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Chief Manager – Accounts

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 Chief Manager – Accounts

Job Title: Chief Manager – Accounts

Department: Accounts

Location: Worli, Mumbai

Experience: 12+years

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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.