Head - Financial Controls/Audit & Reconciliations

Key Responsibilities:

1. Reconciliations:

- Perform and review GL reconciliations, bank reconciliations, inter-branch, and inter-division reconciliations.

- Ensure accuracy and timely resolution of open items.

2. Finalisation of Accounts & Financial Analysis:

- Handle finalisation of accounts including P&L and Balance Sheet reviews.

- Conduct ratio, trend, and exception analysis (e.g., credit ledger having debit balance, etc.).

- Ensure timely and accurate accounting of income, expenses, assets, and liabilities.

3. Revenue Optimisation & Cost Management:

- Manage vendor payments and purchase orders (POs) while monitoring timely delivery.

- Review income and expenditure GLs for optimization opportunities.

- Drive process adherence and strengthen internal controls.

4. Budgeting, MIS & Compliance:

- Support budgeting and forecasting processes with accurate inputs.

- Prepare and present MIS reports to management.

- Conduct internal audits, compliance checks, and support external audits.

- Perform SOP audits to assess process robustness and identify improvement areas.

5. Process Audit:

- Direct Tax Compliance : TDS/TCS/Payments / TDS certificates. etc.

- Indirect Tax Compliance : Identify, monitor transactions attracting GST and ensure GST compliance.

- Reconciliation of accounts in Financial system with multiple accounting systems used by

Operations team to ensure Financial statements are accurate.

- Preparation/Review of Process notes/SOPs and ensure adherence of operations with documented process

- Change Management : Assess the impact of regulatory changes on the operations and recommend changes required.

- Operational Audit : Periodic audit of operations and suggesting preventive and corrective

actions for discrepancies found , if any.

- Payments in time to all vendors : Coordinate with Payable team and users of services to ensure invoices are received and paid in time.

- Regulatory Compliance- Ensure compliance e with frequently changing rules and regulations of RBI/SEBI/NABARD/NHB/NPCI/ .

- Coordination with Statutory and Internal/RBI/Other regulatory Auditors.

Desired Skills & Experience:

- Strong analytical, problem-solving, and reporting skills.

- Good knowledge of accounting standards, reconciliations, and financial controls.

- Experience in working with auditors and managing compliance processes.

- Proficiency in ERP/Accounting systems and MS Excel.