Head - Accounts & Tax

Position: Head Accounts and Tax

Location: Corporate Office, Mumbai

Reporting To: Chief Financial Officer (CFO)

Role Overview:

We are seeking a highly experienced and detail-oriented Head Accounts and Tax to lead our accounting and taxation functions, ensure compliance with IND AS and other regulatory requirements, and support the organization's financial strategy. The ideal candidate will bring deep technical expertise in accounting standards, direct and indirect taxation, and NBFC-specific compliance, along with strong leadership skills to guide the finance team.

Key Responsibilities:

1. Accounting & Financial Reporting - Oversee end-to-end accounting operations, ensuring accuracy, timeliness, and compliance with IND AS. Prepare, review, and finalize monthly, quarterly, and annual financial statements.

- Ensure proper accounting treatment for complex transactions, including loan accounting, securitization, ECL provisioning, and fair value measurement. Maintain and enhance internal financial controls to safeguard assets and ensure data integrity.

2. Taxation -Manage all aspects of direct taxation (Income Tax, TDS) and indirect taxation (GST, Stamp Duty).

- Oversee tax planning, compliance, and filing of returns in line with statutory deadlines. Liaise with tax authorities and handle assessments, audits, and notices. Ensure compliance with transfer pricing regulations where applicable.

3. Regulatory & Compliance - Ensure adherence to RBI guidelines, Companies Act requirements, and other applicable regulations.

- Coordinate with statutory auditors, internal auditors, and regulatory bodies. Monitor changes in accounting standards, tax laws, and NBFC regulations, and implement necessary changes in processes.

4. Team Leadership - Lead, mentor, and develop the finance and accounts team. Foster a culture of continuous improvement and professional development within the finance function.

Key Performance Indicators (KPIs):

Financial Reporting & Compliance:

- Timely and accurate submission of financial statements as per IND AS.

- Zero major audit qualifications in statutory and internal audits.

- 100% compliance with RBI, Companies Act, and other NBFC regulatory requirements.

Taxation:

- Timely filing of all tax returns with zero penalties for delays or errors.

- Successful closure of tax assessments with minimal disputes.

- Implementation of effective tax planning measures to optimize liability.

- Strong technical expertise in IND AS (including IND AS 109 - Financial Instruments, IND AS 32, and IND AS 107).