Description:

Role Overview:

We are looking for a qualified Chartered Accountant to manage end-to-end accounting, financial reporting, compliance, and intercompany reconciliations across multiple group entities.

The candidate will act as the finance single point of contact (SPOC) for the NBFC while also supporting GL/Record-to-Report (R2R) functions for other regulated entities.

The role requires strong knowledge of accounting, Ind AS, RBI regulations, financial controls, and preparation of financial statements.

Key Responsibilities:

NBFC Entity Accounting & Month-End Closure:

- End-to-end ownership of NBFC books, including GL postings, reconciliations, provisioning, impairment/ECL, and trial balance finalization.

- Monitor loan disbursement, collections, and interest income recognition (EIR), and record related accounting entries.

- Ensure timely month-end close with no outstanding gaps.

GL / R2R for Other Group Entities:

- Reconcile control accounts and general ledgers.

- Perform month-end close activities including preparation and review of balance sheet schedules and workings.

Regulatory Compliance & Reporting:

- Prepare and file RBI returns for NBFC (DNBS, CRILC, CIC, etc.

- Ensure compliance with the Companies Act, Income Tax, and GST requirements for the NBFC entity.

- Monitor regulatory updates from the RBI and implement required changes.

Financial Statements & Audit:

- Prepare standalone financial statements under Ind AS for the NBFC.

- Support group consolidation and intercompany eliminations.

- Coordinate with statutory auditors to ensure timely closure of audits across all entities.

- Draft notes to accounts and regulatory disclosures for each entity.

Intercompany Reconciliations & Cross-Charge Management:

- Perform intercompany reconciliations across group entities.

- Manage cross-charge workings for shared services.

- Ensure timely settlement of balances and arms-length compliance for related-party transactions.

Internal Financial Controls & Risk Management:

- Establish and monitor the internal financial controls (IFC) framework across entities, with a special focus on the lending business.

- Define accounting policies for provisioning, revenue recognition, and securitisation/assignment.

- Oversee fund flow and treasury management, ensuring regulatory liquidity ratios are met.

ERP & Systems Integration:

- Collaborate with ERP, technology, and product teams to implement NBFC modules (loan accounting, ECL, collections) and entity-specific integrations.

- Ensure system reconciliations between ERP and LMS platforms.

- Drive automation in reconciliations and reporting.

Business Partnering & Strategic Finance:

- Provide financial insights to business teams across the lending function.

- Deliver timely MIS and dashboards aligned with regulatory and management needs.

Candidate Profile:

- Qualified Chartered Accountant with 36 years post-qualification experience (PQE) in NBFC, HFC, stock broking, or fintech is mandatory.

- Strong understanding of Ind AS and core accounting concepts.

- Hands-on experience with multi-entity GL/R2R, intercompany reconciliations, and regulatory reporting.

- Familiarity with ERP, LMS, CBS, and fintech platforms; excellent Excel and data-handling skills.

- Ability to manage multiple regulated entities simultaneously with an ownership mindset.