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Accounts Manager

Company Profile:

Credit Wise Capital Pvt Ltd is a consumer finance Registered NBFC established with the aim of providing technology-driven loans to customers. The company leverages an offline sourcing model along with a new age of online sourcing to become a market leader in a very short time.

The first focused product at Credit Wise Capital is two-wheeler financing. The aim is to disrupt the two-wheeler lending market by deploying the right blend of tech-driven underwriting while utmost focus on collections.

The company was incorporated in early 2019 and in a short span of time, it has achieved tremendous growth and has become one of the fastest-growing NBFC in the western region of India. Currently headquartered in Mumbai, Credit Wise Capital has an increasing presence in over 20 locations and 5 states across the country

Application for Accounts Manager

Job Title: Accounts Manager

Department: Accounts

Location: Worli, Mumbai

Experience: 6+years

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Key Responsibilities

  • Financial Reporting: Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements, to provide accurate and timely reporting to senior management, regulatory authorities, and stakeholders.
  • Ensure compliance with accounting standards, regulatory requirements, and internal policies in financial
    reporting processes.
  • Budgeting and Forecasting: Develop annual budgets and financial forecasts in collaboration with department heads and senior management, incorporating revenue projections, expense estimates, and capital expenditures.
  • Monitor budget performance, analyze variances, and provide recommendations for cost optimization and
    budget reallocation as needed.
  • Accounts Payable and Receivable: Oversee accounts payable and receivable functions, including invoice processing, payment disbursement,customer invoicing, and collections management.
  • Review aging reports, monitor outstanding balances, and coordinate with internal teams to ensure timely
    cash flow management and minimize bad debt risks.
  • Tax Planning and Compliance: Coordinate with tax advisors and legal counsel to develop tax planning strategies, minimize tax liabilities, and ensure compliance with tax laws and regulations specific to the NBFC sector.
  • Prepare and file tax returns, including corporate income tax, GST, and TDS, ensuring accuracy and timeliness
    in compliance.
  • Audit and Regulatory Compliance: Liaise with external auditors, regulatory agencies, and internal audit teams to facilitate annual audits, reviews, and examinations of financial records and internal controls.
  • Implement recommendations from audit findings and ensure remedial actions are taken to address control
    deficiencies and improve financial processes.
  • Financial Systems and Controls: Oversee the implementation and maintenance of financial systems, controls, and procedures to safeguard
    company assets, prevent fraud, and ensure data integrity.
  • Continuously assess and enhance internal controls and processes to optimize efficiency, accuracy, and
    compliance in financial operations.
  • Team Leadership and Development: Supervise and mentor the accounting team, providing guidance, training, and performance feedback to
    ensure high-quality work output, adherence to deadlines, and professional development.
  • Foster a collaborative and positive work environment within the accounting team, promoting teamwork,
    accountability, and continuous improvement.

Qualification

  • Bachelor’s degree in accounting, finance, or related field; CPA or equivalent certification preferred.
  • 6+ years of progressive experience in accounting and finance roles, with specific experience in the NBFC sector
    preferred.
  • Thorough understanding of accounting principles, financial reporting standards, and regulatory requirements
    applicable to NBFCs.
  • Proficiency in financial analysis, budgeting, and forecasting techniques, with strong analytical and problem-solving
    skills.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all
    levels.
  • Advanced proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
  • Strong leadership and team management skills, with the ability to motivate and inspire team members to achieve
    goals and objectives.