Head - Accounts & Taxation Location: Mumbai Reporting to: HOD/CFO About the Role: The Head - Accounts & Taxation is the single point of accountability for the accuracy, integrity and regulatory compliance of the NBFC's books of accounts, tax compliance, and financial control environment. Operating as a strategic partner to the function, the role goes beyond routine accounting & tax delivery to shape financial governance, drive audit and regulatory readiness, enable new business lines, and build a scalable, automated finance backbone - benchmarked against the standards of leading diversified NBFCs in the Industry. Key Responsibilities: 1. Financial Accounting & Close: - Own the end-to-end monthly, quarterly and annual book closure and Board/investor MIS with no-surprise, first-time-right reporting. - Drive a disciplined close calendar across the LMS, ensuring accounting integrity of high-volume retail/wholesale loan books and timely accurate accounting/recording of all transactions. - Institutionalise ECL (Expected Credit Loss) governance - methodology, model validation, overlays and provisioning rational. 2. IND AS & Schedule III Financials: - Ensure full technical compliance of financial statements with IND AS (109, 116, 32, etc.) and Schedule III (Division III) presentation for NBFCs. - Track evolving accounting standards/ICAI guidance and provide the impact analysis and lead implementation of changes. - Own the related-party transactions, segment and fair-value disclosures with technical rigor expected of a listed. 3. RBI Regulatory Reporting: - Ensure 100% accurate, on-time submission of all RBI/NBFC prudential returns (DNBS, CRILC, capital adequacy, Treasury related returns). - Act as primary finance interface for RBI inspections - pre inspection readiness, query resolution and risk mitigation action plans. - Monitor regulatory developments (scale-based regulation, IND AS/RBI convergence, etc.) and proactively reposition policy, reporting frameworks and implement the changes, if any. 4. Direct & Indirect Taxation: - Own the tax compliance- corporate tax, TDS, GST - including optimisation, litigation management and assessment/appeal representation, if any. - Advise the business (product, treasury, co-lending, digital lending) on tax structuring for new products and partnerships before launch. - Monitor- Tax & Regulatory changes and implement, Provide the guidance to business from tax and Regulatory perspective. - Build a defensible tax governance framework and maintain a healthy relationship with tax authorities and external counsel. 5. Internal Financial Controls (IFC): - Design, implement and continuously test the IFC/ICFR framework across the finance value chain in line with the Companies Act and accepted control principles. - Own the Risk & Control Self-Assessment (RCSA) programme with monthly control testing to identify and close gaps ahead of audit. - Govern master data integrity - chart of accounts, tax masters, vendor/customer masters - with segregation of duties and system-enforced approvals. - Standardize and update the finance processes, policies & SOPs. 6. Audit Management: - Lead statutory, internal, tax, concurrent and RBI audits end-to end - readiness, query management and time-bound closure of observations. - Own the relationship with key stakeholders for smooth audit closure. - Drive root-cause based closure of audit actionable to prevent repeat observations across cycles. 7. Financial Systems & Automation: - Drive automation and digitalization of finance processes to enhance efficiency, accuracy, and scalability. - Partner with Tech to strengthen the finance systems architecture (ERP, LMS integration, RPA, data lake) for a fast growing loan book. - Benchmark processes against industry leaders and drive a continuous-improvement roadmap for the finance function. 8. Team Leadership: - Build, mentor and retain a high-calibre Accounts & Taxation team; create career paths and succession depth for critical roles. - Instil a culture of ownership, technical excellence and regulatory discipline across the team. - Act as a strategic partner and coach to direct reports, enabling them to independently manage stakeholders. 9. Stakeholder Management: - Serve as a trusted finance partner to the HOD, CXOs and CEO on accounting, tax and regulatory matters. - Bridge Finance with Business, Risk, Operations and Technology to enable new products/business lines with accounting and compliance readiness. Qualifications and Experience: - Chartered Accountant (CA) with 8+ years of progressive finance experience preferably from NBFC /HFC background. - Deep technical mastery of IND AS, Schedule III, RBI prudential/NBFC regulations and direct/indirect tax law. - Prior experience in a high-growth, scale-based-regulation NBFC, having operated at a similar role. - Strong grip on ECL modelling, IFC/ICFR frameworks and regulatory reporting systems (NBS, DNBS, ALM returns). - Sound judgement and integrity in navigating complex, ambiguous regulatory and accounting positions.

Mumbai

Head - Accounts & Taxation - NBFC - CA 

Job Description for Head - Accounts & Taxation - NBFC - CA  in Virtuous Advisors and Resources Pvt. ltd. in  Mumbai for (8-12) years of experience. Apply Now!