Job Overview:

DMI Finance is seeking an experienced Finance Controller to lead our financial operations and drive technological innovation in our accounting and financial processes. This senior leadership role requires a strategic financial professional with 15-18 years of progressive experience in the NBFC sector, combining deep financial expertise with a passion for leveraging technology to enhance operational efficiency and accuracy.

Key Responsibilities:

A. Financial Management & Reporting

- Oversee preparation and analysis of monthly, quarterly, and annual financial statements in compliance with RBI guidelines and accounting standards (Ind AS/IFRS)

- Lead the month-end and year-end closing processes, ensuring accuracy and timeliness of financial reporting

- Manage statutory and regulatory reporting requirements including RBI returns, GST filings, and other compliance obligations

- Develop and maintain comprehensive financial analysis and management reporting frameworks

- Coordinate with external auditors and ensure smooth audit processes

Strategic Financial Planning

- Collaborate with the Business team on the annual budgeting, forecasting, and strategic planning processes

- Provide strategic financial insights to senior management and board of directors

- Conduct variance analysis and provide actionable recommendations for business improvement

- Support business development initiatives with financial modeling and feasibility analysis

- Oversee capital adequacy planning and regulatory capital management

Taxation & Compliance

- Lead comprehensive tax planning and strategy for direct and indirect taxes

- Oversee GST compliance, return filings, and input tax credit optimization

- Manage income tax computations, advance tax payments, and TDS/TCS compliance

- Handle tax assessments, appeals, and liaison with tax authorities

- Ensure compliance with withholding tax requirements on various financial products

- Monitor changes in tax legislation and assess impact on business operations

- Coordinate with tax consultants and manage transfer pricing documentation

- Implement tax technology solutions for automated compliance and reporting

Risk Management & Compliance

- Establish and maintain robust internal controls and risk management frameworks

- Ensure compliance with all regulatory requirements including RBI norms, Companies Act, and other applicable regulations

- Monitor and manage credit risk, operational risk, and market risk exposures (internal financial controls).

- Implement and oversee fraud prevention and detection mechanisms

- Coordinate with risk management and compliance teams

Technology Integration & Process Innovation:

- Spearhead digital transformation initiatives in finance and accounting functions

- Evaluate, implement, and optimize financial systems, ERP solutions, and automation tools

- Drive process reengineering to eliminate manual interventions and enhance accuracy

- Develop and implement automated reconciliation processes and controls

Team Leadership & Development

- Lead and mentor a team of finance professionals, fostering a culture of continuous learning and innovation

- Drive performance management and succession planning within the finance function

- Collaborate effectively with cross-functional teams including Operations, Technology, Risk, and Audit

- Champion change management initiatives and ensure smooth adoption of new processes and technologies

Education/Qualifications:

- Chartered Accountant (CA) qualification is mandatory

- MBA in Finance/related field is an advantage

Experience Requirements:

- 15-18 years of progressive experience in finance and accounting roles

- Minimum 8 years of recent experience in the NBFC and Banking ecosystem

- Hands-on experience with financial systems implementation and process automation

- Strong background in regulatory compliance and RBI guidelines

Leadership & Operational Skills:

- Exceptional analytical and problem-solving capabilities

- Strong communication and presentation skills

- Proven ability to drive change and innovation in traditional environments

- Strategic thinking with attention to operational details

- Ability to work under pressure and manage multiple priorities