AVP - Accounts - CA - NBFC

Our client is the largest NBFC- MFI based out of East India with AUM ~Rs.800 Cr., operations spread across 7 states and close to 250 branches) and is looking for Head Accounts. This position will be based out of Kolkatta and will report to the Group CFO.

The detailed job description is given below :

- As Head of Accounts the role requires determining financial objectives, designing & implementing systems, formulating policies & procedures to facilitate internal financial and process controls.

- Preparation of Financial accounts on monthly, quarterly, annually under IndAS and existing local GAAP, as the case may be.

- To Prepare / review the accounting policy of the Company to ensure they are consistent with latest guidance issued by ICAI, RBI, SEBI, MCA

- System enhancements / update for financial reporting to meet new accounting / regulatory pronouncements.

- Documentation and periodic review of key processes and controls relating to Financial reporting

- Covering financial reporting aspects of all new products / system roll outs.

- Working actively with other functional and business teams on accounting treatment of new transactions / products and operational arrangements especially under IndAS framework .

- Reinforcing and embedding strong control framework around current processes.

- Setting / reviewing process for Daily controls, Monthly / quarterly reports, budgetary control for the Company and departments.

- Corporate budgeting, Variance analysis, valuation, Ratio & Variance analysis, and Cost centre report.

- Generating MIS reports for top management and Promoters.

- Successfully implemented cost control measures.

- Handling direct and indirect taxes; MIS preparations; preparation of submissions at scrutiny assessment level

- Ensuring timely completion of Statutory Audit, Tax Audit and filling all Returns

- Designing and documenting process for domestic transfer pricing.

- Ensuring timely filing of various NBFC returns to RBI.

Experience :

- 10 years or more of post-qualification experience, preferably in Banking./ NBFC

- Working experience of IFRS / Ind AS in a financial services company (Bank / NBFC).

- Good experience with Core Banking Solutions (CBS).

- Candidate should be conversant with old Accounting Standards issued by ICAI, IFRS converged Ind AS, RBI circulars relevant for financial reporting.

Qualification :

Chartered Accountant with 10+ years of post-qualification experience

Soft Skill :

- Good Communication and interpersonal skills

- Good team leader and be able to manage and motivate team