Job/Soft skill training

Health insurance

Cafeteria

Office cab/shuttle

Free meal

Professional degree assistance

Child care facility

International/On-site exposure

Gifts on festivals

Annual leaves

Rewards & recognition

Paternity leaves

WFH setup

Joining bonus

Car lease

Mobile bill reimbursements

Relocation bonus

Life insurance

Maternity leaves

Performance bonus

Hero FinCorp Reviews by Employees

Sales Executive

Collections Manager

Collections Executive

Operations Executive

Territory Manager

Sales Manager

Finance Executive

Territory Sales Manager

Seles Executive

Credit Analyst

Associate

Relationship Officer

Team Lead

Senior Associate

Area Credit Manager

Relationship Manager

Cluster Manager

Sales Officer

Manager

Area Sales Manager

Junior Associate

Senior Executive

Collection Officer

Senior Sales Executive

Assistant Manager

Area Collection Manager

Cluster Collection Manager

Credit Officer

Operations Manager

Executive

Associate Manager

Collection Team Leader

Sales Coordinator

Cluster Manager Collection

Territory Collection Manager

Deputy Manager

Collection Agent

Recovery Executive

State Collection Manager

Lead

Credit Processing Associate

Collection Associate

Senior Sales Officer

Credit Manager

Customer Care Executive

Sales Team Leader

Regional Sales Manager

Area Operation Manager

Customer Service Executive

HR Executive

Recovery Agent

Senior Manager

State Head

Data Analyst

Field Officer

Sales

Loan Officer

Counter Sales Executive

Management Trainee

Credit Underwriter

Collection Team Lead

Manage Statutory, Internal and Regulatory Audits - Manage Quarterly and Annual Audits relating to Loan Assets, Income, credit costs, Partnership payouts etc and ensure coordinated inputs for auditors along-with Business, Risk, Operations and Legal teams. - Manage auditors interactions with respective LOBs on quarterly basis and facilitate required information, on timely basis with full accuracy. - Ensure compliance to RBI guidelines and Indian Accounting Standards. Interpret new regulations and communicate to all internal stakeholders on financial impacts while ensuring agreement with auditors on implementation of guidelines. Review and align our accounting practices with competition. Support closure of all open items with auditors. - Ensure timely action to close all issues raised by auditors to support clean audit report Drive simplification & Automation Projects: - Drive Automation Projects, including finalization of Vendor shortlisting, UAT, Go Live of various projects e.g. NPA policy change for write off cases in line with RBI directions, Changes required by regulatory guidance, Simplify & Automate accounting. Ensure regulatory requirements relating to audit trail are complied with, along with IT. - Drive automation of Regulatory Reporting along with Business, Operations, Compliance, in collaboration with EY, e.g. ECL, EIR, STR/CTR, CRILIC etc. - Lead new developments in SAP S/4 HANA, Anaplan, HRMS, SAP, Concur, Leasing etc. Ensure enhancement of SAP to support business transactions for both Hero Fincorp & Hero Housing - Work along with FP&A to generate P&L Dashboard with branch wise P&L reports, ECL computation at branch level, spread analysis automation, itemization of Other Income etc. Support Management decisions and actions - Track & publish periodic MIS to leadership for Collections Drive including - Publishing Key Collection Data pointers on a Daily, - Monthly basis to Drive the Retail collections as part of collection Command Centre, including Net Slippages actuals and forecast, - In-sight information for Top underperforming state/Branches, - Tracking of Potential NPA and NPA movement numbers, LOB wise Bucket wise Resolutions. - Tracking Achievement v/s Forecast, BDR and Settlement Loss: Actual Collections v/s Target with STLM - Potential Write off: Tracking of probable write offs numbers on a TOS / POS basis with STLM - Tracking of Penal income, PI Allocation, Target and Achievement - Sharing the data points to drive some key initiatives in relation to customer level loan accounts - Stage - 2, NPA Slippage and Net Slippage Dashboard for Retails Products - Analysis of collections efficiency, BDR, penal income to project credit costs. Operational support to Business: - Perform review of Indus Cash Collection on monthly basis. Raise amount to be recovered from vendors & inhouse team in case of short deposition of cash - Implementation and stabilization of Incentive and Commission Management (ICM) for Dealer/DSA payouts, Retail agency collection payout. Auto invoicing from Anaplan to SAP for monthly expense provisioning and payouts. Ensure tax compliances are adhered at time of computation & payouts. Integrity of financial statements: - Ensure accuracy of financial receivables, income accounting, write off, recoveries etc. in financial statement. Perform periodic reconciliations and maintain checks and balances to ensure accuracy. - Ensure accuracy of MIS & periodic report out by Biz Accounting team - Business Initiatives & projects e.g. - Partnerships - Support setup of FLDG arrangements in consultation with Partners. Support finalization of commercial agreement with Partners alongwith Product & legal teams. Ensure compliance with commercial arrangements as per Partnership agreements. Ensure systems are setup to comply with commercial arrangement and auto computation of payable & receivable from partners. - Perform monthly review of transactions, aging of partnership balances. Compute outstanding balances and get done monthly reconciliations with Partners, including projections for future periods. Highlight red flags in portfolio performance. Validate all payouts and recoveries from Partners. - Project Shrii - lead finalization of Business & Risk Factors, circle ups and all sign offs from auditor in agreement with bankers and counsels. Get audits completed in line with SEBI guidelines and finalize restated financials with auditors and their Capital Market teams. Manage all ICA certificates in format agreed with bankers and counsels. - Foreign Currency Bonds - Finalize Offering Circular for issuance of Foreign Currency Bonds along with Treasury, Legal, Counsels and bankers. Facilitate auditors sign offs on Comfort, Arrangement letters and circle ups. Portfolio Sale & Purchase: - Manage sale of delinquent portfolio to drive maximum profitability aligned to the business requirements. Ensure policy and regulatory compliances in relation to Portfolio sale & purchase transactions with prior approval of board approved authority. Identify pool for sale in consultation with Risk, Collections, legal and business teams. Closely work with bidders in valuation of portfolio and finalize sale agreements along with legal team. Negotiate and finalize commercials with bidders. Provide post sale support to buyer through Customer Services & Ops teams - Support direct assignment on sale and purchase of Portfolio along with Treasury, Ops & Legal. Ensure accounting and upfront profit recognition, as agreed with auditors.

Gurgaon/Gurugram

Delhi NCR

Hero Fincorp - Head - Systems Financials & Business Accounting 

Job Description for Hero Fincorp - Head - Systems Financials & Business Accounting  in HERO FINCORP LIMITED in  Gurgaon/Gurugram Delhi NCR for (15-25) years of experience. Apply Now!

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