- Chartered Accountant (CA) –
- Mandatory
- Additional qualifications such as CPA, CMA, MBA Finance will be an added advantage.

Experience

- 10–15 years of experience in Finance &
- Accounting Operations.
- Minimum 5 years in leadership/managerial role.
- Prior experience in:
- Stock Broking Firms
- Capital Market Institutions
- Wealth Management Companies
- Financial Services Industry

Technical Skills
- Robust knowledge of:
- Financial Accounting
- IND-AS &
- Accounting Standards
- SEBI Regulations
- Exchange &
- Depository Operations
- GST, TDS, Income Tax Compliance
- Expertise in ERP systems such as Oracle, SAP, Microsoft Dynamics, or equivalent.
- Advanced Excel and MIS reporting skills.

Behavioral Competencies
- Strategic Thinking
- Leadership &
- Team Management
- Analytical &
- Problem-Solving Skills
- Stakeholder Management
- Attention to Detail
- Decision-Making Ability
- High Integrity &
- Ethical Conduct

Key Performance Indicators (KPIs)
- Timely financial closure and reporting.
- Accuracy of financial statements and regulatory filings.
- Audit observations and closure effectiveness.
- Reconciliation accuracy and aging reduction.
- Compliance adherence with zero/minimal regulatory penalties.
- Process automation and operational efficiency improvements.
- Team productivity and engagement scores.

📌 Associate Vice President - Accounting Operations (The Head)
🏢 Jainam Share Consultants
📍 The Head