Key Responsibilities
- Financial Reporting: Oversee the preparation and consolidation of financial statements, including balance sheets, income
statements, and cash flow statements, in accordance with regulatory requirements and accounting
standards. - Ensure the accuracy and integrity of financial data and reports, conducting regular reviews and
reconciliations to identify and address discrepancies.
- Budgeting and Forecasting: Lead the annual budgeting process, working closely with department heads and senior management to develop budgets, forecasts, and financial projections.
- Monitor budget performance, variance analysis, and financial forecasts, providing insights and
recommendations to support decision-making and resource allocation.
- Financial Analysis: Conduct financial analysis and performance evaluation, analyzing key financial metrics, trends, and KPIs to
assess business performance and identify areas for improvement Provide strategic financial insights and recommendations to senior management, supporting business
strategy development and decision-making.
- Compliance and Regulatory Reporting: Ensure compliance with regulatory requirements, accounting standards, and internal controls in financial reporting and operations.
- Prepare and file regulatory reports and disclosures, including RBI returns, tax filings, and statutory audit
requirements, in a timely and accurate manner.
- Audit Management: Coordinate internal and external audits, liaising with auditors, regulators, and internal stakeholders to
facilitate audit processes and address audit findings. Implement recommendations and corrective actions to improve internal controls, audit processes, and
compliance practices. - Treasury and Cash Management: Manage treasury operations, including cash flow forecasting, liquidity management, and investment
decisions, to optimize cash resources and mitigate financial risks. Monitor banking relationships, negotiate terms with financial institutions, and manage debt financing and
capital raising activities. - Taxation and Compliance: Ensure compliance with tax laws, regulations, and filing requirements, including direct and indirect taxes
(GST, TDS, income tax), liaising with tax consultants and authorities as needed. - Optimize tax planning strategies, identify tax-saving opportunities, and minimize tax liabilities while
ensuring compliance with legal requirements. - Team Leadership and Development: Lead and manage the accounting and finance team, providing direction, guidance, and support to achieve
departmental goals and objectives. - Foster a culture of excellence, professionalism, and continuous improvement within the finance function,
promoting employee engagement and development.
Qualification
- Bachelor’s degree in accounting, finance, or related field; master’s degree or professional certification (e.g., CA, CPA,
CMA) preferred. - 12+ years of experience in accounting and finance roles, with progressive leadership responsibilities in the financial
services industry or NBFC sector. - Strong knowledge of accounting principles, financial reporting standards, and regulatory requirements applicable to
NBFCs. - Proficiency in financial analysis, budgeting, forecasting, and financial modeling techniques.
- Excellent communication and interpersonal skills, with the ability to communicate financial information and insights
effectively to stakeholders. - Analytical mindset with problem-solving abilities, attention to detail, and a commitment to delivering high-quality
financial services. - Leadership and team management skills, with the ability to motivate, develop, and empower team members to
achieve departmental goals. - Strategic thinking and business acumen, with the ability to align financial strategies with organizational objectives
and drive sustainable growth.