IFRS 18 & SOX Compliance Specialist

SolveCube is an award winning AI enabled Talent Solutions Platform for middle and senior level professionals. SolveCube is working with global consulting firms, mid and large enterprises across Asia Pacific and Middle East to fulfill their talent needs for permanent, short-term, part-time, interim and turnkey assignments.Our Client is one of the leading providers of risk, financial services and business advisory, internal audit, corporate governance. is looking for Qualified CA/ CPA or ACCA for IFRS 18 & SOX Compliance Specialist.Locations - Mumbai, Bangalore, Hyderabad, GurgaonRole SummaryThe IFRS 18 & SOX Compliance Specialist will support the bank’s transition to IFRS 18 – Presentation and Disclosure in Financial Statements and ensure strong alignment with SOX 404 requirements (or equivalent ICFR framework). The role is responsible for designing, documenting, testing, and enhancing internal controls, especially those impacted by IFRS 18’s new statement structure, disaggregation principles, and management‑defined performance measures (MPMs).This position works closely with Financial Reporting, Controllers, Risk, Treasury, and IT to ensure accurate financial reporting, effective control design, and audit readiness.Key Responsibilities1. IFRS 18 Implementation & Financial ReportingLead and support impact assessment of IFRS 18 on the bank’s financial statements, chart of accounts, systems, processes, and disclosures.Partner with reporting teams to redesign: Statement of Profit or Loss (operating, investing, financing categories)Statement of Financial Position disaggregationMPM disclosures and governanceAssist in updating accounting policies, reporting packages, mapping rules and COA structures.Support dry runs, parallel reporting, and readiness assessments.2. SOX / ICFR ControlsConduct end‑to‑end SOX 404 testing in accordance with regulatory and internal audit standards.Support design and enhancement of internal controls impacted by IFRS 18 changes.Evaluate control deficiencies, determine severity, and track remediation plans.Maintain high‑quality documentation including process flows, RACIs, and control matrices.3. Process, Data & System ControlsWork with technology to ensure appropriate application controls and data lineage related to IFRS 18 reporting.Validate system changes and participate in UAT for reporting and GL platforms.Ensure robust controls over MPM calculations, journal entries, reconciliations, and disclosures.4. Stakeholder Management & GovernanceCollaborate with business finance, FP&A, treasury, product controllers, and central reporting.Engage external auditors during SOX walkthroughs and IFRS 18 audit procedures.Provide management reporting on control issues, IFRS 18 programme status, and remediation progress.5. Training & Change ManagementSupport internal training on IFRS 18 concepts, new statement structures, and enhanced disclosures.Contribute to control awareness sessions for process owners and finance teams.Required Qualifications and ExperienceChartered Accountant / CPA / ACCA or equivalent.5–10 years of experience in banking financial reporting, SOX/ICFR, or audit.Strong knowledge of IFRS principles, especially: IFRS 18IFRS 7, IFRS 9, IFRS 13IAS 1, IAS 34Experience with SOX 404 testing (or equivalent ICFR framework).Familiarity with banking products (loans, deposits, derivatives, treasury products).Experience with large GL/reporting platforms (SAP, Oracle, Finastra, etc.) is an advantage.Key Skills & CompetenciesStrong technical accounting and analytical skills.Ability to design/assess financial controls and identify process gaps.Excellent documentation and process‑mapping capabilities.Effective communication and stakeholder management.Ability to work under tight timelines and deliver high‑quality outputs.Preferred ExperienceParticipation in major accounting change programmes (e.g., IFRS 9, IFRS 16, IFRS 17).Experience in Big 4 external or internal audit.Exposure to model governance, data controls, or regulatory reporting (PRA/ECB/FDIC) is a plus.

Apply Now